Current Redskins Salary Cap Status - 2009

[Schneed10]

Originally Posted by BigHairedAristocrat

I'm a bit confused by something. According to the information on this site, the Redskins are 12-13M under the cap.

However, this mornings RedskinsInsider blog had this to say,

Does T.O. Make Sense for Skins? - Redskins Insider



How can we have 12-13M in cap space, yet have "little flexibility"? It just doesnt make sense. Any thoughts?

Fair question. It's likely because Vinny probably said "little flexibility" before they cut Jason Taylor. JLCs says "Cerrato recently said". It depends on how "recent" JLC's definition of recent is. If it was said before Taylor was cut, then it was true at the time. But now that he has been released, we have mad flexibility. And this makes sense, Vinny was trying to negotiate a restructure with Taylor and didn't expect him to balk at the workout bonus. He was thrown for a loop and then decided it was best to cut him.

When they released Taylor they went from having something like $3 million to having upwards of $11 million. That takes you from not much flexibility to lots of flexibility overnight.

As for the cap information on this site, trust me it's right. I like to think my MBA in Finance wasn't for naught. CC is quite an accountant himself, I've examined his stuff thoroughly and it's right on from my perspective. Further, there's another cap source out there who's also a strong accountant, and CC's numbers tie out to his.

We have to use estimates from time to time to develop cap hits, this is done when we don't have accurate sources for contract info. But those estimates are always in the ballpark. At least close enough to say with certainty that after releasing Jason Taylor the Skins have plenty of flexibility.