Quote:
Originally Posted by Bill B
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?
Redskins trade Archuleta*-*Sports*-*The Washington Times, America's Newspaper
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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.