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Chris Cooley Released

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Old 08-28-2012, 03:30 PM   #1
los panda
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Re: Chris Cooley Released

how much did they save this year?

how much did/will it cost to cut him?
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Old 08-28-2012, 03:39 PM   #2
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Re: Chris Cooley Released

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Originally Posted by los panda View Post
how much did they save this year?

how much did/will it cost to cut him?

Redskins release Chris Cooley - The Insider - The Washington Post

Shanahan said the two sides did not discuss Cooley’s contract. The tight end, who has filled in at fullback with starter Darrel Young injured, would have counted more than $6 million against the salary cap this season if he had remained with the team.


Shanahan did not rule out the possibility of the Redskins re-signing Cooley if he is unable to find a starting job elsewhere.


“There’s a lot of scenarios that could still occur,” Shanahan said. “... Chris wants to be a starter in the National Football League.”
Cooley had said during training camp that he was willing to fill any role to remain with the team. He played regularly at fullback during the Redskins’ three preseason games.


Shanahan said he wishes Cooley well and the team thought it did what is right for itself and Cooley.
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Old 08-28-2012, 03:39 PM   #3
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Re: Chris Cooley Released

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Originally Posted by los panda View Post
how much did they save this year?

how much did/will it cost to cut him?
The Redskins save $3.9 M in cap space this year, and $4.9 M in cap space in 2013.

In both 2012 and 2013, the Redskins must carry dead cap charges of approximately $2.0 million each year. But the savings on base salary from his release more than offset this cap charge.

This could be a slightly cap-motivated decision, because my understanding is the Redskins can choose to take as much as they want of the $36 M league-imposed cap penalty this year. If they take the Cooley cap space and carry $3 million more of the cap charge this year as opposed to next year, they could carry $21 M this year and $15 M next year.

If they did that, Cooley coming off the 2013 books would free the $4.9 M in space I mentioned, plus the $3 M of cap charge, overall could create $7.9 M in space for 2013.
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Old 08-28-2012, 03:42 PM   #4
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Re: Chris Cooley Released

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Originally Posted by Schneed10 View Post
The Redskins save $3.9 M in cap space this year, and $4.9 M in cap space in 2013.

In both 2012 and 2013, the Redskins must carry dead cap charges of approximately $2.0 million each year. But the savings on base salary from his release more than offset this cap charge.

This could be a slightly cap-motivated decision, because my understanding is the Redskins can choose to take as much as they want of the $36 M league-imposed cap penalty this year. If they take the Cooley cap space and carry $3 million more of the cap charge this year as opposed to next year, they could carry $21 M this year and $15 M next year.

If they did that, Cooley coming off the 2013 books would free the $4.9 M in space I mentioned, plus the $3 M of cap charge, overall could create $7.9 M in space for 2013.
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Old 08-28-2012, 03:42 PM   #5
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Re: Chris Cooley Released

Quote:
Originally Posted by Schneed10 View Post
The Redskins save $3.9 M in cap space this year, and $4.9 M in cap space in 2013.

In both 2012 and 2013, the Redskins must carry dead cap charges of approximately $2.0 million each year. But the savings on base salary from his release more than offset this cap charge.

This could be a slightly cap-motivated decision, because my understanding is the Redskins can choose to take as much as they want of the $36 M league-imposed cap penalty this year. If they take the Cooley cap space and carry $3 million more of the cap charge this year as opposed to next year, they could carry $21 M this year and $15 M next year.

If they did that, Cooley coming off the 2013 books would free the $4.9 M in space I mentioned, plus the $3 M of cap charge, overall could create $7.9 M in space for 2013.
Not that I understood all of that, but good stuff thanks.
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