07-17-2011, 08:32 PM
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#163
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Quietly Dominating the East
Join Date: Mar 2005
Location: Naples, Florida
Posts: 10,675
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Re: Redskins ready to $pend?
Quote:
Originally Posted by GTripp0012
45 million SOUNDS like a lot of money to have to spend, but let me put it this way:
Lets say the Redskins sign Nnamdi Asomugha on July 27 to a 6 year, 92 million dollar contract with $40 million guaranteed.
That signing bonus is amortized over the life of the contract, so 40/6 = 6.67/year. But the year one salary is probably going to be 3 mil or less, with a large option bonus somewhere around year four of the contract. So Nnamdi's cap number in 2011, lets put it at $9 million. That's about 1/3 of our available cap space, and still plenty left to do whatever we want, outside of giving out a similar type contract to a different player.
But the Redskins just wrote a check for $40 million to Nnamdi, plus another $2 million in salary due in week one. So while $45 million is a lot to spend, the Redskins just spent to the NFLPA minimum on just one player. And still have $18 million of cap flexibility, even after signing rookies.
So yeah, one elite free agent pretty much gets the Redskins 60% (or more) of the way to the spending limit, and from that point on, it's pretty much just a normal offseason.
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See, that just ain't right.......this economy.....
I remember the day when 45m used to buy something...........
Thanx G!
__________________
Goodbye Sean..........Vaya Con Dios
thankyou Joe.......
“God made certain people to play football. He was one of them.” – Joe Gibbs
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