Redskins 2012 Salary Cap Status

[GTripp0012]

**UPDATED (January 17, 2012)** Redskins 2012 Salary Cap Info

2012 Salary Cap Situation
1. Salary Cap Projection = $124 million
2a. Number of players under contract for the Redskins = 47
2b. Redskins Cap Number, January 2011 = $86.3 million
3. Salary Cap space, January 2011 + exemption = $37.7 million

4. Potential player releases from $86.3 million cap number (plus 375k UDFA val):

DeAngelo Hall, $6.2 million-375k = $5.8 million net gain
O.J. Atogwe, $2.3 million-375k = $1.9 million net gain
Jammal Brown, -$650k-375k = -$1.0 million [net loss]
John Beck, $1 million-375k = $0.6 million net gain
Mike Sellers, $925k-375k = $0.55 million net gain
Reed Doughty, $1.15 million+375k = $0.8 million net gain
Santana Moss, $484k-375k = $0.11 million net gain
Chris Cooley, $2.07 million-375k = $1.69 million net gain

Total = $10.45 million retrievable

5. Space for potential releases PLUS existing cap space = $48.15 million available (does not include June 1 release flexibility)

6a. Rule of 51 = 4 contracts at league min (375k) = $1.5 million
6b. Redskins Exclusive Rights Free Agents, less UDFA rookie minimum (375k per)

Graham Gano, 2012 Cap Number = $0.6 million-375k = $0.225 million

Total as of January 17 = $225k

6c. Redskins Restricted Free Agents, less UDFA rookie minimum (375k per)

Kory Lichtensteiger, 2012 Cap Number = $1.875 million-375k = $1.5 million (projected 2nd round tender)
Byron Westbrook, 2012 Cap Number = $1.2 million-375k = $0.825 million (projected low tender)

Total as of January 17 = $2.325 million

6d. Redskins Unrestricted Free Agents and PROJECTED CAP FIGURES, less UDFA rookie minimum (375k per):

London Fletcher, 2011 Cap Number = $5.67 million-375k = $5.3 million
LaRon Landry, 2011 Cap Number = $6.45 million-375k = $6.08 million
Fred Davis, 2011 Cap Number = $5.0 million-375k = $4.63 million
Adam Carriker, 2011 Cap Number = $3.25 million-375k = $2.95 million
Tim Hightower, 2011 Cap Number = $1.5 million-375k = $1.125 million

Rex Grossman
Rocky McIntosh
Kedric Golston
Donte Stallworth
David Anderson
Darrion Scott
Sean Locklear
Phillip Buchanon
Keyaron Fox

PROJECTED Total as of January 17 = $20.085 million

6e. Combined (PROJECTED) Unresticted Free Agent Costs = $22.635 million

7. Signed unrestricted free agents from other teams:
Total as of January 17: N/A

8. Salary Cap space after projected re-signings, January 17, 2012 =$15.07 million

9. Rolled-over deadcap obligation for Haynesworth/McNabb/Hicks/Rabach = up to $7.3 million

^^^ This last part depends on how the NFL handled post-lockout transactions. If they were treated as "post June 1" moves, the Redskins will have to pay deadcap on them. But the Lockout would have prevented moves between March 4 and June 1. So I expect the Redskins owe this, but can't confirm they do not.

*****************

**UPDATED (July 28, 2011)** Redskins 2011 Salary Cap Info

Projected 2011 League Requirements
1. $120 million salary cap, give or take about 1/3 million
2. $3 million max cap credit for benefits to one player
3. $108 cash expenditure requirement (give or take $4 million)

Current Redskins salary cap info courtesy J.I. Halsell, via Rich Tandler.

Redskins 2011 Cash Requirement Situation
1. Cash Requirement ~ $108 million
2. Total payroll owed for 2011 (salary + existing amortized bonus money + deadcap) = $73 million
3. Potential player releases from $73 million payroll:

Donovan McNabb, $11.1 million <-- confirmed
Albert Haynesworth, $5.4 million <-- confirmed
Ma'ake Kemoeatu, $3.8 million <-- confirmed
Casey Rabach, $3.0 million <-- confirmed
Artis Hicks, $2.1 million
Mike Williams, $1.8 million
Phillip Daniels, $1.0 million<-- confirmed
Mike Sellers, $0.55 million
Chad Simpson, $0.25 million <-confirmed, moving vet min to rook min
Jeremy Jarmon, $0.16 million <-confirmed, moving vet min to rook min

4. Realistic payroll "minimum" before free agency on Fri. Jul, 29: $47.90 million
5. Redskins Free Agent signings:

Barry Cofield, 2011 Cash Outlay = $15.5 million
Stephen Bowen, 2011 Cash Outlay = $14 million
Josh Wilson, 2011 Cash Outlay = $7.5 million
Santana Moss, 2011 Cash Outlay = $6 million
Jabar Gaffney, 2011 Cash Outlay = $2.4 million
Donte Stallworth, 2011 Cash Outlay = $1 million
Kellen Clemens, 2011 Cash Outlay = $0.8 million

Total = $47.2 million

5. Plus estimated year one rookie salary outlay: $13.25 million
6. Snyderbucks to spend to reach NFLPA minimum("unlikely to be retained" players + unsigned draft picks + all free agents) = -$12.55 million

The Redskins have exceeded $120 million cash spent in 2011.

2011 Salary Cap Situation
1. Salary Cap plus Benefits exemption = $123 million
2. Redskins Cap Number, July 2011 = $93.3 million
3. Salary Cap space, July 2011 + exemption = $29.7 million
4. Potential player releases from $93.3 million cap number (plus 375k UDFA val):

Donovan McNabb, $4.75 million [net saved]-375k r51 <-- confirmed
Albert Haynesworth, $3.4 million [net saved]-375k 51 <-- confirmed
Ma'ake Kemoeatu, $2.5 million [net saved]-375k r51 <-- confirmed
Casey Rabach, $1.6 million [net saved]-375k r51 <-- confirmed
Phillip Daniels, $1.0 million [net saved]-375k r51 <-- confirmed
Mike Sellers, $0.55 million [net saved]
Chad Simpson, $0.25 million [net saved] <-confirmed, moving vet min to rook min
Jeremy Jarmon, $0.16 million <-confirmed, moving vet min to rook min
Sam Paulescu, $0.16 million <-confirmed, moving vet min to rook min
Andre Brown, $0.16 million <-confirmed, moving vet min to rook min
Artis Hicks, $0.15 million [net saved]
Mike Williams, $0.26 million [net loss]
Total = $12.1 million *UPDATED FIGURE*

4. Redskins Free Agent signings, less UDFA rookie minimum (375k per):

Barry Cofield, 2011 Cap Number = $5.5 million-375k = $5.1 million
Stephen Bowen, 2011 Cap Number = $4.0 million-375k = $3.6 million
Josh Wilson, 2011 Cap Number = $3.5 million-375k = $3.1 million
Santana Moss, 2011 Cap Number = $3.2 million-375k = $2.9 million
Jabar Gaffney, 2011 Cap Number = $2.4 million-375k = $2.0 million
Donte Stallworth, 2011 Cap Number = $1 million
Kellen Clemens, 2011 Cap Number = $0.8 million

Total as of July 28 = $18.5 million

5. Salary Cap space, July 28, 2011 =$23.3 million
6. UPDATED value of rookie pool = $5.925 to $6.675 million
7. Total range for max FA cap room (and to satisfy cash expenditure requirement = $16.7 million

This is an updated figure which subtracts allocated rookies. In the process of adding in the contracts the Redskins have made over last few days!

At conclusion of 2011 league year:

-14 contracts expire, headlined by Fletcher and Kemoeatu
- Value of 14 "futures" contracts at $.38 MM per: $5.3 million
- Total cap value of expired contracts is $22 million, lead by 7.1 from Fletcher
- Plus rough 30% increase on remaining $28 million team salary = $8.4 mil in contract raises

-Net estimate cap relief from books after 2011 season (assumes no FA activity, signing of draft picks): $8.3 million[/QUOTE]

[CrazyCanuck]

Good job GTripp. I'll get some new 2012 cap sheets posted soon.

[skinsfaninok]

Thanks guys

[MTK]

Updated as of 1/18

http://www.thewarpath.net/WarpathRedskinsCap.htm

[SFREDSKIN]

I would cut Hall, Brown and Sellers of the bat.

[VTSkins1961]

agreed or cut brown & sellers and restructure hall if we can't get a better replacement

[Chico23231]

Originally Posted by VTSkins1961

agreed or cut brown & sellers and restructure hall if we can't get a better replacement

I agree with Brown and Sellers, but what to do with Hall is a tough question. I would be in favor of cutting him but who do you bring in? We already need to draft 1 CB to play nickle at the very least, cant draft 2 and have limited depth already. Do you give a big contract to Grimes? maybe, but I dont think ATL is letting him go. I wouldnt consider any other FA on long term deals.

You have to remember the Laron situation as well, I think you deal with that before you deal with Hall. I certainly wouldnt go expensive, long term with Laron, but he has a very high ceiling compared to the other FA at this point. The draft is limited at safety this year, but you could find a mid round value.

[GTripp0012]

Originally Posted by Chico23231

I agree with Brown and Sellers, but what to do with Hall is a tough question. I would be in favor of cutting him but who do you bring in? We already need to draft 1 CB to play nickle at the very least, cant draft 2 and have limited depth already. Do you give a big contract to Grimes? maybe, but I dont think ATL is letting him go. I wouldnt consider any other FA on long term deals.

You have to remember the Laron situation as well, I think you deal with that before you deal with Hall. I certainly wouldnt go expensive, long term with Laron, but he has a very high ceiling compared to the other FA at this point. The draft is limited at safety this year, but you could find a mid round value.

Taken from Evan Silva's indispensable rotoworld article:

Cornerbacks

Brent Grimes
Cortland Finnegan *
Brandon Carr
Carlos Rogers
Terrell Thomas
Rashean Mathis
Aaron Ross
Eric Wright
Richard Marshall
Tracy Porter
Marcus Trufant
William Gay
Tim Jennings
Jason Allen
Kelvin Hayden
Kelly Jennings
Justin Tryon
Corey Graham
Pacman Jones
Zackary Bowman
Will Allen
Benny Sapp
Dimitri Patterson
Ronde Barber
Alan Ball
Phillip Buchanon
Patrick Lee
Jonathan Wilhite
Elbert Mack
Donald Strickland
Justin King
Michael Coe
David Jones
Reggie Corner
Roderick Hood
Travis Daniels
Cletis Gordon
Frank Walker
Will Blackmon
Brandon McDonald
Leigh Torrence
Anthony Madison

I would imagine of all the defensive positions the Redskins are likely to draft at, corner and safety are among the most likely.

There are about nine guys on that list at the top (eight minus Rogers) who would be intriguing options opposite Josh Wilson, and about half this list would be a nice upgrade over what Hall offers. For six million dollars of used cap space, that is:

The league against DeAngelo Hall, QB passer rating (on passes where Hall is targeted):

2010 - 105.8
2011 - 100.4

[EARTHQUAKE2689]

Ray Ray Armstrong as Safety in the 3rd/4th.

[That Guy]

i'd love grimes... marshall or rogers would be good too, or drafting claiborne. If it looks like none of those are happening (and marshall is really a value signing more than a true #1), then hall is probably back.

[Hog1]

Good Stuff GTripp! Thanx for the effort...............

[BaltimoreSkins]

Originally Posted by GTripp0012

Taken from Evan Silva's indispensable rotoworld article:





The league against DeAngelo Hall, QB passer rating (on passes where Hall is targeted):

2010 - 105.8
2011 - 100.4

That about sums up the Redskins shut down corner. There are some upgrades on that list if they can pull it off. I'd like someone coming from a team that has a culture of winning a la Ross from Giants

[musicmaster45]

How bout Ladarius Webb from the Ravens???

[chrisl13]

Sorry, I'm a little dumb with this cap space stuff. So how much will we have going into free agency in March?

[SFREDSKIN]

Terrell Thomas is probably the best CB from the list, big physical and good cover, unfortunately he gets hurt quite a bit.