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03-03-2008, 04:27 PM | #1 | |
Uncle Phil
Join Date: Feb 2004
Posts: 45,256
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Re: Current Redskins Salary Cap Status - 2008
Quote:
"Hey Shaun...it's Vinny. Yeah, you know I've been thinking about you. Thinking about you, me, an empty football field. Shh! Come here, I know what you need..." (damn, that's messed up)
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You're So Vain...You Probably Think This Sig Is About You |
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03-03-2008, 04:45 PM | #2 | |
You did WHAT?!?
Join Date: Feb 2007
Location: In The Kitchen With Dyna.
Age: 35
Posts: 14,142
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Re: Current Redskins Salary Cap Status - 2008
Quote:
WOW!
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03-04-2008, 04:12 PM | #3 |
Serenity Now
Join Date: Feb 2004
Location: Canada
Posts: 2,008
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Re: Current Redskins Salary Cap Status - 2008
I just did an update with Portis and Suish.
Suish got an EFA tender of $520K. Seems Portis did an overhaul on his contract. Here's what I can decipher so far: - His contract was extended 2 years (thru 2013). - He received an $8.5M salary in 2012 and 2013. - His salary was reduced by $500K in 2010 and 2011. - He converted $4.4435M of 2008 salary to SB. - He converted $5.882M of 2009 salary to SB. - We saved $2.723M on the 2008 cap. - We saved $4.16M on the 2009 cap. After these changes I have us at $5.073M under the 2008 cap. This differs from the reported figure of $8M under. I will reconfirm my numbers when PC updates his sheets. |
03-04-2008, 10:18 PM | #4 | |
A Dude
Join Date: Feb 2005
Location: Newtown Square, PA
Age: 44
Posts: 12,416
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Re: Current Redskins Salary Cap Status - 2008
Quote:
In one of his blog entries, JLC was saying that the Skins were (at the time) currently $4.9 million under the cap, and then once the Portis deal was done, they'd have $8.0 million in room. Turns out that $4.9 in room was exactly what you and I had the team at after Lloyd clears the books. Now we have the Skins (post Lloyd) at $7.45 million in room, which is only $0.55 off. JLC could have been rounding, or he could have simply not known how ridiculously complicated and creative that Portis extension was. Seriously, Snyder gave Portis his 2009 base salary money a year early as part of this extension in order to allow that amount to allocate over 2008, 2009, and beyond, clearing some of that hit off the books now. This shows an unwavering financial commitment to Clinton Portis as a Redskin for life. And rightfully so, the guy is one of the best all-around football players in the NFL. Pound for pound, quite possibly the best pass blocker in the entire NFL. Brilliant contract restructuring there.
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God made certain people to play football. He was one of them. |
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03-04-2008, 10:28 PM | #5 | |
\m/
Join Date: Feb 2004
Location: NY
Age: 51
Posts: 99,382
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Re: Current Redskins Salary Cap Status - 2008
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03-05-2008, 02:04 AM | #6 | |
Serenity Now
Join Date: Feb 2004
Location: Canada
Posts: 2,008
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Re: Current Redskins Salary Cap Status - 2008
Quote:
I updated my sheets under the assumption that they gave it all to him now. I'll double check when PC releases his numbers. |
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03-05-2008, 08:19 AM | #7 |
A Dude
Join Date: Feb 2005
Location: Newtown Square, PA
Age: 44
Posts: 12,416
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Re: Current Redskins Salary Cap Status - 2008
Ah, that would make a lot of sense.
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God made certain people to play football. He was one of them. |
03-07-2008, 10:05 PM | #8 |
Serenity Now
Join Date: Feb 2004
Location: Canada
Posts: 2,008
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Re: Current Redskins Salary Cap Status - 2008
From: Redskins, Cartwright Agree To a Three-Year Contract - washingtonpost.com
"Under the terms of his new deal, Cartwright, a six-year veteran, will receive a $300,000 signing bonus with a base salary of $605,000 in 2008 -- the minimum for a player with six years in the league. He will receive a $200,000 roster bonus and a $745,000 salary in 2009 and a $1.5 million salary in 2010." Rock's cap hits are as follows: 2008: $705 2009: $1,045 2010: $1,600 After inputting him into my sheets I have us at $4.738M under the 2008 cap. |
03-04-2008, 04:17 PM | #9 |
\m/
Join Date: Feb 2004
Location: NY
Age: 51
Posts: 99,382
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Re: Current Redskins Salary Cap Status - 2008
that literally made me laugh out loud
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