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Need to Know: The Redskins’ five biggest salary cap hits

Feb 10, 2014, 5:05 AM EST

Trent_Williams-intro

Here is what you need to know on this Monday, February 10, nine days before the NFL Combine.

Nickel coverage

The players who have the Redskins’ top five salary cap numbers:

1. LT Trent Williams, $10.98 million—He was among the last high draft picks under the old system where early draft picks got six-year contracts for big money. It worked out well for the Redskins as Williams’ cap hit is very reasonable for a two-time Pro Bowl left tackle. Williams’ contract runs through 2015.

2. WR Pierre Garçon, $9.7 million—He’s on the third year of a five-year, $42 million contract he signed in 2012. His cap numbers are practically flat over the last three years of the deal with a $9.7 million charge next year and a $10.2 million hit in 2016. If he stays on the field and stays as productive as he has that will be a good deal for the Redskins.

3. NT Barry Cofield, $7.6 million—Remember Bruce Allen saying that the Redskins would still be affect by the NFL’s salary cap penalty even after it technically ended? Cofield’s cap number is evidence of this. He needed to restructure his contract to give the Redskins some breathing room and that pushed some of his 2013 salary into future years.

4. DE Stephen Bowen, $7.02 million—See above about the cap penalty still taking a bite out of this year’s cap. Bowen also restructured his deal last year and his 2014 cap number ballooned as a result. The contract was redone before the season started. During the year Bowen suffered a knee injury and underwent microfracture surgery. That puts his future in doubt and he may need to consider taking a pay cut or face being released.

5. DE Adam Carriker, $6.8 million—This cap number includes a $4.7 million salary that Carriker, who hasn’t played since the second game of the 2012 season due to a quad injury, is unlikely to see. The team will either negotiate a drastically reduced salary with perhaps some incentives in case he does make it all the way back or release him.

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Timeline

—It’s been 43 days since the Redskins played a game; it will be about 209 days until they play another one.

Days until: NFL Combine 9; NFL Free agency starts 29; Offseason workouts start 56; NFL Draft 87

In case you missed it

  1. kenlinkins - Feb 10, 2014 at 7:49 AM

    Rich, I am trying to get a better understanding: If a player signs a contract for say 5 years at $4 million per year, with a $5 million signing bonus and $12 million guaranteed his Cap number is $5 million per year.(One year of Bonus plus $4 million in pay) If he renegotiates the contract to lower his Cap number (or avoid being priced out) after year two, You must take the hit from the signing bonus of 3 years left on contract ($3 million) up front and add to Dead Money, then you reduce pay to say $1 million and make it a new 4 years deal to cover the guaranteed money? If you do not cover the guaranteed money with the new deal, it too hits the Cap as Dead Money? If there is still guaranteed push out to other years and the player is CUT, you must add any guaranteed money to your Cap number as dead Money? Do I have that correct?

    • Rich Tandler - Feb 10, 2014 at 7:58 AM

      Not quite right. Let’s say that in your example you want to restructure the deal after one year (and forget about that $12 million guarantee, that makes it way too complicated). You take amount of the salary that’s over the minimum pay for a player with that experience and covert it to signing bonus. Let’s round up the minimum up to $1 million to keep it simple here. So that $3 million that you converted to SB is spread out over the remaining 4 years of the contract. So the player’s cap hit goes up by $750,000 ($3 million/4) for the remainder of the contract.

      If the player and team negotiate a pay cut, it’s usually very simple, the player’s salary for that year is lowered and the rest of the contract remains the same.

  2. kenlinkins - Feb 10, 2014 at 8:26 AM

    OK, Two things, One: You must account for all bonus and any money paid to player already. Two: The NFL must approve the contract (so you do not try and sign a guy with a $40 million signing bonus on a 40 year contract at minimum pay then try and place him on IR for 35 years after he plays for 5 years).

  3. coachemup1 - Feb 10, 2014 at 8:52 AM

    So if you drop Bowen and Carricker does that give us 40-44 mill in cap space, give or take a few?

  4. kenlinkins - Feb 10, 2014 at 9:44 AM

    I think I saw on here that before 6/1 Cofield $1.6 mil, Bowen $2 mil, Carriker $3.1 mil (total of $5.5million) AFTER 6/1 Cofield $5 mil, Bowen $4.5 mil, Carriker $5 mil (total of 14.5 million in Cap savings). I would cut all 3 on June 2nd.

    • coachemup1 - Feb 10, 2014 at 10:14 AM

      Now i see. So 36-38 mill depending on who is talking. Bowen is fair, but expensive.

  5. rcjur - Feb 10, 2014 at 1:04 PM

    If the Redskins were smart they would CUT all (3) of these guys, Bowen, Carriker and Cofield on June 2nd. Put Golston in there too but he needs to be released now. They need to draft at least one NT and DE and get a few player’s in FA. These guys are and should be the old redskins. Team needs to move on and get more younger and tougher players on the DLine.

  6. Raymond - Feb 10, 2014 at 1:28 PM

    Release bowen &carriker

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