The Archuleta cap hit question.
 

I have a question for the cap gurus ... Just what has Archuleta cost us cap wise?

If we trade a player then is the salary taken off the cap as if he had been cut ?

Because if it does then assuming we can/do use a June 1st exemption on Archuleta and split the hit over two years then we would take the pro rated hit from this year of his orrigional signing bonus over the 6 years of the contract $0.833 this year (a saving of $1.59million on the hit from this year and then take the rest of the hit in 2008
($3.32million - about the same as his cap would have been next season if he was on the team)

*Edit not sure about a roster bonus he was due in 2006 $3million weather we took it as a single hit or spread it as a signing bonus.


I am making a ton of assumtions in this like the initial signing bonus was pro-rated over 6 years (the maximum) i think and that the orrigional bonus was $5 million . The $10 million signing bonus that is widly reported comes from the 2 $5 million signing bonuses spaced a year apart.

Also given we never took up the option of the second bonus and he was traded before the deadline wich would have triggured the poison pill (X number of the following years salaries would become garunteed) then it is as if it never exisited.

If this is true, and I really think I have messed up somewhere (possibly the 2007 roster bonus), then not only did the Redskins get a pick for a benchwarmer back away from a locker room problem and clear some cap space in the bargin, not just now but in the future as well.

Re: The Archuleta cap hit question.
 

It's still too early to tell what the cap implications are, but Schneed10 posted this in another thread

[quote]Regarding Archuleta's contract, did you guys notice that his deal with Chicago will include $5 million in guarantees? So says the ESPN article.

$5 million is exactly what we owed him tomorrow when the second half of his guaranteed money was due to him.

I await the numbers from La Canfora, but I'd venture to guess that somehow the Skins managed to transfer that $5 million payment over to the Bears. If true, the 'Skins would be taking a $4 million dead cap hit this year on Archuleta, meaning making the trade only ate up $1.7 million of incremental cap space, meaning we'd be sitting here with about $8 million in 2007 cap space.

Maybe CC knows if such a transfer of guaranteed payments can be done under the new collective bargaining agreement?

It bears watching. But if I had to bet, I'd guess that we are not eating the full $9 million in dead cap money. I think we probably got out of some of that somehow.

Curious that all rumblings regarding Dre Bly have been silent to this point... if we've resolved Archuleta without taking a huge cap hit from him then the door is open for Mr. Bly.

ALL SPECULATION ON MY PART. But my speculation is probably more accurate than anything on PFT!
[/quote]

Re: The Archuleta cap hit question.
 

[quote=Mattyk72;289670]It's still too early to tell what the cap implications are, but Schneed10 posted this in another thread[/quote]

To update myself, it appears that I was correct in that post. Per the WP's article:

[QUOTE]
The Redskins and Archuleta agreed to postpone his original deadline of March 12 to receive his bonus payment in order to facilitate a trade, and the Bears, whose coach, Lovie Smith, has a strong relationship with the safety from their time together in St. Louis, ultimately agreed to pick up that $5 million payment as part of the deal, sources said, beating today's new deadline for the option.

Archuleta will get a new contract with Chicago, while the Redskins are expected to land just a sixth-round pick as compensation for a player who was drafted 20th overall in 2001. Had the Redskins executed the option and kept Archuleta as a reserve (behind starters Pierson Prioleau and Sean Taylor), he would have cost them $2.4 million against the salary cap; by dealing him, he likely will count $4 million in dead cap space, pending any other possible contract restructurings, but will be off the team's books after 2007.
[/QUOTE]

He counts $4 million against our 2007 cap instead of $9 million. He would have counted $2.4 million if he played for us in 2007. So trading him ate up $1.6 million in space.

This means we now have $8 million in space to work with right now. Given that rookies will fit in $3 - $4 million in space, there clearly is a plan in place to make another major move. Look for the Bly deal to go down soon.

Re: The Archuleta cap hit question.
 

If I can add one comment, absolutely genius move by the 'Skins.

- We cleared his contract off the 08 and 09 years, which helped immensely because our cap was getting heavy in those years.

- We got rid of a huge free agent mistake without taking a huge cap penalty.

- We actually got a 6th round pick for someone who is a complete bum in our system.

Setting up Archuleta's deal as $5 million guaranteed up front, and $5 million guaranteed one year later is what allowed us to make this move. If we had given him all $10 million up front, this move would have been impossible. Genius contract structuring by our front office, showing that they know how to plan for contingencies when going after free agents. It shows they actually put thought into what they're doing, rather than just running willy-nilly and buying up every player in sight.

Bravo, Danny, bravo.

Re: The Archuleta cap hit question.
 

[quote=Schneed10;289679]If I can add one comment, absolutely genius move by the 'Skins.

- We cleared his contract off the 08 and 09 years, which helped immensely because our cap was getting heavy in those years.

- We got rid of a huge free agent mistake without taking a huge cap penalty.

- We actually got a 6th round pick for someone who is a complete bum in our system.

Setting up Archuleta's deal as $5 million guaranteed up front, and $5 million guaranteed one year later is what allowed us to make this move. If we had given him all $10 million up front, this move would have been impossible. Genius contract structuring by our front office, showing that they know how to plan for contingencies when going after free agents. It shows they actually put thought into what they're doing, rather than just running willy-nilly and buying up every player in sight.

Bravo, Danny, bravo.[/quote]

Schneed, I'm sure it's been said before, but I appreciate the value you add to this sight. Same goes for CC and ThatGuy...and all the other resident Capologists.

Re: The Archuleta cap hit question.
 

[quote=12thMan;289681]Schneed, I'm sure it's been said before, but I appreciate the value you add to this sight. Same goes for CC and ThatGuy...and all the other resident Capologists.[/quote]

Aw thanks. That was nice. CC taught me just about everything I know, I just studied his cap sheets in excel.

If I can say so, I love this site cuz everyone adds value, whether linking to valid news stories, giving solid football analysis, salary capping it up, posting scouting reports on rookies, etc. Plus know what I love most? Our ability to recognize bogus rumors and avoid becoming one of those sites that perpetuates ridiculous rumors.

Anyway, I love everybody. :grouphug:

Re: The Archuleta cap hit question.
 

[QUOTE=Schneed10;289686]Plus know what I love most? Our ability to recognize bogus rumors and avoid becoming one of those sites that perpetuates ridiculous rumors.

Anyway, I love everybody. :grouphug:[/QUOTE] Hey, did you know that [URL="http://www.msnbc.msn.com/id/7149535/"]MSNBC.com's mock draft[/URL] has us taking Adrian Peterson and then trading Portis for picks? I think that's exactly what we're going to do; we'll take Calvin Johnson with the picks that we get for Portis and then we'll go undefeated for the next 8 seasons. It'll be sweet!

j/k

Good work on the cap info. It's nice to know that this isn't going to be one of the situations where we have to pay someone who isn't on the team for years to come.

Re: The Archuleta cap hit question.
 

now we can draft that LUS safety

Re: The Archuleta cap hit question.
 

[quote=ArtMonkDrillz;289687]Hey, did you know that [URL="http://www.msnbc.msn.com/id/7149535/"]MSNBC.com's mock draft[/URL] has us taking Adrian Peterson and then trading Portis for picks? I think that's exactly what we're going to do; we'll take Calvin Johnson with the picks that we get for Portis and then we'll go undefeated for the next 8 seasons. It'll be sweet!

j/k

Good work on the cap info. It's nice to know that this isn't going to be one of the situations where we have to pay someone who isn't on the team for years to come.[/quote]

Wow, what a retarded mock.

:doh:

Re: The Archuleta cap hit question.
 

Great move by the Skins, considering the circumstance. Not only that O. Stoutmire played really well here. Although the signing was bad, this was the best scernario we could have possibly had.

Re: The Archuleta cap hit question.
 

[QUOTE=Schneed10;289679]If I can add one comment, absolutely genius move by the 'Skins.

- We cleared his contract off the 08 and 09 years, which helped immensely because our cap was getting heavy in those years.

- We got rid of a huge free agent mistake without taking a huge cap penalty.

- We actually got a 6th round pick for someone who is a complete bum in our system.

Setting up Archuleta's deal as $5 million guaranteed up front, and $5 million guaranteed one year later is what allowed us to make this move. If we had given him all $10 million up front, this move would have been impossible. Genius contract structuring by our front office, showing that they know how to plan for contingencies when going after free agents. It shows they actually put thought into what they're doing, rather than just running willy-nilly and buying up every player in sight.

Bravo, Danny, bravo.[/QUOTE]

Too bad the skins are not as good at evaluating players as they are at structuring contracts. Unfortunately this is what we have been reduced to as skins fan, complementing our great contract structures.

Re: The Archuleta cap hit question.
 

[QUOTE=Mattyk72;289689]Wow, what a retarded mock.

:doh:[/QUOTE]

I think this could happen (because nothing this team does could surprise me) but I think getting decent picks for CP would be the hard part. As I said before, CP is now damaged good and I dont think his value is nearly as high as the skins think it is.

Re: The Archuleta cap hit question.
 

[quote=irish;289691]Too bad the skins are not as good at evaluating players as they are at structuring contracts. Unfortunately this is what we have been reduced to as skins fan, complementing our great contract structures.[/quote]

Yeah that's true. If we could just get the right players in the first place...

Re: The Archuleta cap hit question.
 

[quote=Schneed10;289686]Aw thanks. That was nice.

Anyway, I love everybody. :grouphug:[/quote]
who stole schneeds screen name? this cant be the real deal, showing all this love. and good morning

Re: The Archuleta cap hit question.
 

[quote=dmek25;289701]who stole schneeds screen name? this cant be the real deal, showing all this love. and good morning[/quote]

I guess I'm just not a morning person, LOL.

Good morning, harumph harumph.

Re: The Archuleta cap hit question.
 

[quote=irish;289691]Too bad the skins are not as good at evaluating players as they are at structuring contracts. Unfortunately this is what we have been reduced to as skins fan, complementing our great contract structures.[/quote]

I think the tide is really turning, Irish.

I think us letting Dockery walk, getting rid of AA and that monster contract, bringing back Smooty and Omare S. for a reasonable deals. And let's not discount how we locked up Betts before he could hit the open market and break the bank. These things tell me we are pointing in a new direction.

There's no doubt we've had some misses on evaluting talent, but who hasn't? We've had some really good draft picks who are still around and some solid FA pickups. Wade is one of the first to jump out at me.

My main issue with the Skins is not who bring in, per se, but that we don't get as much bang for our buck like the premium franchises.

Re: The Archuleta cap hit question.
 

[quote=irish;289694]I think this could happen (because nothing this team does could surprise me) but I think getting decent picks for CP would be the hard part. As I said before, CP is now damaged good and I dont think his value is nearly as high as the skins think it is.[/quote]

I don't think Gibbs has put an ounce of thought into trading CP. He loves the guy.

Re: The Archuleta cap hit question.
 

Portis isn't going anywhere for a variety of reasons. He's still a top back in this league, Gibbs loves him, and his cap hit would be tremendous at over $12M. Again, a retarded mock draft severely lacking any sense of reality.

Re: The Archuleta cap hit question.
 

man glad to finally find out the cap ramifications. seems like a pretty good job

Re: The Archuleta cap hit question.
 

[quote=Schneed10;289679]If I can add one comment, absolutely genius move by the 'Skins.

- We cleared his contract off the 08 and 09 years, which helped immensely because our cap was getting heavy in those years.

- We got rid of a huge free agent mistake without taking a huge cap penalty.

- We actually got a 6th round pick for someone who is a complete bum in our system.

Setting up Archuleta's deal as $5 million guaranteed up front, and $5 million guaranteed one year later is what allowed us to make this move. If we had given him all $10 million up front, this move would have been impossible. Genius contract structuring by our front office, showing that they know how to plan for contingencies when going after free agents. It shows they actually put thought into what they're doing, rather than just running willy-nilly and buying up every player in sight.

Bravo, Danny, bravo.[/quote]

I have to agree with this one as well. To clear up the AA contract and get a pick at the same time is genius. Remember everyone - a guy name Colston on the Saints was a 6th round pick so don't discount lower rounds picks - there are hidden gems if you can find them.

One question though - with getting rid of AA contract for 08 and beyond would it be resonable to assume that this is a make or break year for Brandon Llyod? I remember seeing many posts saying we could not get rid of both AA and Lloyd due to the cap hits - but it would seem to me that now that the Skins have cleared up AA and he is off the books after 07 if Brandon Llyod does not start playing up to his contract he will be gone after this year - correct?

Re: The Archuleta cap hit question.
 

[QUOTE=12thMan;289681]Schneed, I'm sure it's been said before, but I appreciate the value you add to this sight. Same goes for CC and ThatGuy...and all the other resident Capologists.[/QUOTE]

Thanks 12th.

The great thing about the cap is that it gives us great insights into the teams future plans. You can listen to all the stories and rumors, but analyzing the cap situation will usually give you all the info you need to know.

This is why many people here were already predicting the Arch cut (due to our excess cap space), and now the numbers tell us that the Bly trade is a good bet as well.

Re: The Archuleta cap hit question.
 

[quote=CrazyCanuck;289814]Thanks 12th.

The great thing about the cap is that it gives us great insights into the teams future plans. You can listen to all the stories and rumors, but analyzing the cap situation will usually give you all the info you need to know.

This is why many people here were already predicting the Arch cut (due to our excess cap space), and now the numbers tell us that the Bly trade is a good bet as well.[/quote]

Amen brother. I'd comment further, but I think my signature says it all!

Re: The Archuleta cap hit question.
 

Yeah the cap really does tell the whole story sometimes. I think we have the best capologists around, great job as usual guys.

Re: The Archuleta cap hit question.
 

I give most praise to Lovie Smith rather than the Redskins cap team. He could have made it much harder on us, but he was generous when we were in a bad negotiating position.

However, great job with the cap stats, Schneed. You've taken a load off my mind.

Re: The Archuleta cap hit question.
 

[QUOTE=Oakland Red;289843]I give most praise to Lovie Smith rather than the Redskins cap team. He could have made it much harder on us, but he was generous when we were in a bad negotiating position.[/QUOTE]

I'm sure Lovie made this move out of the goodness of his heart. LOL.

Re: The Archuleta cap hit question.
 

[URL="http://blog.washingtonpost.com/redskinsinsider/2007/03/does_the_arch_trade_make_sense.html#more"]http://blog.washingtonpost.com/reds...sense.html#more[/URL]

Reading Jason LaCanfora's blog post, it seems like he is saying that we are responsible for the cap hit this year, even if Chicago is picking up the $5 million dollar payment.

So would this mean, if he is right, that it is like we cut him?

Re: The Archuleta cap hit question.
 

Has anyone seen this as far as how we are treating AA's contract:

"Archuleta received a $5 million signing bonus last year, $4 million of which eventually will count against Washington's salary cap. It's believed the Redskins will use one of their June 1 exceptions so that Archuleta will count only $1.5 million against the cap this year, with the rest coming in 2008."

I thought the Skins were going to just eat the contract in 2007 so we get relief in 2008? Unless we are going to use the additional space in 2007 to sign free agents why not just get the dead cap hit out of the way in 2007?

[url=http://www.washtimes.com/sports/20070321-125818-1305r.htm]Redskins trade Archuleta - Sports - The Washington Times, America's Newspaper[/url]

Re: The Archuleta cap hit question.
 

I wouldn't trust what the Times reports, they're off base quite a bit.

Re: The Archuleta cap hit question.
 

[quote=irish;289846]I'm sure Lovie made this move out of the goodness of his heart. LOL.[/quote]

Yes, it isn't imaginable that someone wouldn't try to shaft someone else for the most they could possibly get. For a moment, I forgot.

Re: The Archuleta cap hit question.
 

[quote=Mattyk72;289873]I wouldn't trust what the Times reports, they're off base quite a bit.[/quote]

Dan Daly at the Times is the worst, they are all Skins haters over there!

Not related!!!!

Re: The Archuleta cap hit question.
 

[quote=Bill B;289860]Has anyone seen this as far as how we are treating AA's contract:

"Archuleta received a $5 million signing bonus last year, $4 million of which eventually will count against Washington's salary cap. It's believed the Redskins will use one of their June 1 exceptions so that Archuleta will count only $1.5 million against the cap this year, with the rest coming in 2008."

I thought the Skins were going to just eat the contract in 2007 so we get relief in 2008? Unless we are going to use the additional space in 2007 to sign free agents why not just get the dead cap hit out of the way in 2007?

[URL="http://www.washtimes.com/sports/20070321-125818-1305r.htm"]Redskins trade Archuleta*-*Sports*-*The Washington Times, America's Newspaper[/URL][/quote]

Hmm. I thought the June 1 exception only applied to guys who you are releasing, not to guys you're trading. The whole reason the June 1 exception went into place was to allow players the opportunity to jump into the free agent pool earlier so they have a better shot at catching on with a team in a decent situation. But if you're traded, you don't really get a say in what situation you're headed to, so it kind of defeats the whole spirit of the June 1 Exception rule.

Either way, though, the Skins would have Archuleta count $1.5 million this year, and $2.5 million next year under the Times' scenario. Under La Canfora's scenario, he'd count $4 million this year, and 0 next year. Either way I'm not getting my panties in a bunch one way or another. It's kind of splitting hairs; either way it still means Archuleta doesn't crush us with a huge cap hit.

I am more inclined to think he counts $4 million this year and 0 next year, based on my understanding of the June 1 rule. But in the end, whatever.

Re: The Archuleta cap hit question.
 

Why does everyone hate on CP! Im sick of hearing how great Ladell Betts is. He is just like Stephen Davis FUMBLE FUMBLE FUMBLE

Re: The Archuleta cap hit question.
 

[quote=Schneed10;289676]To update myself, it appears that I was correct in that post. Per the WP's article:



He counts $4 million against our 2007 cap instead of $9 million. He would have counted $2.4 million if he played for us in 2007. So trading him ate up $1.6 million in space.

This means we now have $8 million in space to work with right now. Given that rookies will fit in $3 - $4 million in space, there clearly is a plan in place to make another major move. Look for the Bly deal to go down soon.[/quote]
I hate this. I thought we saw the end of these type of moves.

Re: The Archuleta cap hit question.
 

[LEFT][B][FONT=Georgia][SIZE=3][QUOTE]
[B][FONT=Georgia][SIZE=3]'SKINS GAVE ARCHULETA A $500,000 PARTING GIFT [/SIZE][/FONT][/B]
[FONT=Georgia][SIZE=3]A league source tells us that the Redskins are paying a portion of the $5 million in guaranteed money that safety Adam Archuleta will receive under his new contract with the Bears.[/SIZE][/FONT]
[FONT=Georgia][SIZE=3]Archuleta was due to receive on Wednesday a $5 million option bonus, which was fully guaranteed by future salaries. So, in essence, the 'Skins paid out 10 percent of the amount in order to wipe the obligation off of the books.[/SIZE][/FONT]
[FONT=Georgia][SIZE=3]In return, the 'Skins got a sixth-round pick from the Bears. So Washington, in our view, came out of this thing as well as they could have, since they clearly had decided that it didn't make sense to pay starter money to two strong safeties.[/SIZE][/FONT]
[FONT=Georgia][SIZE=3]Of course, the 'Skins would have been wise to realize all of this a year ago, before committing $10 million in guaranteed money to Archuleta.[/SIZE][/FONT]
[/QUOTE]
[url=http://www.profootballtalk.com/rumormill.htm]ProFootballTalk.com -- The Best Pro Football Scoop on the Internet[/url]

So I guess this pushes the cap penalty up to $4.5 million.[/SIZE][/FONT][/B][/LEFT]

Re: The Archuleta cap hit question.
 

[quote=Mattyk72;289723]Portis isn't going anywhere for a variety of reasons. He's still a top back in this league, Gibbs loves him, and his cap hit would be tremendous at over $12M. Again, a retarded mock draft severely lacking any sense of reality.[/quote]
Don't forget his trade value is diminished because of his shoulder injury as well. It just wouldn't make sense to ditch an elite player without some serious reciprocity.

Anyone that suggests this is just flirting with possibility. Sure it [I]could[/I] happen, but in all likely hood, it wont. Mock drafts are pointless.

Re: The Archuleta cap hit question.
 

[quote=steveo395;290216]
[LEFT][B][SIZE=3][FONT=Georgia][URL="http://www.profootballtalk.com/rumormill.htm"]ProFootballTalk.com -- The Best Pro Football Scoop on the Internet[/URL][/FONT][/SIZE][/B][/LEFT]


[LEFT][SIZE=3][FONT=Georgia]So I guess this pushes the cap penalty up to $4.5 million.[/FONT][/SIZE][/LEFT]
[/quote]
meh. who cares.

the big news is that we're not screwed this year, or the next. I think we'll be landing a cb here shortly.

Re: The Archuleta cap hit question.
 

does all this mean that dre bly is on his way to washington?

Re: The Archuleta cap hit question.
 

I was listening to ESPN, now this was about a week or so ago, but they said we would take a $9million cap hit for the next two season, so $4.5million each season im guessing, this all could have changed though.

Re: The Archuleta cap hit question.
 

So whats the deal with Springs now?

Re: The Archuleta cap hit question.
 

[quote=HailttRedskins;290224]I was listening to ESPN, now this was about a week or so ago, but they said we would take a $9million cap hit for the next two season, so $4.5million each season im guessing, this all could have changed though.[/quote]

Wrong again, Flanders. ESPN is incorrect. Reread this thread. It explains it.