Redskins ready to $pend?

[sdskinsfan2001]

Originally Posted by Paintrain

Do people realize that bypassing the youngest and most talented free agent class EVER is just as harmful as foolishly spending?

We just drafted 11 or 12 young players that we should get signed and see what they have to offer. I want to draft players and give them a chance to succeed and create a family like locker room instead of just trying to pirate the best free agents like we always do.

Teams affected positively:
1. Washington Redskins: Owner Dan Snyder gave defensive tackle Albert Haynesworth and cornerback DeAngelo Hall around $36 million in bonus money in 2010 to free up room to be a big spender in free agency in 2011. Snyder and Mike Shanahan will have to be creative in how they structure contracts, because the $120 million cap would give them only around $10 million of cap room. On the positive side, the Redskins' current payroll is $75.7 million, meaning Snyder would have to spend close to $45 million in cash to meet the potential minimum floor requirements. Imagine a system that forces Snyder to spend.

Am I missing something, first it says that the 120 million cap would only give them 10 million of cap room, but then their payroll is 75.7 million and they need to spend 45 million. How do they only have 10 million of cap room but have to spend 45 million in payroll?