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What can the Redskins really afford?

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Old 02-27-2008, 12:25 AM   #1
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What can the Redskins really afford?

Thanks to our cap experts (good job guys) we know that the Redskins are looking at having a 10 mil. cap room. With that amount of cap space, what can the team really afford? Would this be enough to sign all of our picks and free agents? Many people see Briggs coming here, others scream for Chad Johnson (completely unrealistic). Would 10 mil under the cap allow us to go after a big time free agents? Any insights on this?
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Old 02-27-2008, 12:35 AM   #2
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Re: What can the Redskins really afford?

I think the Florence + Hacket combo will be fine. If anything I would like to save some cap space for next year just in case the Hacket thing doesn't work out, that way we can make an attempt to sign Roy Williams instead of trading a 2nd rounder for him.

However if there was another Free Agent I would like to go after it'd probably be Justin Smiley. Though I doubt they'll consider him, I like the fact that he's young and was part of the line that helped Frank Gore reach the Pro Bowl 2 years ago. Also he was highly regarded coming out of college, and ESPN rated him 2 points below Randy Thomas.

In the mean time I'll hold on to my pipe dream where somehow-someway we get Brandon Albert in the draft.
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Old 02-27-2008, 12:39 AM   #3
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Re: What can the Redskins really afford?

No clue really, all depends on how many contracts we rework and things of that nature.
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Old 02-27-2008, 12:42 AM   #4
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Re: What can the Redskins really afford?

washingtonpost.com

It appears that they are reworking Santana Moss' contract, and this article mentions there are more renegotiations that could happen. Hopefully they can increase that cap space.
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Old 02-27-2008, 02:25 AM   #5
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Re: What can the Redskins really afford?

we can afford an awful lot if we need it, but you can't push the future cap hit too high before a new cba or you'll be royally screwed.

unless chad johnson or roy williams is available, i don't think we'll be handing out a major contract this year. hackett shouldn't be excessively expensive.
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Old 02-27-2008, 12:40 PM   #6
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Re: What can the Redskins really afford?

I really don't see us going after any big fish at this point, including Briggs.
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Old 02-27-2008, 12:43 PM   #7
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Re: What can the Redskins really afford?

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Originally Posted by Mattyk72 View Post
I really don't see us going after any big fish at this point, including Briggs.
Yeah but we do need a LB. We're only solid in the midddle b/c injuries. Mitchell from NY looks good but I guess we're going to draft at LB if no FA lands.
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Old 02-27-2008, 12:57 PM   #8
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Re: What can the Redskins really afford?

Yeah we could use some LB depth but I don't see Briggs in the picture.
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Old 02-27-2008, 01:17 PM   #9
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Re: What can the Redskins really afford?

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Originally Posted by QBall View Post
Yeah but we do need a LB. We're only solid in the midddle b/c injuries. Mitchell from NY looks good but I guess we're going to draft at LB if no FA lands.

Mitchell was a starter for the SB champs he will want starters money
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Old 02-27-2008, 01:45 PM   #10
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Re: What can the Redskins really afford?

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we can afford an awful lot if we need it, but you can't push the future cap hit too high before a new cba or you'll be royally screwed.

unless chad johnson or roy williams is available, i don't think we'll be handing out a major contract this year. hackett shouldn't be excessively expensive.
ESPN reported that J.Jones told the Dallas Morning News that the owners will opt out of the cba in November, if so we'd have a repeat of spring 06, that offseason we were looking at major cuts if the cba wasn't agreed to.

Maybe the Danny is already preparing for this & getting his $ ready for the 2011 capless season.
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Old 02-27-2008, 02:02 PM   #11
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Re: What can the Redskins really afford?

Given that Lloyd was a post-June 1 move, we could easily clear up to $15 million in cap room. So if we really wanted, we could be major players in free agency.

But Vinny said we won't, and I believe him.

We may choose not to restructure quite so many contracts and clear up to $15 million in room. Vinny may be comfortable just clearing $7 million or so.

Who knows what they're going to do. But the bottom line is we can clear enough room to go on a gigantic shopping spree if we wanted. We could get Briggs, trade for CJ, and sign a few more guys if we wanted.

But again, I expect Vinny to be true to his word, I think we'll sign just one or two, trade for one or two, and be done.
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Old 02-27-2008, 02:04 PM   #12
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Re: What can the Redskins really afford?

Schneed,

Why is the WP article about Lloyd's release stating that Lloyd will be treated as a 6/1/08 cut, but we won't realize any additional cap space until June 1?
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Old 02-27-2008, 02:10 PM   #13
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Re: What can the Redskins really afford?

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Schneed,

Why is the WP article about Lloyd's release stating that Lloyd will be treated as a 6/1/08 cut, but we won't realize any additional cap space until June 1?
June 1 is the day that the NFL's fiscal year rolls forward. It used to be that if you cut a guy after June 1, you pushed most of his deadcap hit until the next season as opposed to the upcoming one.

So before the new CBA was signed, you saw teams cutting a bunch of guys for cap reasons on June 1, in order to save space in the current year and push the deadcap hit into the next year. It worked well for the NFL teams, but the players didn't like this because by the time June 1 rolls around, the NFL has gone through free agency and the draft, so teams have already had a chance to address their roster needs. It left the June 1 cuts without many options.

So the new CBA stipulated that teams could still reap the same salary cap benefits with post-June 1 cuts, and at the same time release the player earlier in order to give him a fighting chance to catch on with another team.

So in short, even though Lloyd was released yesterday, for salary cap accounting purposes he remains on the roster until June 1 2008. So even though he's gone, we don't see the cap benefit until June 1.
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Old 02-27-2008, 02:56 PM   #14
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Re: What can the Redskins really afford?

Here is the applicable clause from the CBA:

June 1 – Clubs may select up to two players each year who may be released before June 1 to sign with another club, but whose salary cap amount is still carried with the prior club until June 1 (such salary cap amount shall not reflect any renegotiation of the player’s contract that occurred after the last regular season game of the prior season).

http://www.nflpa.org/pdfs/CBA/2006_C...Term_Sheet.pdf

Essentially, the June 1 exemption is primarily a benefit the players by allowing them to due enter the FA market before offers dried up. It does allow teams to avoid roster bonuses. Also, if it was done differently, the teams could gain something of a competitive advantage b/c they would, essentially be able to spread the cap savings over more than 2 years. While it would only be by a few months, the months in question would be extremely important b/c they would include the opening of FA biddig.

What I don't know is the effect of post-cut, pre-June 1st roster bonuses. Since the player doesn't collect them, is the salary cap hit figured without them? Or, b/c the roster bonuses are contractually effective prior to June 1, are they figured into the cap hit even if not actually collected?

Since post-season renogotiations are essentially voided by a June 1 designation -it seems to me that the June 1 designation was intended to hold teams to their contractually created salary cap plans, even if the players being cut no longer benefits from those plans. If true, that would seem to me to indicate that uncollected roster bonuses would be included in calculating the salary cap hit of a June 1 designation cut.
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Old 02-27-2008, 03:03 PM   #15
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Re: What can the Redskins really afford?

I'd love to see us pursue the cornerback from San Diego and Hackett from Seattle in free agency to build depth at those positions, plus a veteran interior offensive lineman.

I think we can then really focus on using the draft to find potential starters for our front defensive seven and a long-term solution at guard.
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