Skip to content

‘Skins scratch and claw for salary cap space

127501089 Getty Images

Faced with the removal of $18 million in spending allotment due to sins of salary caps past (even though they didn’t do anything wrong), the Redskins are still trying to do business in free agency.

And they’ve been successful.  So far.

In order to keep it going, they’ve had to begin restructuring existing contracts.  Usually, that’s something that happens in the second year or later of a player’s deal.  For center Will Montgomery, it happened in the second month.

Signed less than three weeks ago to a four-year $12 million deal, the Redskins reportedly have squeezed $2 million in current-year cap space by converting a portion of the contract to a guaranteed payment, according to Mark Maske of the Washington Post.

While the report doesn’t specify the specific mechanism, the Redskins undoubtedly converted a $2.75 million 2012 roster bonus into a signing bonus, spreading the amount over the four years of the deal in equal $685,000 chunks, which reduces the cap number for 2012 by $2.0625 million.

The move seems to suggest that, as of February 28, the Redskins had no idea that the league was going to strip them of significant cap dollars in 2012.  Otherwise, the Redskins would have paid the $2.75 million as a signing bonus in the first place.

As of Thursday, the Redskins had more than $11 million in remaining 2012 cap room.  Freeing up another $2 million suggests that they still plan to do more spending this offseason.

Permalink 24 Comments Feed for comments Latest Stories in: Rumor Mill, Top Stories, Washington Redskins
24 Responses to “‘Skins scratch and claw for salary cap space”
  1. bathroombenlovemachine says: Mar 17, 2012 10:30 AM

    First

  2. thraiderskin says: Mar 17, 2012 10:31 AM

    Nothing says fair business practices like a crippling money theft from the league office.

  3. joemammy says: Mar 17, 2012 10:33 AM

    Screwing around with the cap is what got them here to begin with. It’s a good thing RGIII can run. He’s gonna be running for his life….

  4. skeebo80 says: Mar 17, 2012 10:33 AM

    Goodell is just plain ridiculous

  5. waltdawg says: Mar 17, 2012 10:34 AM

    Faced with the removal of $18 million in spending allotment due to sins of salary caps past (even though they didn’t do anything wrong), the Redskins are still trying to do business in free agency.

    I know that we have had our differences in the past Mike–with all the editing and removal of my insightful comments by your staff of young incompetent editors, but you just won me over—Your parenthetic opinion is shared by the rest of the league…Now please state the Goodell should be removed due to this attrocity.

  6. bagadeez04 says: Mar 17, 2012 10:34 AM

    HAHA the skins sign a bunch of mediocre-bad free agents and it’s deemed a success…in March.

    As always with Snyder’s Skins, March is the month that they enjoy the most “success”.

  7. caryw30 says: Mar 17, 2012 10:36 AM

    I am a Cowboys fan and I feel for the Redskins as well as us. This is wrong. They did nothing wrong. The NFL is bowing to other owners who did not want to spend just like the NBA bowed to the Cleveland owner when they blocked the Lakers trade. In both cases it is dead wrong no matter how they spin it.

  8. buchopeful says: Mar 17, 2012 10:36 AM

    Thats the incompetent Bruce Allen for ya…

  9. dewalt2990 says: Mar 17, 2012 10:42 AM

    Next time…don’t break the rules.

  10. jbl429 says: Mar 17, 2012 10:42 AM

    I thought you couldn’t rework a contract until at least one year had passed since it was signed. Is this no longer the case?

  11. tizomps says: Mar 17, 2012 11:04 AM

    dewalt2990:

    What specific rule did they break during the uncapped 2010 year?

  12. tinbender2000 says: Mar 17, 2012 11:06 AM

    Not sure what the ‘Boys and ‘Skins did wrong, but pinching the Raiders for dumping JaMarcus Russel? WTF?

  13. blackqbwhiterb says: Mar 17, 2012 11:12 AM

    I have really been a Redskin fan dismayed since Dan Snyder purchased the team. But I sure hope he figures out a way to stick it to his colleagues, because Washington is getting hosed by the other teams AND the NFLPA on this one.

  14. purplengold says: Mar 17, 2012 11:13 AM

    @dewalt2990

    What rules are you referring to?

  15. packerjer says: Mar 17, 2012 11:27 AM

    Is the Redskins GM just this foolish, or is Danny Snyder giving the orders? Just because the NFL unfairly punished them doesn’t mean the Redskins have to go out and spend their remaining cap dollars foolishly.

    They paid millions for 2 of the worst DBs in the league in Griffin and Meriweather. They WAY overpaid for Garcon and Morgan at WR.

    For years they’ve tried to build a team this way, and despite have zero success doing so, THEY KEEP DOING IT. Meanwhile other teams draft and develop with great success. How is possible not to learn your lesson? Even a rat will learn not to touch the food after getting shocked a few times.

  16. mjkelly77 says: Mar 17, 2012 12:04 PM

    Cheaters never prosper.

  17. mjkelly77 says: Mar 17, 2012 12:12 PM

    Faced with the removal of $18 million in spending allotment due to sins of salary caps past (even though they didn’t do anything wrong) …
    _________________

    Didn’t do anything wrong? They were warned that there would be fair retroactive adjustments applied. Again, to the point of being ridiculous, Mr. William Clay Ford of the Detroit Lions could have cornered the best 20-25 players in the NFL. Signed them to 4 year contracts and loaded all of the cap in the “uncapped” year. Probably would have won four consecutive Super Bowls. But it would not have been thr right thing to do. Dallas and Washington did that on a lesser scale. Done on a lesser scale only because the owners didn’t have the ‘nads to go all the way. They cheated and they know it.

  18. mjkelly77 says: Mar 17, 2012 12:18 PM

    Why is it when I give a thumbs up to a response that disagrees with PFT’s position, it doesn’t register? Anyone else have similar issues? Thanks.

  19. deathmonkey41 says: Mar 17, 2012 12:18 PM

    I wonder what Goodall would have done if the Patriots had been the team to go over…

  20. uslim2nun says: Mar 17, 2012 12:23 PM

    hopefully making room to re sign Fletch…..HTTR

  21. majbobby says: Mar 17, 2012 12:36 PM

    Love it, tried to get out of Fat Albert Signing got caught.

    Take the space away. And guess what the Cowboys and Skins are going to do about it…….

    NOTHING!!!!!!!!!

    Sue the League and the other owners, yeah right good luck trying to get ANY trade partners in the future.

    Yeah 2 against 30, see how that goes.

  22. tizomps says: Mar 17, 2012 12:50 PM

    Again mjkelly77:

    What specific RULE did they violate? Please provide the rule. I don’t think you or goodell can.

  23. dcbronco says: Mar 17, 2012 7:48 PM

    Some people believe the Skins and Cowboys broke the rules and others believe in evolution.

  24. rg3isvictory says: Mar 18, 2012 1:23 AM

    An even more important fact is that there was never a vote on this by the owners or players! Just a committee that is headed by the owner of a division rival!!! This would also explain why only the Cowboys and Redskins were stolen from! A shameful act the is pretty embarrassing considering the Gmen just won the SB. You wouldn’t think they’d want this bad look to over shadow their recent success. Sounds like Mara should be removed as head of the CEC along with Goodell and D. Smith replaced for going along with the Giants and Mara’s cheating. I suspect that Snyder and Jones may take the high road for the leagues sake but it won’t lessen the black eye Mara has created for his team! Not fair to your fan base or players Mara. Bullseye on your back one way or another!

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!