Skins need to free up cap room

i always love to see how the skins push off cap hell. Its so much fun.Not only are they using creative techniques to free up space now, they can also do it to free up space for later.

Oh those crazy Redskin capologists.

I agree with Beasts of the East, having 3 million remaining under the cap after taking ~4 million in hits and making about 6 value signings does seem a bit questionable.

But cutting Wynn frees up like 3 million if we need it.

It would be nice to let the guy play out his contract here. He definately earned every dollar with his pay. Let him walk after this year. It's the best for all parties involved.

Then again, I was ignoring the rule of 51 credits. These credits wipe out MOST of the value of those smaller contracts from the cap. It is plausible that we have about 3 mil remaining.

I stand corrected...by myself.

all i know is, our capologist needs a raise

I'm sorry CC, I just dont see how thats possible. Did you also count Wades contract? I know I'm probably wrong cause ur the cap guru but I just dont see how thats possible to have that much in cap room. 2.1 for arch, 2.3 for Patten, .435x3=1.305 for Boschetti, stoutmire, and yoder, .850 for Frost, approx 2.5 for Wade, and Subtract apporx .350 from the guy that got cut. 2.1+2.3+1.3+.9+2.5-.4=8.7 We had 9.7, subtract 8.7 and that's 1mil. Even without having Stoutmire, that means that you dont subtract .4, so his addition of .35 doesnt really impact it that much. Are there any rules that I am not aware of (I just learned that vet mins count as .435, anything else like that?)? Are you using the rule of 51 because I am treating the cap as if it were the regular season?

Yeah Wade is in the numbers, CC has him down for a 3-Year deal worth $4.5 million, no signing bonus. The 2007 cap hit is $720K. That makes up a big portion of the difference.

schneed, if the skins want dre bly here this season, do the numbers work?

schneed, if the skins want dre bly here this season, do the numbers work?

It really depends on a couple things:

1) What does Todd Wade's contract look like? JLC reported in the post that it was 2 years, worth somewhere around $3 million a year. CC is reporting 3 years worth about $1.5 million a year. CC usually goes straight to the NFLPA site for his info, I think. Maybe he can comment.

2) Was Patten a post-June 1 release, or not? If not, was that $3 million payment a guaranteed payment, or was it a roster bonus of some sort? So we need a little more info on Patten before we know the hit we're taking for him.

Now, CC's sheets say we have $3.8 million in room, probably about $3.3 after we factor in Stoutmire. But those numbers include the worst-case scenario on Patten, and a best-case scenario on Wade. So we could have as much as $6 million in room if it's best-case for both Patten and Wade. Or we could have $1 million in room if it's worst-case on both. CC's numbers fall in the middle of that range, so chances are, they're right. $3.3 million in current cap room is a safe assumption.

That would be enough for rookies, but probably not enough for Bly. We could create the room for Bly if we wanted though; we can ditch Todd Collins to create $1.2 million, or we can ditch Renaldo Wynn to create $2.5 million.

I refuse to believe if we were in such a bad cap position we would have cut Patten to take an EXTRA 2.3 million cap hit. It makes no sense at all. I beleive CC's numbers are right, but i refuse to believe we would cut patten and take a EXTRA hit. It is not like his contract was mind boggling, it was 5 years 13 million. Patten had to save us money (although not alot), no question in my mind. The 3 million had to be a roster bonus. As for Wade it is a 3 year deal, but if he plays 80% of the snaps it gets voided after 2. This was done to spread the cap hit. There was also no signing bonus, the Skins just Guarnteed 4.25 million of the deal.

I refuse to believe if we were in such a bad cap position we would have cut Patten to take an EXTRA 2.3 million cap hit. It makes no sense at all. I beleive CC's numbers are right, but i refuse to believe we would cut patten and take a EXTRA hit. It is not like his contract was mind boggling, it was 5 years 13 million. Patten had to save us money (although not alot), no question in my mind. The 3 million had to be a roster bonus. As for Wade it is a 3 year deal, but if he plays 80% of the snaps it gets voided after 2. This was done to spread the cap hit. There was also no signing bonus, the Skins just Guarnteed 4.25 million of the deal.

How can there be no signing bonus but 4.25mil is guarenteed? Also where did you get that 80% thing from, I'm not doubting it, I just want to know where to go to get info.

Just because something is guarenteed it doesn't mean he got anything to sign. It just means if we cut him we it all hits the cap.

Team Reports | NFL Football at CBS SportsLine.com (http://www.sportsline.com/nfl/teams/report/WAS/10080352)

I refuse to believe if we were in such a bad cap position we would have cut Patten to take an EXTRA 2.3 million cap hit. It makes no sense at all. I beleive CC's numbers are right, but i refuse to believe we would cut patten and take a EXTRA hit. It is not like his contract was mind boggling, it was 5 years 13 million. Patten had to save us money (although not alot), no question in my mind. The 3 million had to be a roster bonus. As for Wade it is a 3 year deal, but if he plays 80% of the snaps it gets voided after 2. This was done to spread the cap hit. There was also no signing bonus, the Skins just Guarnteed 4.25 million of the deal.

I see, thanks for the info on Wade.

Then that means CC's numbers are correct on Wade.

And you're probably right on Patten. I don't think the Skins make a move to cut Patten unless they're clearing cap space by doing so.

If that's the case, we're sitting here with about $6.5 million in space. So yeah, we can fit Bly in along with our rookies.