Current Redskins Salary Cap Status - 2008

[CrazyCanuck]

During my sleep something occurred to me - why the hell would the Skins designate Lloyd as a June 1 cut now??? Don't get me wrong, I understand the cap reasons, but why not just wait until June 1?

The spirit of the "early June 1" rule was that guys could count as June 1 cuts while being released earlier so as not to miss the free agent window starting in March. It's a courtesy rule so as not to penalize the player by making him miss the heat of free agency.

Now if this was Thomas or Samuels or someone who had given a bunch of good years to the team then I fully understand letting them out early. But why Lloyd? By all accounts Lloyd was not exactly a team player, in fact the opposite. And since there is no financial incentive for the Skins to let him out early, why do it? Why not let him rot on the sidelines until June?

The only explanation that makes sense to me is that Lloyd agreed to pay the Skins some money back under the table, probably in the form of a donation to Snyder's favorite charity - The Cerrato Fund.

Anyone have a different take?

[Bill B]

Originally Posted by CrazyCanuck

During my sleep something occurred to me - why the hell would the Skins designate Lloyd as a June 1 cut now??? Don't get me wrong, I understand the cap reasons, but why not just wait until June 1?

The spirit of the "early June 1" rule was that guys could count as June 1 cuts while being released earlier so as not to miss the free agent window starting in March. It's a courtesy rule so as not to penalize the player by making him miss the heat of free agency.

Now if this was Thomas or Samuels or someone who had given a bunch of good years to the team then I fully understand letting them out early. But why Lloyd? By all accounts Lloyd was not exactly a team player, in fact the opposite. And since there is no financial incentive for the Skins to let him out early, why do it? Why not let him rot on the sidelines until June?

The only explanation that makes sense to me is that Lloyd agreed to pay the Skins some money back under the table, probably in the form of a donation to Snyder's favorite charity - The Cerrato Fund.

Anyone have a different take?

CC - I thought the Skins did it now because Llyod had a roster bonus of $1.8 million if he was on the team in March 2008 and the Skins did not want to pay him the roster bonus.