Jon Jansen Restructures

well I was wrong and that's good, .8 over sounds great. I still see a lot of potential savings and it seems that media critics have finally learned to shutup because we always find a way to bring down our numbers.

Looks like Jansen's restructure was exactly what I was expecting, a simple restructuring of base salary into the form of signing bonus. The cap savings this year will be $3.2 million.

Ethan Albright was resigned as well, but has little to no affect on the cap. His cap number bumps another guy out of the top 51, and the difference between his cap figure and the 52nd player's is minimal.

How will Rock Cartwright factor into all this?

How will Rock Cartwright factor into all this?

Right now, Cartwright is a free agent, thus resigning him would be a hit to our cap figures. Signing him would move us further into the red.

Right now, the 51st man on our team counts $370K against the cap. For simplicity's sake, let's say we resign Rock for a one year deal worth $1.0 million. His signing would bump the 51st man out of the top 51, reducing our cap by $370K. He would then be added at $1.0 million. So the net effect of signing him, in this example, would be a hit of $630K.

Obviously if he signs with us for more money than that, the hit would be worse.

Rumors from JLC on his blog have indicated that the Skins may let him walk. Provided that they have a decent fallback option for kick returning and special teams, this could be a decent move. Our 3rd RB doesn't see the field often, so seeing him leave from a RB standpoint is really no big deal. But the staff will need to be cognizant of replacing his special teams leadership if they decide to let him go.

Betts will probably go back to returning kicks if Rock leaves.

schneed, great job. just saw on the nfl network that the skins are about 775,000 over thew cap.

Yeah, but that makes his cap release number go way up next year. Does anyone know if Randy moss was franchised, I saw nothing yet and I think the dead line is 4pm

Looks like he's agreed to the vet min :)

Seriously though, according to this he's restructured his 2008 salary down from around $5 million to $730,000

NFL Players Association - Resources - Active Player Search (http://www.nflpa.org/Resources/ActivePlayerSearch.aspx?id=26979)

Haven't really had a chance to look at the overall cap ramifications. I'll leave that to the brainiacs

FINALLY someone signed for close the veteran's minimum. Whew, now that he's done it then everyone else will want to come here and do it too, right!?!

Looks like Jansen's restructure was exactly what I was expecting, a simple restructuring of base salary into the form of signing bonus. The cap savings this year will be $3.2 million.

Ethan Albright was resigned as well, but has little to no effect on the cap. His cap number bumps another guy out of the top 51, and the difference between his cap figure and the 52nd player's is minimal.

2 quick questions.. Where does Brunell fit into all of this?

Also, you may not be able to answer but maybe someone can, what kind of tax ramifications do players face when doing this type of restructure? I'd think that going from a large salary to a large bonus would hurt them tax wise since bonuses are taxed at a much higher rate than salary.

FINALLY someone signed for close the veteran's minimum. Whew, now that he's done it then everyone else will want to come here and do it too, right!?!


Not when they read your sig.

Can someone explain this better, that understands it. The way I understand it is Jansen just got several million dollars guarenteed, that will be spread out over the remaining life of his contract. Making his cap number huge next year and the subsequent years. Is that correct or did he say, my play has not been that great and I was injured, so for the good of the team I will give up millions?