Salary Cap Status Update
 

My main man CrazyCanuck recently updated his cap sheets, which includes Chris Cooley's new contract extension. In that deal, Cooley has a roster bonus in the amount of $11 million due to him in 2008. When Peter King reported that we were $20 million over the cap, that included Cooley's large roster bonus, which counts entirely towards the team's 2008 cap figure. However, Snyder and Cerrato will certainly renegotiate this bonus into the form of a signing bonus, giving Cooley the same $11 million this March, but allowing the team to account for it differently and spread the cap hit over the life of Cooley's contract.

Long story short, the cap analysis I've been posting is now being updated, and gets significantly better in light of this recent update. Behold:

[quote]
I'm going to list the ways to get the cap number down. You can debate the merit of making certain moves on this list, but if we don't cut a certain player, you can bet we'd restructure them, which would also save some money.

[B][SIZE=3]Start: $20.4 million OVER cap[/SIZE][/B]

[B]Potential Roster Cuts:[/B]
Phillip Daniels - [B]$3.0 [/B]million saved
Mark Brunell - [B]$3.4[/B] million saved
Shawn Springs - [B]$2.5[/B] million saved
Pete Kendall - [B]$1.8[/B] million saved
Todd Wade - [B]$700K[/B] saved
[U][B]Total Savings for Cuts: $11.4 million[/B][/U]

[B]Keeping These Players, Restructuring 2008 Base Salary, Prorating over Remaining life of Contract:[/B]
Randy Thomas - $3.7 million saved
Clinton Portis - $3.2 million saved
Jon Jansen - $3.2 million saved
Chris Samuels - $2.8 million saved
Cornelius Griffin - $2.6 million saved
Santana Moss - $1.9 million saved
Casey Rabach - $1.4 million saved
[B][U]Total Salary Restructure Savings: $18.8 million[/U][/B]

[B]Keeping These Players, Restructuring 2008 Roster Bonuses, Prorating over Remaining life of Contract:[/B]
Ladell Betts - $1.7 million saved
Clinton Portis - $0.4 million saved
[SIZE=3]Chris Cooley - $9.2 million saved[/SIZE]
Andre Carter - $1.9 million saved
Antwaan Randle-El - $1.2 million saved
[B][U]Total Bonus Restructure Savings: $14.4 million[/U][/B]

[B][U][SIZE=3]Total Potential Cap Reductions: $44.6 million[/SIZE][/U][/B]

[B][U][SIZE=3]Maximum Cap Room for 2008: $24.2 million[/SIZE][/U][/B]
[/quote]

So this is all to say that the Skins are currently $20.4 million over the cap. By cutting players and restructuring contracts, they can clear up to $44.6 million in cap room. This would get us to a point where we'd have $24.2 million in cap space for 2008. That's if we decide to make every move, which we won't need to do if we don't want.

In light of this update, I hereby revise my position I've previously held suggesting that switching coaches was a bad idea from a cap standpoint. The team clearly has the capability to dramatically alter the roster this season if they so choose. Whether or not that's a good idea from a football perspective is entirely another matter. But the cap will not prohibit it from taking place.

Re: Salary Cap Status Update
 

Very nice and thanks for the update!

Re: Salary Cap Status Update
 

How much will the April draft picks affect us do you think?

Re: Salary Cap Status Update
 

[quote=killromo;414124]How much will the April draft picks affect us do you think?[/quote]

Last year our [URL="http://sports.espn.go.com/nfl/news/story?id=2862869"]rookie pool[/URL] was $3.4 million. The rookie pool is an allottment the NFL assigns to teams based on the number of picks they have, and where those picks are. Higher picks results in a higher rookie pool. Ultimately, you have to fit all your picks under the rookie pool. So our guys took up less than $3.4 million last year.

The average rookie pool last year for the 32 teams in the NFL was $4.27 million. This year, we pick 21st and we're missing a pick from the Kendall deal. You gotta figure the rookie pool will go up a little bit, so for the average team, I'd say it will be around $4.4 or $4.5 million. We'll get less than the average team because our picks are later than average (21st) and we're missing a pick. I'd predict our pool will be $4.0 million.

So we'll HAVE to keep them under $4.0. That's easy to do. Last year we had the 6th pick in Landry who got a big bonus, and we still managed to keep the rookies under $3.0 million. Rookies don't have a big impact on your cap - that's why it makes so much sense to build through the draft!

Re: Salary Cap Status Update
 

Schneed, some have mentioned the possiblity of cutting guys like Jansen and Thomas. You have them here being restructured and to me it seems like it would make more sense to do that. But my questions is, what would the cap hit be if we cut both of them? More importantly, doesn't it make more sense to restructure them than to cut them?

Re: Salary Cap Status Update
 

[quote=Redskins_P;414130]Schneed, some have mentioned the possiblity of cutting guys like Jansen and Thomas. You have them here being restructured and to me it seems like it would make more sense to do that. But my questions is, what would the cap hit be if we cut both of them? More importantly, doesn't it make more sense to restructure them than to cut them?[/quote]

Good question. I can't for the life of me figure out why anybody would think it's a good idea to cut either Jansen or Thomas. I guess they're scared that they'll never be the same players again. Or maybe they just assume all older players are on the chopping block after missing a season with serious injury. Either way, makes no sense.

Cutting Jansen would COST us $1.8 million in 2008 cap space.

Cutting Thomas would COST us $3.6 million in 2008 cap space.

Re: Salary Cap Status Update
 

[quote=Redskins_P;414130]Schneed, some have mentioned the possiblity of cutting guys like Jansen and Thomas. You have them here being restructured and to me it seems like it would make more sense to do that. But my questions is, what would the cap hit be if we cut both of them? More importantly, doesn't it make more sense to restructure them than to cut them?[/quote]Roughly a 4 million dollar hit to release Thomas, and roughly 2 million to release Jansen.

In my opinion: it makes sense to restructure Thomas and just leave Jansen's contract as it is. My reasoning: Thomas is more of a lock to play out his contract here than Jansen is. Thomas is under contract for 5 more seasons and likely will play 4 of them. Jansen is under contract for 4 more seasons, and we might be able to squeeze two out of him.

Schneed may have a different interpretation though.

Re: Salary Cap Status Update
 

Thanks Schneed.

And I agree. We should keep them both. Draft some young'ins, and let Buges groom bring them in slowly. I can't see both Jansen and Thomas being here longer than 3 more years.


*Edit -- Thanks both Schneed and Gtripp.

Re: Salary Cap Status Update
 

[quote=Schneed10;414113]My main man CrazyCanuck recently updated his cap sheets, which includes Chris Cooley's new contract extension. In that deal, Cooley has a roster bonus in the amount of $11 million due to him in 2008. When Peter King reported that we were $20 million over the cap, that included Cooley's large roster bonus, which counts entirely towards the team's 2008 cap figure. However, Snyder and Cerrato will certainly renegotiate this bonus into the form of a signing bonus, giving Cooley the same $11 million this March, but allowing the team to account for it differently and spread the cap hit over the life of Cooley's contract.

Long story short, the cap analysis I've been posting is now being updated, and gets significantly better in light of this recent update. Behold:



So this is all to say that the Skins are currently $20.4 million over the cap. By cutting players and restructuring contracts, they can clear up to $43 million in cap room. This would get us to a point where we'd have $22.6 million in cap space for 2008. That's if we decide to make every move, which we won't need to do if we don't want.

In light of this update, I hereby revise my position I've previously held suggesting that switching coaches was a bad idea from a cap standpoint. The team clearly has the capability to dramatically alter the roster this season if they so choose. Whether or not that's a good idea from a football perspective is entirely another matter. But the cap will not prohibit it from taking place.[/quote]You should add Wade and Springs to your potential cut list.

I would add Kendall too since he will be 35 has no release fee, even though we both expect him to be back.

Re: Salary Cap Status Update
 

Well done guys.

Re: Salary Cap Status Update
 

[quote=GTripp0012;414135]Roughly a 4 million dollar hit to release Thomas, and roughly 2 million to release Jansen.

In my opinion: it makes sense to restructure Thomas and just leave Jansen's contract as it is. My reasoning: Thomas is more of a lock to play out his contract here than Jansen is. Thomas is under contract for 5 more seasons and likely will play 4 of them. Jansen is under contract for 4 more seasons, and we might be able to squeeze two out of him.

Schneed may have a different interpretation though.[/quote]

I would agree actually. With Jansen you have the ability to save $3.7 million by restructuring him, but like you said it would kick a lot of cap money down the road. Given the amount of space we'll have after making other moves, this one probably doesn't make sense to make. After all, you've got Heyer on the roster. Nobody's really sure yet how good that kid is, he performed decently enough this season, but he needed a lot of help. So you kind of need another year to see what he can become. You don't want to committ to Jansen in 2010 yet, because if Heyer can improve in 2009, then maybe he becomes your starter in 2010. And if Heyer doesn't step up, then you still have Jansen in 2010 if you still want him. Or you can cut Jansen in 2010 and save tons of cap space, allowing you to go out and replace him with the best available RT.

Basically, by not restructuring Jansen, it allows the team more financial flexibility at that position in 2009 and 2010.

Thomas, in my opinion, is the best lineman we have. I'd committ to him until he's 45. Did I mention I heart Randy Thomas?

Re: Salary Cap Status Update
 

[quote=Schneed10;414142]Thomas, in my opinion, is the best lineman we have. I'd committ to him until he's 45. Did I mention I heart Randy Thomas?[/quote]A few times, yeah.

Re: Salary Cap Status Update
 

[quote=GTripp0012;414137]You should add Wade and Springs to your potential cut list.

I would add Kendall too since he will be 35 has no release fee, even though we both expect him to be back.[/quote]

Good looking out, I updated it.

I would keep Springs, but yeah, you never know. This at least shows the potential for generating cap room. We'll see which moves the team chooses to make.

Re: Salary Cap Status Update
 

Nice work!

The #s both scare & excite me. On the scary side, I fear that Mooch (I hope) or whoever will want to make some major roster changes w/cuts & Danny's checkbook. On the exciting side, I think acquiring no more than 2 starters in free agency as we did this past year, looks very promising.

Has anyone run any #s on the impact of JC et al re-signing? Other than him, Golston, Montgomery & Heyer are the only guys I can see as potentially signing new deals this offseason. Even of that group, it only seems possible for MOntgomery this year.

Re: Salary Cap Status Update
 

One thing I think is really good over the front office reorganization is that it puts authoritative power over cap issues back where it belongs, out of the hands of the coaches. It's much easier to task a fiscally responsible policy when you don't have head coaches blank checking players like Archuleta and Lloyd.

Re: Salary Cap Status Update
 

[quote=GTripp0012;414156]One thing I think is really good over the front office reorganization is that it puts authoritative power over cap issues back where it belongs, out of the hands of the coaches. It's much easier to task a fiscally responsible policy when you don't have head coaches blank checking players like Archuleta and Lloyd.[/quote]

Speaking of which what will cutting Lloyd do to that $27.6 (under) number?

Re: Salary Cap Status Update
 

[quote=WillH;414174]Speaking of which what will cutting Lloyd do to that $27.6 (under) number?[/quote]


I wonder if cutting Lloyd is actually a guarantee now that we have a new coaching staff?

Re: Salary Cap Status Update
 

[quote=WillH;414174]Speaking of which what will cutting Lloyd do to that $27.6 (under) number?[/quote]

Cutting Lloyd would cost us $2.9 million in 2008 cap space.

So if we did make every one of those moves and get all the way to $27.6 under the cap (won't happen but let's go with it), then cutting Lloyd would leave us with $24.7 million in space.

Re: Salary Cap Status Update
 

Good post. Don't cut Springs for me.

All else looks good.

Re: Salary Cap Status Update
 

why cut Todd Wade at 700k?

Re: Salary Cap Status Update
 

[quote=dcweldon;414212]why cut Todd Wade at 700k?[/quote]

We certainly wouldn't have to. It's hard to say what the new regime will do. They may have different opinions of the players.

Wade struggled with some injury this past season, but also got totally owned at other times.

Re: Salary Cap Status Update
 

Nicely broke down. You should work for the organization.

Re: Salary Cap Status Update
 

Great work as always Schneed.

- For Cooley, PCinOz's site also lists him at an $11M roster bonus this year. This doesn't make much sense and the Skins will almost certainly convert the $11M into a signing bonus and spread it over the life of his deal. The info I had previously seen had his bonus broken down into two $7M signing bonuses, one in 2007, one in 2008. This makes a lot more sense so I've left my sheets intact with the two $7M signing bonuses.

- In your salary restructuring part your numbers are a little off. Keep in mind that you cannot prorate the entire salary since the player must still earn at least the league minimum for his years of service. So for Jansen for instance his 2008 salary is $5M. The min salary he can make is $720K but let's call it $1M to keep it simple. So $5M - $1M = $4M of base salary that can be prorated. There's 4 years left on his deal (including 2008), so the $4M gets spread over 4 years at $1M per year. This results in a net savings of $3M for 2008. Sorry to nitpick Schneedster.

- I've been thinking a lot about Jansen and Thomas too. I agree with your assessment that cutting them doesn't make much sense. I think they're both here for at least 2 more years assuming they can still play. But I think they warrant discussion since they represent our 2nd and 3rd largest cap hits and over $16M of cap space. This for 2 guys who hardly played this year, and in Jansen's case, an average lineman even when he does play. Don't get me wrong, I like both players a lot and our O-line can use all the help it can get. But I've been hard on Samuels for years cuz of his cap number and I think Jansen and Thomas deserve the same scrutiny.

- As for Kendall I see no reason to cut him. Yes his release fee is very small but so is his cap number (relatively). I thought he did a great job for us this year and helped save our season after all the injuries to our line. His 2008 cap hit is only $2.5M and he'll be playing for a new contract so I see no reason to let him go.

- I wanted to congratulate Brandon Lloyd on officially being the ugliest contract on our books. This coveted award has been held by the likes of Deion, Lavar, and most recently Archuleta. Though I'd love to cut him, his release fee is so high that the best solution is probably to keep him around one more year and see if we can get anything productive out of this guy.

Re: Salary Cap Status Update
 

[quote=CrazyCanuck;414386]- I wanted to congratulate Brandon Lloyd on officially being the ugliest contract on our books. This coveted award has been held by the likes of Deion, Lavar, and most recently Archuleta. Though I'd love to cut him, his release fee is so high that the best solution is probably to keep him around one more year and see if we can get anything productive out of this guy.[/quote]I disagree. If we put the 3 million into dead cap for this season on Lloyd, it takes him off the books entirely for the remaining 4 years of his deal. That would be the most beneficial way to deal with him.

Re: Salary Cap Status Update
 

[QUOTE=GTripp0012;414395]I disagree. If we put the 3 million into dead cap for this season on Lloyd, it takes him off the books entirely for the remaining 4 years of his deal. That would be the most beneficial way to deal with him.[/QUOTE]

There are 2 ways to cut Lloyd:

1. Cut him right away. This would give us a deadcap hit of $7.2M for 2008.

2. Cut him post June 2008. This would give us a deadcap hit of $1.8M in 2008 and a deadcap hit of $5.3M in 2009. The net savings to our 2008 cap would be $2.4M.

After further review I think a post June 2008 cut probably makes the most sense. The big reason is that Lloyd is due a $1.8M roster bonus in 2008 and I can't see Mr. Snyder cutting that check. So if I had to guess I'd say the Skins cut Lloyd soon and designate him a June release.

Re: Salary Cap Status Update
 

[quote=CrazyCanuck;414386]
- For Cooley, PCinOz's site also lists him at an $11M roster bonus this year. This doesn't make much sense and the Skins will almost certainly convert the $11M into a signing bonus and spread it over the life of his deal. The info I had previously seen had his bonus broken down into two $7M signing bonuses, one in 2007, one in 2008. This makes a lot more sense so I've left my sheets intact with the two $7M signing bonuses.[/quote]

Yeah I found the roster bonus structure pretty odd myself. Perhaps the team put $11 million in the form of roster bonus because putting too much of a signing bonus up front would have put the team over the 2007 cap? I can't remember what the numbers were.

Either way though, if you put the Cooley number back, we start at $14 million over the cap instead of P King's quoted $20 million.

[quote=CrazyCanuck;414386]- In your salary restructuring part your numbers are a little off. Keep in mind that you cannot prorate the entire salary since the player must still earn at least the league minimum for his years of service. So for Jansen for instance his 2008 salary is $5M. The min salary he can make is $720K but let's call it $1M to keep it simple. So $5M - $1M = $4M of base salary that can be prorated. There's 4 years left on his deal (including 2008), so the $4M gets spread over 4 years at $1M per year. This results in a net savings of $3M for 2008. Sorry to nitpick Schneedster.[/quote]

That's definitely not a nitpick, that'd make a difference in the numbers. I tried to account for that, but maybe I have to go back and check. Looking at Griffin, he's got a base salary of $4.2 million in 2008. Figure you take $3.5 million of that and spread it over the life of the deal (4 years including '08) as signing bonus, so the hit on the bonus is $875K. Then layer back in the $700K in base salary. So $875 + $700K comes to approximately $1.6 million. So the hit on his salary drops from $4.2 million to $1.6 million, which is a savings of $2.8 million. So I guess I accounted for it in his case, but I'll go back and check the other guys though to be sure I did that right for all of them.

[quote=CrazyCanuck;414386]- As for Kendall I see no reason to cut him. Yes his release fee is very small but so is his cap number (relatively). I thought he did a great job for us this year and helped save our season after all the injuries to our line. His 2008 cap hit is only $2.5M and he'll be playing for a new contract so I see no reason to let him go.[/quote]

Yeah I'd agree. Cutting Kendall would make no sense given that we don't have a viable starting G behind him.

[quote=CrazyCanuck;414386]- I wanted to congratulate Brandon Lloyd on officially being the ugliest contract on our books. This coveted award has been held by the likes of Deion, Lavar, and most recently Archuleta. Though I'd love to cut him, his release fee is so high that the best solution is probably to keep him around one more year and see if we can get anything productive out of this guy.[/quote]

Once again, agreed (*Sigh*). I sigh because I hate his effing guts.

PS Thanks for the good work on the cap sheets. You're my hero.

Re: Salary Cap Status Update
 

[QUOTE=Schneed10;414439]Yeah I found the roster bonus structure pretty odd myself. Perhaps the team put $11 million in the form of roster bonus because putting too much of a signing bonus up front would have put the team over the 2007 cap? I can't remember what the numbers were.[/QUOTE]

I have a feeling it was set up that way to account for the Deion rule. This rule basically says you can only have so much signing bonus as a percentage of the total contract value, limiting the amount of money you can push to the future. Perhaps by setting the $11M as a roster bonus, they can restructure it without violating the Deion rule.

[QUOTE=Schneed10;414439]That's definitely not a nitpick, that'd make a difference in the numbers. I tried to account for that, but maybe I have to go back and check. Looking at Griffin, he's got a base salary of $4.2 million in 2008. Figure you take $3.5 million of that and spread it over the life of the deal (4 years including '08) as signing bonus, so the hit on the bonus is $875K. Then layer back in the $700K in base salary. So $875 + $700K comes to approximately $1.6 million. So the hit on his salary drops from $4.2 million to $1.6 million, which is a savings of $2.8 million. So I guess I accounted for it in his case, but I'll go back and check the other guys though to be sure I did that right for all of them.[/QUOTE]

The numbers above are right on, maybe you just forgot on a couple guys. Either way it's a negligible difference and doesn't affect the discussion.

EDIT: "So the hit on his salary drops from $4.2 million to $1.6 million, which is a savings of $2.8 million." It's actually a savings of $2.6 million. :)

Re: Salary Cap Status Update
 

[quote=CrazyCanuck;414460]I have a feeling it was set up that way to account for the Deion rule. This rule basically says you can only have so much signing bonus as a percentage of the total contract value, limiting the amount of money you can push to the future. Perhaps by setting the $11M as a roster bonus, they can restructure it without violating the Deion rule.



The numbers above are right on, maybe you just forgot on a couple guys. Either way it's a negligible difference and doesn't affect the discussion.[/quote]


thats good to know, thanks for the info. Salary in the NFl is so flexible. Snyder keeps us otu of trouble by giving guaranteed money. its amazing how many different ways you could give someone 10 million over 4 years between signing bonuses, workout bonuses, roster bonuses...

anyone think they will ever be more strict about salary? do something like in basketball where rookies salaries are capped for teh first four years? make it so you have to honor teh contract as a player and as an owner, you cant just cut someone and not pay them. theres no point to long term deals in the nfl. we restructure so many salaries every year

Re: Salary Cap Status Update
 

Schneed - isn't Sean Taylor's cap hit also in 2008?

Re: Salary Cap Status Update
 

[QUOTE=Bill B;414464]Schneed - isn't Sean Taylor's cap hit also in 2008?[/QUOTE]

Yes he represents $2.1M of our deadcap amount.

Re: Salary Cap Status Update
 

[quote=CrazyCanuck;414460]EDIT: "So the hit on his salary drops from $4.2 million to $1.6 million, which is a savings of $2.8 million." It's actually a savings of $2.6 million. :)[/quote]

LOL Me good at math.

Re: Salary Cap Status Update
 

[quote=Schneed10;414185]Cutting Lloyd would cost us $2.9 million in 2008 cap space.

So if we did make every one of those moves and get all the way to $27.6 under the cap (won't happen but let's go with it), then cutting Lloyd would leave us with $24.7 million in space.[/quote]


So your saying the Skins won't make all the moves you think need to be made?

Re: Salary Cap Status Update
 

[quote=Giantone;414475]So your saying the Skins won't make all the moves you think need to be made?[/quote]

No.

The first post in this thread says:

[QUOTE]I'm going to list the ways to get the cap number down. You can debate the merit of making certain moves on this list, but if we don't cut a certain player, you can bet we'd restructure them, which would also save some money.[/QUOTE]

In other words, it's a list of all the ways to reduce this year's cap figure. It shows that we can get as much as $27.4 million under the cap, if we make all the moves. However, we could make only some of the moves and get to $20 million under the cap. Or even fewer of the moves, and get to $15 million. Or even fewer of the moves, and get to $10 million. The options are limitless.

The purpose of the thread was to show that when writers like Peter King, who aren't trained in accounting and who say we're headed for cap hell, that they don't know what they're talking about.

Re: Salary Cap Status Update
 

[quote=Schneed10;414482]No.

The first post in this thread says:



In other words, it's a list of all the ways to reduce this year's cap figure. It shows that we can get as much as $27.4 million under the cap, if we make all the moves. However, we could make only some of the moves and get to $20 million under the cap. Or even fewer of the moves, and get to $15 million. Or even fewer of the moves, and get to $10 million. The options are limitless.

The purpose of the thread was to show that when writers like Peter King, who aren't trained in accounting and who say we're headed for cap hell, that they don't know what they're talking about.[/quote]


OK, if the moves are as easy as you say ,then why don't other teams in the NFL do the samething as the Skins.My question does what they(the Skins) do with the Cap reflect to what happens on the field of play?

Re: Salary Cap Status Update
 

[quote=CrazyCanuck;414460]The numbers above are right on, maybe you just forgot on a couple guys. Either way it's a negligible difference and doesn't affect the discussion.
[/quote]

Updated to incorporate these changes. Thanks for the catch CC!

Re: Salary Cap Status Update
 

[quote=Giantone;414489]OK, if the moves are as easy as you say ,then why don't other teams in the NFL do the samething as the Skins.My question does what they(the Skins) do with the Cap reflect to what happens on the field of play?[/quote]

Question 1, other teams don't do it because either they build through the draft and hence never find themselves over the cap in the first place, or they don't have the cash on hand to hand out big signing bonuses each season. There's an advantage to being one of the most highly valued franchises in sports. But all teams can do the exact same thing if they chose.

Question 2, cap management does not reflect what they do on the field of play. But it does allow them to keep core players together, even when supposed "experts" say the team will have to break up.

Re: Salary Cap Status Update
 

[quote=Giantone;414489]OK, if the moves are as easy as you say ,then why don't other teams in the NFL do the samething as the Skins.My question does what they(the Skins) do with the Cap reflect to what happens on the field of play?[/quote]

Since you're a non-believer, would you like to place a bet that the Skins will not have to dismantle their team because they're $20 million over the cap?

I'll gladly take you up on any bet you want. I'll take a picture of myself wearing a Redskins cheerleader outfit while bending over taking it up the rear by a dildo that says NYG on it, if you want. Care to reciprocate?

Re: Salary Cap Status Update
 

[quote=Schneed10;414501]Since you're a non-believer, would you like to place a bet that the Skins will not have to dismantle their team because they're $20 million over the cap?

I'll gladly take you up on any bet you want. I'll take a picture of myself wearing a Redskins cheerleader outfit while bending over taking it up the rear by a dildo that says NYG on it, if you want. Care to reciprocate?[/quote]


Nope I want the bet to mean something,not something you do at home every night.:headbange

Re: Salary Cap Status Update
 

[quote=Giantone;414506]Nope I want the bet to mean something,not something you do at home every night.:headbange[/quote]

Touche.

But go ahead, name it. I'll agree to whatever you want. Five thousand dollars, an embarassing photo, posting pictures of the naked wife, you name it you got it. Let's see you put your money where your mouth is, since you know so much about it. What say you?

Re: Salary Cap Status Update
 

[quote=CrazyCanuck;414472]Yes he represents $2.1M of our deadcap amount.[/quote]

Thanks for the update Crazy Canuck.