Contract Renegotiations have begun

[Bill B]

Per JLC the Redskins have begun contract renegotiations with both Andre Carter and Randy Thomas. As Crazy Canuck and Schneed pointed out this should be the first of many renegotiations......
washingtonpost.com

Redskins Note: The Redskins began creating salary cap space by renegotiating the contracts of guard Randy Thomas and defensive end Andre Carter, league sources said. The team entered the offseason $20 million over the 2008 salary cap and could restructure 12 ore more contracts.

[Campbell17]

I think we could do our cap problems a favor and let go jansen, too many injuries.

[EARTHQUAKE2689]

Originally Posted by Campbell17

I think we could do our cap problems a favor and let go jansen, too many injuries.

Jansen is not going anywhere

[Sheriff Gonna Getcha]

Originally Posted by Campbell17

I think we could do our cap problems a favor and let go jansen, too many injuries.

And who would we get to replace him? There aren't many options in free agency and, IMO, we could use our draft picks at other positions. Jansen has certainly lost a step since 2002 or so, but last season made me REALLY appreciate him.

[Bill B]

Here is further updates on the renogotiations - I don't know who updates the cap pages but I am sure this will get in somewhere with the reworked contracts JLC says has happened....


Redskins Insider
Anyway, for those interested in the minutia, the Redskins have reworked the contracts of 3 players thus far- Randy Thomas, Andre Carter and Antwaan Randle El, with at least a half dozen more to come. According to a source with knowledge of the situation, here's the breakdown:
Randy Thomas went from a cap figure of 8.0 million to 4.1
Andre Carter went from 4.9 to 2.8 (the team guaranteed his June 1 roster bonus of $2.4 million as part of the deal)
ARE went from 4.1 to 2.7
So the Redskins saved 7.6 mil in cap space with these moves. They're top 51 (salaries) for 2008 now stands at $132 million, $16 million over the cap, "by far the most in the NFL," according to my guy.
Now, again, don't panic. They'll trim $9 million on Chris Cooley alone and will easily end up with room to chase other free agents. They'll keep guaranteeing salary and pushing things back and extending contracts. But, I ask, as a practice, how much success - Ws and Ls, we're talking - has this strategy brought with it?
Well, regardless, the song remains the same. Restructuring season is upon us. Enjoy!

[MTK]

How does $20M - $7.6M = $16M?

[gibbsisgod]

Originally Posted by Mattyk72

How does $20M - $7.6M = $16M?

Come on Matty.... Its that "fuzzy math" thing again. Its first grade stuff man!

[GTripp0012]

Originally Posted by Bill B

Here is further updates on the renogotiations - I don't know who updates the cap pages but I am sure this will get in somewhere with the reworked contracts JLC says has happened....


Redskins Insider
Anyway, for those interested in the minutia, the Redskins have reworked the contracts of 3 players thus far- Randy Thomas, Andre Carter and Antwaan Randle El, with at least a half dozen more to come. According to a source with knowledge of the situation, here's the breakdown:
Randy Thomas went from a cap figure of 8.0 million to 4.1
Andre Carter went from 4.9 to 2.8 (the team guaranteed his June 1 roster bonus of $2.4 million as part of the deal)
ARE went from 4.1 to 2.7
So the Redskins saved 7.6 mil in cap space with these moves. They're top 51 (salaries) for 2008 now stands at $132 million, $16 million over the cap, "by far the most in the NFL," according to my guy.
Now, again, don't panic. They'll trim $9 million on Chris Cooley alone and will easily end up with room to chase other free agents. They'll keep guaranteeing salary and pushing things back and extending contracts. But, I ask, as a practice, how much success - Ws and Ls, we're talking - has this strategy brought with it?
Well, regardless, the song remains the same. Restructuring season is upon us. Enjoy!

If Cooley hasn't already restructured, then he probably doesn't have an 11 million dollar roster bonus due. I think CrazyCanuck's position here makes more sense than JLC. Either way, we're talking 7-8 million over the cap, and Portis, Samuels, and Betts alone should get us under.

[Bill B]

Originally Posted by Mattyk72

How does $20M - $7.6M = $16M?

I agree - should be $12.4M - I guess JLC tries to get his insider updated and sometimes doesn't double check what he writes. Plus the moves 3 moves he said add up to savings of $7.4 and not $7.6.

But fuzzy math aside at least the renegotiations have begun in earnest and the cap is being dealt with - I think the earlier this gets done the better as it will give us more flexibility to deal with draft picks, free agents and knowing the Skins FO trades.

[GTripp0012]

Originally Posted by Mattyk72

How does $20M - $7.6M = $16M?

$20 million was the rough media estimate, but the actual number was closer to $23.

Doesn't matter. Once we factor in Cooley, we are talking 7-8 million over, and that's the figure that matters right now.

[#56fanatic]

Originally Posted by Campbell17

I think we could do our cap problems a favor and let go jansen, too many injuries.

do you watch the games?? the guy has had two injuries in his career with the redskins. those two injuries happen to be a torn achilies and a broken leg. So, with your logic, if randy thomas gets hurt one more time, then I guess he should go too?? For the life of me I can not understand where Jansen is all of the sudden labled as a "history" of injuries. the guy is a rock on the right side of the line. He has played with some injuries most guys wouldn't even dress for. Broken thumbs, twisted knees, torn calf, come on, you have to pay closer attention to stuff like this.

[redwagonskins]

My question is why are we the only franchise in the league that does this? Consistently, year in and year out, we are over the cap and are able to restructure contracts turning base salaries into bonuses and then writing down the total cap hit. What is the downside? Is it guaranteed money in future years? It seems like the FO has been able to do this for several years yet no other team in the league is either this creative or this stupid. Every year, we are supposedly in salary cap hell but I haven't even felt it get remotely warm around here. So what is the downside?

[That Guy]

Originally Posted by redwagonskins

My question is why are we the only franchise in the league that does this? Consistently, year in and year out, we are over the cap and are able to restructure contracts turning base salaries into bonuses and then writing down the total cap hit. What is the downside? Is it guaranteed money in future years? It seems like the FO has been able to do this for several years yet no other team in the league is either this creative or this stupid. Every year, we are supposedly in salary cap hell but I haven't even felt it get remotely warm around here. So what is the downside?

we're the only team. downside is releases cost more (Coles, lloyd), and if the NFL revenues ever level out, we're straight up f$%^ed. all your doing is pushing money down the road, and making a worse situation for future years... but the NFL revenue (and labor deals) have been pushing up the cap enough each year that it hasn't bitten us yet.

[skinsfan69]

Originally Posted by Sheriff Gonna Getcha

And who would we get to replace him? There aren't many options in free agency and, IMO, we could use our draft picks at other positions. Jansen has certainly lost a step since 2002 or so, but last season made me REALLY appreciate him.

The Seattle game REALLY made we appreciate him. Heyer may or may not be a good player one day. But we need Jansen back ready to roll next year.

[Bill B]

Originally Posted by #56fanatic

do you watch the games?? the guy has had two injuries in his career with the redskins. those two injuries happen to be a torn achilies and a broken leg. So, with your logic, if randy thomas gets hurt one more time, then I guess he should go too?? For the life of me I can not understand where Jansen is all of the sudden labled as a "history" of injuries. the guy is a rock on the right side of the line. He has played with some injuries most guys wouldn't even dress for. Broken thumbs, twisted knees, torn calf, come on, you have to pay closer attention to stuff like this.

Plus cutting Jansen does not make sense from a CAP perspective. I believe Schneed pointed it in other posts correctly in that dealing with the cap will probably mean cutting one guy here or redoing a contract for another guy there every year - a complete gutting of the team is impossible from a cap perspective and would hurt the product on the field.

Now I think most everyone would agree that if anyone is getting cut this season with a expensive contract it is Brandon Llyod and not Jon Jansen.

Here is a breakdown of Llyod vs. Jansen

Llyod - 2 years on team, 25 catches for a whopping total of 379 yards, 0 (yes a big donut there) touchdowns. In his 5 year career he has 130 catches averaging 26 catches a year and 13 touchdowns averaging 2.6 a year. In addition his off field behavior is nothing to write home about.

Jansen - has been with Skins his entire career and started 112 games for the team over 8 years (averaging 14 games a year). He is a locker room leader and well liked by his teammates. He had 2 of his 8 seasons cut short by injury which as an offensive lineman that constantly gets tangled up is not bad in my opinion.

Now I know that it is impossible to compare an offensive lineman to a reciever, but if I am Vinny Cerrato and had to choose between the two I think it is not even close especially with our current depth on the O-Line as thin as it is.