Sean Taylor Cap Ramifications

[rypper11]

Unfortunately, it is treated by the NFL as any career ending injury. As horrible as it sounds, officially he will be put on the PUP list for the rest of this year.

[Joe Ribbs BBQ]

can we put this thread away for now..... come back to it in a few weeks after the shock has gone away....I myself am still in that disbelief stage....

[BrudLee]

I believe the league's policy would be to treat the next year as though he had been released. That would mean a $+ million cap hit in 2008, unless the league granted some relief, or monies were repaid. I can't imagine the team would go after money from Taylor's fiancee and 18 month old daughter, so I'll just feel dirty for typing this.

[Grieving #21]

F*** football right now! send the money to his poor girl friend and daughter....i dont want to watch any more football this year. We should grant relief to the players and let them all go home for the season and give time to process. Imagine if we are crying and we didnt even know him, think of how this is effecting his team and friends!

[GTripp0012]

I think we can all feel utterly terrible about ST and still continue to talk Redskin football. This is The Warpath after all, there isn't going to be any new developments for Sean, so at some point the topic of conversation is going to have to move beyond this tragedy, and on to it's ramifications.

[mredskins]

I think right now there are a lot of new people on this sight and they are venting there sadness/ fustration in the wrong thread. We all care here this is just one aspect. Good lord!

[724Skinsfan]

I agree, this isn't a tasteless thread. A bit early for some but it's a classic "Don't read it if you don't like it" thread. It seems like an honest question, not one in which Bill B is rejoicing with some newfound money. If it's too early for you skip it and read it when you're okay with it.

[Hijinx]

Frankly is won't matter for another 4 or5 months. So why bring this up now?

[Schneed10]

I have no problem with asking or answering this question. If you're grieving and don't want to deal with this right now, that's your personal way of dealing with death. If you're wondering on the logistics while at the same time grieving, then that's your personal way of dealing.

No way is right or wrong, it's all personal, so let's lay off each other.

My understanding is that this is the equivalent of someone going on IR, or PUP, for the rest of the season. This means we continue to carry him on our books this year. Meaning there is no hit to the cap in 2007.

But in 2008 we'll effectively be releasing him from our roster. He was scheduled to count $1.9 million against our 2008 cap. Now his bonuses will accelerate, and he'll count $4.2 million instead. So essentially, we take a cap hit of $2.3 million in 2008. Unless the league gives us relief or something.

I'm still crying periodically today, having a tough time with this. But there's nothing wrong with asking a legit question on logistics.

[calia]

With all due respect, I completely disagree -- I do think there is a time for this discussion, and now is not the time. if anyone on this site had a family member die, I'd expect you'd not want to launch into a discussion about the finanacial implications of the loss within 24 hours. Do you really think it is defensible to have a thread about the cap implications within hours after Sean's death? If your answer is yes, how comfortable would you feel defending that response to a member of the Redskins? I can see way to a "don't read if you don't like it" response to another thread about Brandon Lloyd (which we're all sick about), but this is beyond the pale.

I was saying to someone this morning that it is hard to find a silver lining in any of this, but if there is something, it may be that it causes us all to realize that there are more important things that winning or losing on Sundays in the fall. The Post article about the vigil last night reinforced this, as have ALL of the comments by Sean's teammates and the Redskins organization. I have been a Redskins fan for over 30 years, but I can put that allegiance on hold for a while out of respect by a man who gave a lot to his team, who turned his life around by all accounts, and out of respect for his family and teammates. It is a sad day indeed if others are unable to do so.

[skinsfan69]

I'm not going to attack anyone. But the cap is the last thing on my mind today. I just don't give a damn and I'm not sure how anyone else could give a damn. The guy just died and people want to talk about the cap???????????????????????????????????????? Sigh.........................

[Stacks42]

I just hope the Redskins (players,coaches, and organization) makes sure that his daughter and GF/fiancee never want for anything.

[irish]

Originally Posted by Stacks42

I just hope the Redskins (players,coaches, and organization) makes sure that his daughter and GF/fiancee never want for anything.

To be honest I dont think that the Redskin's job. That's why people have wills. I sure hope ST had a will/trust/whatever to make sure that the millions of dollars he made playing professional football would go to help provide for his daughter's future and anyone else he wanted his money to go to.

As a sidelight, this is a reminder that anything can happen to anyone at any time so please everyone on the Warpath get to a lawyer and set up a will/trust and durable power of atty in case something happens. Your family will be thankful you did.

[BleedBurgundy]

Originally Posted by irish

To be honest I dont think that the Redskin's job. That's why people have wills. I sure hope ST had a will/trust/whatever to make sure that the millions of dollars he made playing professional football would go to help provide for his daughter's future and anyone else he wanted his money to go to.

As a sidelight, this is a reminder that anything can happen to anyone at any time so please everyone on the Warpath get to a lawyer and set up a will/trust and durable power of atty in case something happens. Your family will be thankful you did.

Very good advice.

[motorman]

Originally Posted by Bill B

Just wondering if anyone knows (Schneed) what are the salary cap ramifications of Sean Taylor's tragic death? Does the NFL grant cap relief for something like this? How does this effect the Redskins cap?

This post is very disappointing and inappropriate-and yet very premature especially from a "redskins fan"