Redskins Salary Cap Status 2018
 

Credit for figures shown herein goes to OverTheCap.com

[B]Redskins Cap Space Entering 2018: $49.2M[/B]

Moves Recognized by OTC:[INDENT]Traded for Alex Smith: ($18.4M)
2nd Round Tender Ty Nsekhe: ($2.9M)
Resigned Mason Foster: ($1.4M)
Resigned Deshazor Everett: ($1.1)
Resigned Dustin Hopkins: ($1.4M)
Signed Paul Richardson: ($4.0M)
Resigned Zach Brown: ($2.7M)
Resigned Brian Quick: ($0.7M)
Signed Orlando Scandrick: ($2.6M)
[U]Impact of 9 Bumped out of Top 51: $4.9M[/U][/INDENT]Cap Space Reported by OTC: $18.9M

Additional Moves Yet to be Recognized by OTC:[INDENT]Signed Pernell McPhee: Estimated ($1.7M)
Traded Su'a Cravens: $0.3M
[U]Impact of 0 Bumped out of Top 51: $0.0M[/U][/INDENT][B]Estimated Current Cap Space: $17.5M[/B]

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190332]Credit for figures shown herein goes to OverTheCap.com

[B]Redskins Cap Space Entering 2018: $48.7M[/B]

Moves Recognized by OTC:[INDENT]Traded for Alex Smith: ($17.0M)
2nd Round Tender Ty Nsekhe: ($2.9M)
Resigned Mason Foster: ($1.4M)
[U]Impact of 3 Bumped out of Top 51: $1.65M[/U][/INDENT]Cap Space Reported by OTC: $29.0M

Additional Moves Yet to be Recognized by OTC:[INDENT]Resigned K Dustin Hopkins Estimated ($2.0M)
Signed WR Paul Richardson Estimated ($6.0M)
[U]Impact of 2 Bumped Out of Top 51: $1.1M[/U][/INDENT][B]Estimated Current Cap Space: $22.1M[/B][/quote]



How much does the team need in order to sign all picks though? Meaning are we done signing Fa's?

Re: Redskins Salary Cap Status 2018
 

Picks should take up approximately $3 - $4M. Other than the first rounder they don't make much, and certainly not much more than the 51st guy they're replacing.

I'd say the Skins will spend another $15M in cap space in free agency. We'll see if they buy somebody significant for the DL, or if they just bargain hunt the rest of the way.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190340]Picks should take up approximately $3 - $4M. Other than the first rounder they don't make much, and certainly not much more than the 51st guy they're replacing.

I'd say the Skins will spend another $15M in cap space in free agency. We'll see if they buy somebody significant for the DL, or if they just bargain hunt the rest of the way.[/quote]

Good info, thanks. I hope to see us sign a DL for sure but Idk what Wlkerson will ask for. 15M can still get a couple really good players.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190340]Picks should take up approximately $3 - $4M. Other than the first rounder they don't make much, and certainly not much more than the 51st guy they're replacing.

I'd say the Skins will spend another $15M in cap space in free agency. We'll see if they buy somebody significant for the DL, or if they just bargain hunt the rest of the way.[/quote]

Is there additional room to be had by restructuring?

Re: Redskins Salary Cap Status 2018
 

Thanks Schneed, I remember these before OTC, you always did an outstanding job, but it is nice to have their website available.

Skins are handling things well so far. I only hope Paul Richardson turns out better than the last 2 WR's I really wanted - Pryor and an Az guy who ended catching about 50% of what was thrown to him.

Re: Redskins Salary Cap Status 2018
 

Original post updated. I forgot Deshazor Everett. He's in OTC's numbers.

Re: Redskins Salary Cap Status 2018
 

[quote=CRedskinsRule;1190367]Thanks Schneed, I remember these before OTC, you always did an outstanding job, but it is nice to have their website available.

Skins are handling things well so far. I only hope Paul Richardson turns out better than the last 2 WR's I really wanted - Pryor and an Az guy who ended catching about 50% of what was thrown to him.[/quote]

Thank you. Back then I was using Crazy Canuck's cap numbers, who did yeoman's work keeping track all by his lonesome. I just analyzed them.

Crazy Canuck's cap sheets were the reason I found this site. Though I stayed so I could verbally abuse everybody.

:D

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190373]Thank you. Back then I was using Crazy Canuck's cap numbers, who did yeoman's work keeping track all by his lonesome. I just analyzed them.

Crazy Canuck's cap sheets were the reason I found this site. Though I stayed so I could verbally abuse everybody.

:D[/quote]

What happened to CC? Been a long time

Re: Redskins Salary Cap Status 2018
 

He's around. Doesn't post all that much. I love the man in a we've never met but share a salary cap bond kind of way.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190373]Thank you. Back then I was using Crazy Canuck's cap numbers, who did yeoman's work keeping track all by his lonesome. I just analyzed them.

Crazy Canuck's cap sheets were the reason I found this site. [B]Though I stayed so I could verbally abuse everybody.[/B]

:D[/quote]

Hah! :D

Re: Redskins Salary Cap Status 2018
 

[quote=Skinsfanatic;1190357]Is there additional room to be had by restructuring?[/quote]

Yeah that could be done if the team so chose. Norman, Trent, Kerrigan and Reed would be the targets if that were to be done. But the team really hasn't gone the restructure route since the days of Vinny.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190480]Yeah that could be done if the team so chose. Norman, Trent, Kerrigan and Reed would be the targets if that were to be done. But the team really hasn't gone the restructure route since the days of Vinny.[/quote]

Does this O/S and Free agency have any impact on BS contract situation? He is a top 10 Guard and will command a big pay day.

Re: Redskins Salary Cap Status 2018
 

[quote=skinsfaninok;1190503]Does this O/S and Free agency have any impact on BS contract situation? He is a top 10 Guard and will command a big pay day.[/quote]

Could you please rephrase your question? I don't know if it's all the acronyms or the vague descriptions but I'm not entirely clear what you're asking.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190520]Could you please rephrase your question? I don't know if it's all the acronyms or the vague descriptions but I'm not entirely clear what you're asking.[/quote]

[url=http://www.nbcsports.com/washington/redskins/need-know-norwells-contract-will-lead-big-payday-redskins-brandon-scherff]Need to Know: Norwell's contract will lead to a big payday for Redskins' Brandon Scherff | NBC Sports Washington[/url]

Basically I'm asking if this could have any impact on the rest of our spending in 2018?

Re: Redskins Salary Cap Status 2018
 

[quote=skinsfaninok;1190522][url=http://www.nbcsports.com/washington/redskins/need-know-norwells-contract-will-lead-big-payday-redskins-brandon-scherff]Need to Know: Norwell's contract will lead to a big payday for Redskins' Brandon Scherff | NBC Sports Washington[/url]

Basically I'm asking if this could have any impact on the rest of our spending in 2018?[/quote]

I see. Yeah Norwell getting that amount probably is a benchmark for Scherff. Norwell was 1st team All Pro last year, Scherff hasn't accomplished that yet. But suffice it to say Scherff will still be deserving of a contract in that general vicinity. Maybe $12M per season, maybe $13M. But whatever, pretty close.

2018 is the last year of Scherff's deal, but we can and probably will exercise his option for 2019. That means we'll need to get him under long term contract by 2020. The team has roughly $100M in cap space in 2020, so we can certainly afford it.

So all that said, no I do not think the Redskins will put the brakes on their free agent spending over the course of the next 3 weeks because they need to be sure they have room to pay Scherff. It's clear the team is in bargain hunting mode now, after having signed Richardson. So any player they get from between now and the draft is not likely to be a high dollar signing - I think they'll get maybe one or two mid tier guys and then a few bargain basement signings. Nothing that would restrict them from locking up Scherff.

Re: Redskins Salary Cap Status 2018
 

I imagine we will lock Scherff up along the lines of TW. Other than the fiasco with the old qb, our FO has been proactive and player friendly with players we want to keep.

I don't imagine we will have to adjust this FA plan at all for his extension next fall.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190524]I see. Yeah Norwell getting that amount probably is a benchmark for Scherff. Norwell was 1st team All Pro last year, Scherff hasn't accomplished that yet. But suffice it to say Scherff will still be deserving of a contract in that general vicinity. Maybe $12M per season, maybe $13M. But whatever, pretty close.

2018 is the last year of Scherff's deal, but we can and probably will exercise his option for 2019. That means we'll need to get him under long term contract by 2020. The team has roughly $100M in cap space in 2020, so we can certainly afford it.

So all that said, no I do not think the Redskins will put the brakes on their free agent spending over the course of the next 3 weeks because they need to be sure they have room to pay Scherff. It's clear the team is in bargain hunting mode now, after having signed Richardson. So any player they get from between now and the draft is not likely to be a high dollar signing - I think they'll get maybe one or two mid tier guys and then a few bargain basement signings. Nothing that would restrict them from locking up Scherff.[/quote]


Ok good deal, thanks for the info. I think we will sigh at least 2 more starters , DRC and hopefully POE. That way we can get a G and RB early.

Re: Redskins Salary Cap Status 2018
 

Overthecap down for anyone else LOL

Re: Redskins Salary Cap Status 2018
 

Any information on Zac Brown's cap number?

Re: Redskins Salary Cap Status 2018
 

I think they said 7M a year

Re: Redskins Salary Cap Status 2018
 

Original post is updated to reflect the resigning of Brian Quick and Zach Brown. Zach Brown's deal is said to be worth 3 years and UP TO $24M. I'm going to assume some of that is backloaded per typical and built into incentives, so preliminary estimated cap hit is 5 million.

Meanwhile Quick has to be close to veteran minimum coming off a year with 76 yards receiving.

Estimated remaining cap space is $17M.

Re: Redskins Salary Cap Status 2018
 

Original post is updated again to reflect the now known cap hit of Dustin Hopkins. He counts $1.4M this year, not the $2.0 I had estimated previously.

Cap space is now estimated at $17.8M.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190852]Original post is updated again to reflect the now known cap hit of Dustin Hopkins. He counts $1.4M this year, not the $2.0 I had estimated previously.

Cap space is now estimated at $17.8M.[/quote]

Thanks for the update

Re: Redskins Salary Cap Status 2018
 

according to OTC, Richardsons cap hit is $4m this season , if so that takes it a bit higher

Re: Redskins Salary Cap Status 2018
 

Thank you. The original post is updated. The Redskins gave Richardson a $10.0M signing bonus and kept his base salary low in the first year. So the $10.0M bonus counts $2M per year on the cap, plus his $1.5M base salary and a $500K roster bonus, it adds up to a cap hit of only $4.0M.

Schaffer and Allen have structured this in such a way that it intentionally keeps the cap hit low in this first year, which to me is a strong signal that they intend to add more players over the course of the next several weeks and really maximize the cap space they have, which now sits at $19.8M (estimated).

Richardson's cap hit goes up in future years, it will be 7.5M in 2019, 8M in 2020, and 10M in the years thereafter. But it is structured in such a way that the Redskins can cut him in 2020 and clear cap space if they so choose. This is essentially a 2 year commitment - albeit one that I think will go longer than just two years.

I read this as a master stroke by Shaffer, and a signal that the Skins are nowhere close to done in free agency, though they will be patient and let the market come to them.

Once I see the structure of Zach's contract we'll learn even more.

Re: Redskins Salary Cap Status 2018
 

Doug again made it clear that the team will solve the RB issues, so unless they go sign Murray or A.D it def looks like we will draft one in round 1 or 2.

Re: Redskins Salary Cap Status 2018
 

Big thanks to Schneed for putting this together, we all owe you a beer

Re: Redskins Salary Cap Status 2018
 

Cutting Hood and TJ Cummings will add about $3.5 million

Re: Redskins Salary Cap Status 2018
 

[IMG]https://i.pinimg.com/736x/40/a5/85/40a58597eb9d8b976927f6057a629952--drinking-memes-humor-beer-memes.jpg[/IMG]

Re: Redskins Salary Cap Status 2018
 

Happy to do it! Beer sounds pretty good on a Friday afternoon.

Re: Redskins Salary Cap Status 2018
 

[quote=Schneed10;1190961]Happy to do it! Beer sounds pretty good on a Friday afternoon.[/quote]

I'm more of a whiskey guy but It is FRIDAY!!

Re: Redskins Salary Cap Status 2018
 

Outstanding breakdown of Alex Smith's new contract is located [URL="https://www.hogshaven.com/2018/3/19/17138690/we-now-know-the-structure-of-alex-smiths-contract-with-the-redskins"]at this link[/URL].

I'm not going to reinvent the wheel, they describe it in perfect detail.

Smith's actual cap number in 2018 will be $18.4M, not the $17.0M as assumed previously (the capologists of the world had assumed his KC contract would simply carry over).

The original post is revised.

Re: Redskins Salary Cap Status 2018
 

Given those numbers and KC's numbers for the 3 years:
AS vs KC
18.4 vs 26
20.4 vs 28
21.4 vs 30

The skins saved about 8M/year at the qb position. That is probably our rookie pool plus a player over the next 3 years. With the CBA expiring after the 2020 season, it's almost impossible to predict how the cap will look like, or even if there will be a cap after the strike/lockout, and renegotiations occur.

Re: Redskins Salary Cap Status 2018
 

Original post updated to reflect signing of Orlando Scandrick, who signed for two years, $10M. For now, until I see a breakdown of the contract, I am assuming the cap hit in 2018 will be $4.5M.

Redskins cap space now stands at $14.3M estimated.

Re: Redskins Salary Cap Status 2018
 

John Keim:
Linebacker Zach Brown's contract includes a $4.5 million signing bonus and a $1 million base salary in 2018. In 2019, he has a $6.7 million base salary, with $4.5 million guaranteed for injury only. And his third year has a $7.5 million base salary. He has a roster bonus in 2017 up to $250,000; it goes up to 500,000 in each of the last two years. The Redskins could cut him after one year with only a $3 penalty -- that could be spread over two years with a post-June 1 release.

Re: Redskins Salary Cap Status 2018
 

[quote=MTK;1191187]John Keim:
Linebacker Zach Brown's contract includes a $4.5 million signing bonus and a $1 million base salary in 2018. In 2019, he has a $6.7 million base salary, with $4.5 million guaranteed for injury only. And his third year has a $7.5 million base salary. He has a roster bonus in 2017 up to $250,000; it goes up to 500,000 in each of the last two years. The Redskins could cut him after one year with only a $3 penalty -- that could be spread over two years with a post-June 1 release.[/quote]

I saw that too. I did the math on it, that adds up to only $21M. It's possible the other $3M is built into incentives somehow, and that's how you get to a total value of $24M as reported.

If that's the case, then Brown's cap hit in 2018 will be $2.75M, not $5.0M as I had estimated.

But I don't wanna mark it down as revised until I understand the structure on the incentives, or whatever else accounts for the rest of the reported $24M total value.

Re: Redskins Salary Cap Status 2018
 

Well that’s what it is, the other $3M is incentives- up to $1.0M in incentives each year. They’re considered not likey to be earned, so they don’t hit the cap books yet. OTC shows Brown at 2.7M now. Incredible.

The more I’m seeing, the more I feel like Bruce is feeling pressure to show some results now.

Original post updated again.

Re: Redskins Salary Cap Status 2018
 

Seems like they have enough for Hankins, hate to see them frugally lose out.

Re: Redskins Salary Cap Status 2018
 

Wow. Rediscovered this thread (for some reason it's kind of hidden on tapatalk...).

Anyway, thanks for this Schneed. This and your posts about the compensatory picks system, I'm learning quite a lot this offseason!

I saw Quick's cap hit is just above 700K.

I really love the fact we still have 13~15M available after Scandricks' deal.
Hope we can land Hankins and still have some cap space to carry over to next year for the guys we'll have to resign.