Cap Implications of Josh Norman

[Schneed10]

Whenever a huge deal is signed like this the fan base is right to be concerned about the impact on the salary cap and our ability to retain our own players. But there's almost no information out there, so all you get is consternation and fear. I'm in corporate finance and understand how the salary cap works, so I can help. Here in this thread I'm going to put a series of posts addressing this:

A) How much cap room do we have in 2017 as things stand today, including an estimate for Norman

B) Which players are included on that roster, where are the holes

C) Estimate how much it will cost to resign our own

D) Estimate the cap room after resigning our own

I'll continue adding posts here. Stay tuned.

2017 Cap Space

2016 NFL Salary Cap: $155.3M
Projected 5% Increase (conservative): $7.8M
2017 Projected NFL Salary Cap: $163.1M

2017 Redskins Cap Total: $107.0M
Assumed 2017 Cap Hit, Josh Norman: $13M
2017 Redskins Cap Total with Norman: $120M

Projected 2017 Cap Space: $43.1M