I will conservatively project this upcoming year's cap at $124 million.
**UPDATED (January 17, 2012)** Redskins 2012 Salary Cap Info
2012 Salary Cap Situation
1. Salary Cap Projection = $124 million
2a. Number of players under contract for the Redskins = 47
2b. Redskins Cap Number, January 2011 = $86.3 million
3. Salary Cap space, January 2011 + exemption = $37.7 million
4. Potential player releases from $86.3 million cap number (plus 375k UDFA val):
DeAngelo Hall, $6.2 million-375k = $5.8 million net gain
O.J. Atogwe, $2.3 million-375k = $1.9 million net gain
Jammal Brown, -$650k-375k = -$1.0 million [net loss]
John Beck, $1 million-375k = $0.6 million net gain
Mike Sellers, $925k-375k = $0.55 million net gain
Reed Doughty, $1.15 million+375k = $0.8 million net gain
Santana Moss, $484k-375k = $0.11 million net gain
Chris Cooley, $2.07 million-375k = $1.69 million net gain
Total = $10.45 million retrievable
5. Space for potential releases PLUS existing cap space =
$48.15 million available (does not include June 1 release flexibility)
6a.
Rule of 51 = 4 contracts at league min (375k) = $1.5 million
6b. Redskins Exclusive Rights Free Agents, less UDFA rookie minimum (375k per)
Graham Gano, 2012 Cap Number = $0.6 million-375k = $0.225 million
Total as of January 17 = $225k
6c. Redskins Restricted Free Agents, less UDFA rookie minimum (375k per)
Kory Lichtensteiger, 2012 Cap Number = $1.875 million-375k = $1.5 million (projected 2nd round tender)
Byron Westbrook, 2012 Cap Number = $1.2 million-375k = $0.825 million (projected low tender)
Total as of January 17 = $2.325 million
6d. Redskins Unrestricted Free Agents and PROJECTED CAP FIGURES, less UDFA rookie minimum (375k per):
London Fletcher, 2011 Cap Number = $5.67 million-375k = $5.3 million
LaRon Landry, 2011 Cap Number = $6.45 million-375k = $6.08 million
Fred Davis, 2011 Cap Number = $5.0 million-375k = $4.63 million
Adam Carriker, 2011 Cap Number = $3.25 million-375k = $2.95 million
Tim Hightower, 2011 Cap Number = $1.5 million-375k = $1.125 million
Rex Grossman
Rocky McIntosh
Kedric Golston
Donte Stallworth
David Anderson
Darrion Scott
Sean Locklear
Phillip Buchanon
Keyaron Fox
PROJECTED Total as of January 17 = $20.085 million
6e. Combined (PROJECTED) Unresticted Free Agent Costs = $22.635 million
7. Signed unrestricted free agents from other teams:
Total as of January 17: N/A
8.
Salary Cap space after projected re-signings, January 17, 2012 =
$15.07 million
9. Rolled-over deadcap obligation for Haynesworth/McNabb/Hicks/Rabach = up to $7.3 million
^^^ This last part depends on how the NFL handled post-lockout transactions. If they were treated as "post June 1" moves, the Redskins will have to pay deadcap on them. But the Lockout would have prevented moves between March 4 and June 1. So I expect the Redskins owe this, but can't confirm they do not.