Tomel Posted March 17, 2006 Share Posted March 17, 2006 Is there anyone out there in Skins Land that REALLY understands the ins and outs of salary caps. I've heard explanations by the talking heads. I understand the concepts of prorating up front bonuses. I understand the concept of dead money. What I don't understand is how the Skins seem to be able to spend a lot of money on free agents every year and still stay within the salary cap. They seem to be able to do more than everyone else, year after year. If someone has some answers (and I don't mean talking head generalities), how about helping me understand. Go Skins! My prediction - 2007, Miami, Florida, Skins vs Indy Link to comment Share on other sites More sharing options...
Vegas-Born Posted March 17, 2006 Share Posted March 17, 2006 Aunty Em, Aunty Em, its a twister its a twister-- honestly brother--Im with you--Im so lost Link to comment Share on other sites More sharing options...
Riggo#44 Posted March 17, 2006 Share Posted March 17, 2006 Obviously the people that count know!! Salary cap space does not win championships! Link to comment Share on other sites More sharing options...
jwebst1 Posted March 17, 2006 Share Posted March 17, 2006 The Skins hand out large signing bonuses and back-end the salary portion of contracts..... cap hits are low for generally the first 3 years of everyone's contract. Once a player gets into the later years of a contract, the Skins attempt to restructure deals to lower the cap hit for that given year. Link to comment Share on other sites More sharing options...
Thinking Skins Posted April 9, 2006 Share Posted April 9, 2006 Where can I find breakdowns of the contracts we just signed? Or can I? Link to comment Share on other sites More sharing options...
AllAboutSkins08 Posted April 9, 2006 Share Posted April 9, 2006 yea i could never understand how they keep from getting hit by the salary cap every year. but whatever, keep doing what you do skins! Link to comment Share on other sites More sharing options...
inmate running the asylum Posted April 9, 2006 Share Posted April 9, 2006 Is there anyone out there in Skins Land that REALLY understands the ins and outs of salary caps. I've heard explanations by the talking heads. I understand the concepts of prorating up front bonuses. I understand the concept of dead money. What I don't understand is how the Skins seem to be able to spend a lot of money on free agents every year and still stay within the salary cap. They seem to be able to do more than everyone else, year after year.If someone has some answers (and I don't mean talking head generalities), how about helping me understand. Go Skins! My prediction - 2007, Miami, Florida, Skins vs Indy Read this one article. If you still dont understand, you better start following tennis. :laugh: Redskins use bonuses creatively to free up cap space INSIDE THE NFL 3/19/2006 By MARK GAUGHAN Creative salary cap management plus an eagerness to open the vault of owner Dan Snyder yet again has made the Washington Redskins one of the most active players in free agency. For the third time in four years, the Redskins have been big free-agent shoppers. They have three major signings - receiver Antwaan Randle El, safety Adam Archuleta and defensive end Andre Carter. They also traded for Niners receiver Brandon Lloyd and added low-cost veterans in tight end Christian Fauria and quarterback Todd Collins. This was despite the fact the Redskins were supposed to be well over the salary cap - by more than $4 million in the week leading up to the start of the NFL shopping season. How did they do it? First, they got linebacker LaVar Arrington to forfeit $4.4 million in deferred signing bonus money in order to buy himself out of his contract and become a free agent. Arrington agreed to give up the cash and save the 'Skins cap space because if he didn't they would have cut him June 1. He opted to hit the market immediately. They also had to cut a good player in Cory Raymer. Then the Redskins restructured about a dozen contracts and converted $13.5 million worth of roster bonuses into bonuses that could be stretched out over the length of the players' deals. That created $10 million in space. Then the salary cap went up from $94.5 million to $102 million, creating $7.5 million more space, after the new collective bargaining agreement was signed. The Redskins aren't super-active in free agency every year, it only seems that way. They were inactive in 2001 and '02, spent like royal divas in '03 and '04 and were relatively inactive last year. Last year's free agent additions in Washington were David Patten and Casey Rabach. They also traded for Santana Moss and gave him $11 million in guaranteed money. The Redskins' additions thus far are taking up only about $9 million in cap space on this year's books. Here's an example of why this is so: Archuleta got a $5 million bonus on a six-year contract. So his bonus counts $833,333 a year against the cap. Then he's getting the minimum base salary this year of $585,000. So he counts $1.4 million against this year's cap. Next year Archuleta gets another $5 million bonus that's guaranteed. But that gets spread over five years, and he again plays for the minimum base salary of $585,000. So his cap figure next year is a reasonable $2.4 million. This is the way the Redskins structure most of their deals. They pay a ton of money up front that gets spread out, and the base salaries are the minimum for the first three years or so. Then when the base salary gets big the final two years of the deal, they cut the player or restructure. This illustrates one of the big advantages the Redskins have with their roughly $300 million in annual revenues. Washington is more willing to pay out guaranteed money and give it in the form of bonuses each March, at the start of the NFL's cap year, as opposed to paying it in the form of base salary, which gets paid out in 17 installments from September through December. Let's say the Bills' Takeo Spikes and one of the 'Skins' top stars (say Moss, for example) each are getting $4.5 million this year. Spikes gets his in the form of weekly checks during the season. Moss got most of his in March, meaning the Bills get to keep that money invested for six to seven more months than the 'Skins. Add that up for a dozen players and that's a ton of interest earnings the Redskins are willing to give up during the year. Of course, Snyder doesn't care because his franchise is a cash cow. Then there's the question of coaching salaries. Washington head coach Joe Gibbs is making about $5.7 million a year. Assistant head coach-defense Gregg Williams is making about $1.5 million a year (and it goes up to about $2.6 million a year if he stays next season). New offensive coordinator Al Saunders is making $2 million a year. We'll see how far Snyder's spending gets him. Washington made the divisional round of the playoffs last season but the team has just one winning season this decade (the same as the Bills). Of course, Washington is far stronger than the Bills entering 2006 and will be a favorite to make the playoffs this year. However, it's still banking that quarterback Mark Brunell, who will be 36, can squeeze out one more good year. The free agents had better be great because the 'Skins continue to eschew the draft. Trades last spring and last week have left Washington with just one choice (No. 53) above the fifth round in next month's draft. Counting next month's selection meeting, the 'Skins have traded away 17 of their picks the past four years. Link to comment Share on other sites More sharing options...
inmate running the asylum Posted April 9, 2006 Share Posted April 9, 2006 Where can I find breakdowns of the contracts we just signed? Or can I? This website has numerous breakdowns of salaries. Click on the captions at the bottom of the spreadsheet. http://www.thewarpath.net/WarpathRedskinsCap.htm http://www.thewarpath.net/WarpathRedskinsCap.htm Link to comment Share on other sites More sharing options...
onedrop Posted April 9, 2006 Share Posted April 9, 2006 do not try and understand the salary cap, that is impossible, try and realize the truth....there is no salary cap. Link to comment Share on other sites More sharing options...
Peregrine Posted April 9, 2006 Share Posted April 9, 2006 yeah. When you see someone give a contract figure. Like 6 years 30 mill, dont just do simple division. There are two important aspects to most contracts; the base salary, and the bonus. The singing bonus is for the length of the contract and is divided between all the years. It also determines how much of a cap hit we take if we cut the guy. The salary however, though there are rules about how much of a difference there can be from year to year, is much more flexible. What you will find with the Redskins is the first 3 years of contracts have very low salaries, and the end salaries are inflated. Link to comment Share on other sites More sharing options...
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