Relax on the Cap Crisis Talk, Trust Jasno On This One
You gotta trust me on this one guys. Think back to 1985, when you were walking around in your Frankie Goes To Hollywood oversized t-shirt. Just relax. It's gonna be alright. Yes, the Skins are 20 million over, but with the way they operate it's not a big deal.
Spoke to my various cap experts this week, who have studyied the way the Skins do contracts and they'll be fine come March and the start of free agency. They're cap hell was coming a few years back, but once the CBA got extended and the cap went up and they could go back to their normal restructuring ways, it's all good.
Say what you want about Dan Snyder but he's willing to go cash over cap like nobody else.
The Skins have 46 players under contract for 2008 right now and are indeed $20 million over the cap.
But, as one cap expert said from another team. "That number is (BS). It doesn't mean anything. They'll cut a few guys and move a bunch of cap numbers around and convert some (base salary) to bonuses and they'll be fine."
Another cap exec said: "That number ($20 million over) means diddly." (Yes, he actually said this. Not sure if I spelled diddly correctly, but I'm rushing to finish this before starting my 1pm webchat, so you get the idea).
One NFL GM said: "The Redskins will be able to sign a few guys and have room to spare. Cash over cap. It's as simple as that."
Chris Cooley, for example, currently carries a $12 million cap figure by way of an $11 million roster bonus that will be converted to an option bonus - just you wait and see - and then prorated over 5 years and his cap figure will fall by millions.
They could easily knock $2 million of Shawn Springs's cap figure should they want to keep him around. Jon Jansen, Chris Samuels, Clinton Portis, Santana Moss, Cornelius Griffin - all of those guys are perfect candidates for this.
I'll go over the exact math down the line, but they will be able to lop $25 million off their cap in short order well before March, when they have to be in compliance.
Just wanted to get this out there, with emails about impending cap hell coming my way the last few weeks,
Okay, off to washingtonpost.com now to do my chat.
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