Chris Cooley Released

[Schneed10]

Originally Posted by los panda

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.