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Analysis: How would a Haynesworth trade financially impact the Redskins?

J.I. Halsell

With today's trade deadline looming, all indications, at least judging from what Redskins GM Bruce Allen has told the media, are that Albert Haynesworth will not be traded prior to the 4 p.m. deadline. However, Coach Mike Shanahan stopped short of ruling it out, and NFL Network's Jason La Canfora reports that the Redskins may be lowering their asking price for the defensive tackle.

With this in mind, in the event of a Haynesworth trade, here is what the impact would be from a financial and accounting standpoint for both the Redskins and the team that acquires the contract.

Haynesworth currently has a team salary number (formerly referred to a cap number when there was a cap) of $25.6 million. The number consists of his $3.6 million salary, $1 million signing bonus proration (the signing bonus he received in February 2009), and his $21 million signing bonus from March that, due to creative contract restructuring on the part of the Redskins, did not prorate.

If Haynesworth is traded, then his new Redskins team salary number would be $26.3 million, consisting of the $1.3 million in salary he has made over 6/17th of the season with the Redskins, $4 million of February 2009 signing bonus proration ($3 million of which accelerated into this year by virtue of the trade), and the $21 million signing bonus from earlier this year.

All in all, from team salary "accounting" standpoint, Haynesworth would count more against team salary, $26.3 million versus $25.6 million, if he were to be traded. However, due to the uncapped year, from the Redskins' perspective, the increase in team salary is not prohibitive.

In exchange for the compensation provided to the Redskins, the club that acquires Haynesworth's contract would take on the responsibility of the balance of his 2010 salary, 11/17th of $3.6 million ($2.3 million). Because Haynesworth skipped minicamp this offseason, he voided not only the $3.6 million guarantee of his 2010 salary, but also the guarantee of his 2011 $5.4 million salary. Therefore, the club that acquires his contract has no responsibility for guaranteed money to Haynesworth. Over the remainder of this season and into the 2011 and 2012 seasons, Haynesworth is due $14.9 million between salary ($14.4 million) and a workout bonus ($500K), again, none of which is guaranteed.

The club that would acquire him in a trade would have to make a significant decision leading into the 2013 season, when the contract for a then-32 year old Haynesworth contains a provision for a $20 million signing bonus and the contract containing further compensation for the balance of the deal totaling $31.8 million.

There's a value to be had in trading for Haynesworth. For a player of his talent, to only have to pay him a non-guaranteed average of nearly $6 million per year over the remaining two and half seasons before his hefty bonus is an absolute bargain relative to elite defensive tackles.


A native Washingtonian, J.I. Halsell spent two seasons as a salary cap analyst for the Washington Redskins. Prior to his tenure in Washington, he spent two years working in the NFL Management Council, and now pens a blog entitled "Under the Cap" for FootballOutsiders.com. Follow him on Twitter at @SalaryCap101.

By J.I. Halsell  | October 19, 2010; 12:39 PM ET
Categories:  Albert Haynesworth, Salary cap analysis  
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Comments

Conversely, my Cowboys have six home games coming up and we'll take care of business at home like we always do. Play time is over!!
Posted by:

MrIrvin88

Explain to me sir what the business is that you take care of "like we always do"?

I can help you:

- Is it the business of choking?
- Is it the business of coaching incompetence?
- Is it the business of stupidity as evidenced by the multiple bone-headed celebration penalties?

What is it exactly that a 1-4 team needs to celebrate anyway? Are the Cowhomos celebrating the fact that they will be on vacation at the end of the regular season? Well, that's nothing new. Maybe they're still celebrating their LONE PLAYOFFF WIN IN THIS CENTURY. Maybe they're just celebrating the fact that they were able to score in spite of their choking-dog of a QB. I know I would.

And for 10PetersInMouth, what do you dare hang your hat on as a Cowhomo fan? Maybe you are proud of how gracious the Cowhomos are by clearing the way for a better NFC team to play in their house on Super Bowl Sunday while they fetch beers and nachos for their guests.

Thanks biotch.

Posted by: No_Punt_Intended | October 19, 2010 12:43 PM | Report abuse

Trade AH. Look for the Texans to be the surprise team and we get Slaton and a 4th in return.

Posted by: Diesel44 | October 19, 2010 12:43 PM | Report abuse


a significant contributing factor to him developing this was traumatic brain injuries(concussions)

Posted by: PortisPocketsStr8 | October 19, 2010 12:18 PM |

one more time, concussions and parkinson's disease are two different things. from concussions you can aquire parkinsonism, which are the same type symptoms as parkinson's disease, but it is not parkinson's disease. the diagnosis you are referring to is called Dementia pugilistica.

Posted by: hessone | October 19, 2010 12:43 PM | Report abuse

NNNNNEEEEERRRRRDDDDDD!!!!!!!!!!!!!!!!!!!!!

Posted by: monk811 | October 19, 2010 12:44 PM | Report abuse

Anyway we can trade Albert to the titans for Kenny Britt?

Posted by: roccoskins | October 19, 2010 12:44 PM | Report abuse

one more time, concussions and parkinson's disease are two different things. from concussions you can aquire parkinsonism, which are the same type symptoms as parkinson's disease, but it is not parkinson's disease. the diagnosis you are referring to is called Dementia pugilistica.

Posted by: hessone | October 19, 2010 12:28 PM | Report abuse

Are you a doctor? How exactly do you know that brain damage does not contribute to Parkinson's itself?

Do you have a point you are trying to make. Or just arguing for the sake of arguing.

I said end up "like" Ali. I would say displaying the same symptoms as Ali qualifies as ending up "like" him.

Posted by: PortisPocketsStr8 | October 19, 2010 12:46 PM | Report abuse

JLC is a hack and Albert is NOT going anywhere. Period.

Posted by: Rypien11 | October 19, 2010 12:47 PM | Report abuse

Analysis: How would a Haynesworth trade financially impact the Redskins?

Let's have some real talk.

Given what's gone on so far this season with the redskin defense, the constant elevating of Albeert Haynesworth in this forum is about has grown stale.

Thread after thread, some paid for WaPo type is whining this or that about a player who is not half the commanding presence he used to be.

You want to see a dominating player?: watch Julius Peppers this weekend.

He'll be lined up over TWilliams or JBrown or CRabach if needed.

He'll make plays all over the field.

He doesn't tire or succumb to invisible injuries.

He's a defensive lineman who's worth all the chatta and attention.

And as for Albert, well, his singular mission moving forward is playing NT has half as good as Peppers plays DE and DT.

That is, if he's a redskin payer this weekend.

Posted by: MistaMoe | October 19, 2010 12:49 PM | Report abuse

I will be watching the Redskins play on Sunday at 1:00 p.m., your attempts to depress me were futile!!!

Posted by: monk811 | October 19, 2010 12:32 PM

Dag nabbit! Well you're lucky...I better find some place to watch it...or I won't be able to comment on the game!

Posted by: PlayAction | October 19, 2010 12:49 PM | Report abuse

Trade AH. Look for the Texans to be the surprise team and we get Slaton and a 4th in return.

Posted by: Diesel44 | October 19, 2010 12:43 PM |

Great. Between Slaton and Double Move, the football will hit the turf more than a basketball in an NBA game.

Genius.

I'd rather have big, fat, strong O and D linemen. No one under 6'4" and 300+lbs. That's what we need.

I believe the trade will happen. The scenario laid out above illustrates that this is a situation that's going to benefit anyone who makes an offer for Fat Albert.

I don't care anymore. I personally would like to see Shannahan cut Shamesworth at halftime during an away game and tell him to find his own way home.

Posted by: No_Punt_Intended | October 19, 2010 12:51 PM | Report abuse

I'm thinking he's not banking on the workout bonus.

Posted by: PlayAction | October 19, 2010 12:54 PM | Report abuse


Are you a doctor? How exactly do you know that brain damage does not contribute to Parkinson's itself?

Do you have a point you are trying to make. Or just arguing for the sake of arguing.

I said end up "like" Ali. I would say displaying the same symptoms as Ali qualifies as ending up "like" him.

Posted by: PortisPocketsStr8 | October 19, 2010 12:46 PM |

I'm not a doctor pockets, but I work in healthcare and folks with everything from parkinson's too quadriplegics. you posted athlete's ending up like ali and I said he had parkinson's disease, which he does. his parkinson's has nothing to do with concussions, fact.

Posted by: hessone | October 19, 2010 12:55 PM | Report abuse


Analysis: How would a Haynesworth trade financially impact the Redskins?

more like,

Analysis: How would a Haynesworth trade impact JReid and his threads?

Posted by: hessone | October 19, 2010 1:00 PM | Report abuse

Analysis: How would a Haynesworth trade impact JReid and his threads?

Posted by: hessone | October 19, 2010 1:00 PM

Good one, hess. LMAO.

Posted by: beep-beep | October 19, 2010 1:04 PM | Report abuse

Well, the National Parkinson Foundation sees a correlation between boxing and the disease (http://www.parkinson.org/boxing.htm), with the risk increasing with the length of a boxer's career and the number of fights. Causation is a tricker subject. It's conceivable that Ali would have developed Parkinson's even without a boxing career, but not enough is known about the disease at this time.

My guess is that boxing is to Parkinson's (and similar neurological ailments) as smoking is to lung cancer. Doing the former doesn't guarantee you'll get the latter, but your risk is increased dramatically.


There, found some information for you! Now can we stop the fighting children???

Posted by: monk811 | October 19, 2010 1:05 PM | Report abuse

I'm not in favor of getting slaton but he's a fit for MS's one cut, quick, zone running game and the 4th pick is the real prize. The CR 22 jokes are as fresh as the stench you leave when you post.

NPI- Take your racist, poor man's Jim Rome act some where else.

Posted by: Diesel44 | October 19, 2010 1:06 PM | Report abuse

I better find some place to watch it...or I won't be able to comment on the game!

Posted by: PlayAction | October 19, 2010 12:49 PM

Why? We can extend the BeatownGreg exception to you. Ignorance is never a drawback on RI, as long as you're assertive and sound authoritative.

Posted by: beep-beep | October 19, 2010 1:09 PM | Report abuse

I bet when Haynes-Girth was joy-riding in Danny's private plane, he wiped boogers under the tables and armrests and left a meaty deuce in the hopper and a bag of dope between the couch cushions.

Posted by: No_Punt_Intended | October 19, 2010 1:10 PM | Report abuse

his parkinson's has nothing to do with concussions, fact.

Posted by: hessone | October 19, 2010 12:55 PM | Report abuse

well that's the great thing about a disease that has "no known cause".

we could both be right. In this case I am just more right than you.

If the league has the ability to reduce injuries that cause brain damage than it should do so. Reducing the number of helmet to helmet hits is one way to do this.

Posted by: PortisPocketsStr8 | October 19, 2010 1:10 PM | Report abuse

Posted by: Diesel44 | October 19, 2010 1:06 PM | Report abuse

Not to go Blog Police on you, but I thought all sane RI posters swore a blood oath to never respond to that dude.

Posted by: WaitingGuilty | October 19, 2010 1:11 PM | Report abuse

Ignorance is never a drawback on RI, as long as you're assertive and sound authoritative.

Posted by: beep-beep | October 19, 2010 1:09 PM | Report abuse

And as long as you cheat a little by seeing the replays on ESPN or catch Post Game Live on Comcast Sports Net!

Posted by: monk811 | October 19, 2010 1:13 PM | Report abuse

refs are idiots, this game is already marred by their undue influence.

every time landry is on the field the refs are going to be watching him with one hand on the flag and if he so much as breaths on a guy they'll eject him now

Posted by: BrooklynSkins | October 19, 2010 1:15 PM | Report abuse

Why? We can extend the BeatownGreg exception to you. Ignorance is never a drawback on RI, as long as you're assertive and sound authoritative.

Posted by: beep-beep | October 19, 2010 1:09 PM

Thanks but can't break the BeantownGreg Rule...I'll catch it somewhere...someway...HaventMissedAGameSince87!

Posted by: PlayAction | October 19, 2010 1:17 PM | Report abuse

hey scamp, what happened to ITA ? c'mon dude, quit talking out of both sides of your mouth, that's all

Posted by: hessone | October 19, 2010 12:11 PM |

Didn't you read my monoblog from last Night? I said I was a hypocrit, duh. Also, I was repeatedly talking about the peabrains. El Beepo was talking about Cowtrolls. I think they're fair game...especially when their team is so ridiculously pathetic.

Posted by: scampbell1975 | October 19, 2010 1:19 PM | Report abuse

Analysis: How would a Haynesworth trade financially impact the Redskins?

more like,

Analysis: How would a Haynesworth trade impact JReid and his threads?

Posted by: hessone | October 19, 2010 1:00 PM
------------------------------------------
Good one. He'd have to change his nickname from MistaMayor to MistaMissAl.

Posted by: RedSkinHead | October 19, 2010 1:20 PM | Report abuse


There, found some information for you! Now can we stop the fighting children???

Posted by: monk811 | October 19, 2010 1:05 PM |

Dementia pugilistica (DP) is a type of neurodegenerative disease or dementia, which may affect amateur or professional boxers as well as athletes in other sports who suffer concussions. It is also called chronic boxer’s encephalopathy, traumatic boxer’s encephalopathy, boxer's dementia, chronic traumatic brain injury associated with boxing (CTBI-B) and punch-drunk syndrome ('punchy'), as well as a variant form, Chronic traumatic encephalopathy. Symptoms and signs of DP develop progressively over a long latent period sometimes reaching decades, with the average time of onset being about 12–16 years after the start of a career in boxing. The condition is thought to affect around 15-20% of professional boxers.

Parkinsonism (also known as Parkinson's syndrome, atypical Parkinson's, or secondary Parkinson's) is a neurological syndrome characterized by tremor, hypokinesia, rigidity, and postural instability.[1] The underlying causes of parkinsonism are numerous, and diagnosis can be complex.

Parkinsonism,

this is where folks get confused.

Parkinsonism is a symptom of DP, which is listed above. IT IS NOT PARKINSON'S DISEASE ! yes getting your brains beat to a pulp can make anything you are diagnosed with worse. boxing and parkinson's disease have nothing to do with each other.

my son got lyme disease a few years back. one infectous disease specialist said it's chronic while another said it's curable. so far so good. so who's right ? from my experience I can tell you the body is still a mystery, with every individual a different story as far as health concerns.


Posted by: hessone | October 19, 2010 1:20 PM | Report abuse

Posted by: PlayAction | October 19, 2010 1:17 PM | Report abuse

Why don't you just catch the game with your circle-jerk friends!!! hahaha

Posted by: monk811 | October 19, 2010 1:20 PM | Report abuse

I'll catch it somewhere...

Posted by: PlayAction | October 19, 2010 1:17 PM

The downside of watching it is that we expect better comments from you than "Why did they dump DT11? How bad can he be? He's gotta be better than someone." or "Play calling stunk. Look at the stats. 37 passes and 27 runs. Way too many passes."

Posted by: beep-beep | October 19, 2010 1:21 PM | Report abuse

I admire the Sisyphus-like persistence of cowboy "fans" up here.

Posted by: 4-12 | October 19, 2010 12:11 PM

So that's where the word "Sissies" comes from ... I suspected it would have something do to with the Cowboys.

Posted by: dcsween | October 19, 2010 1:21 PM | Report abuse

Posted by: Diesel44 | October 19, 2010 1:06 PM | Report abuse

Not to go Blog Police on you, but I thought all sane RI posters swore a blood oath to never respond to that dude.

Posted by: WaitingGuilty | October 19, 2010 1:11 PM
------------------------------------------The operative term is "sane".

Posted by: RedSkinHead | October 19, 2010 1:22 PM | Report abuse

Posted by: PlayAction | October 19, 2010 1:17 PM | Report abuse

Why don't you just catch the game with your circle-jerk friends!!! hahaha

Posted by: monk811 | October 19, 2010 1:20 PM
------------------------------------------
That reminds me, Harry Palms called for you...

Posted by: RedSkinHead | October 19, 2010 1:24 PM | Report abuse

The downside of watching it is that we expect better comments from you than "Why did they dump DT11? How bad can he be? He's gotta be better than someone." or "Play calling stunk. Look at the stats. 37 passes and 27 runs. Way too many passes."

Posted by: beep-beep | October 19, 2010 1:21 PM

Well...then...I got nothin'...off to the Caps blog....

Posted by: PlayAction | October 19, 2010 1:26 PM | Report abuse

Ignorance is never a drawback on RI, as long as you're assertive and sound authoritative.


This tone works even better after the seventh shot of tequila.

Posted by: MistaMoe | October 19, 2010 1:26 PM | Report abuse

Analysis: How would a Haynesworth trade financially impact the Redskins?

more like,

Analysis: How would a Haynesworth trade impact JReid and his threads?

Posted by: hessone | October 19, 2010 1:00 PM
------------------------------------------
Good one. He'd have to change his nickname from MistaMayor to MistaMissAl.

Posted by: RedSkinHead | October 19, 2010 1:20 PM | Report abuse

You guys still don't get it. All that will change is the name of the player mentioned.

For example. As soon as Devin Thomas was cut, there was a post about Fred Davis' lack of involvement in the offense. Coincidence? I think not.

Posted by: PortisPocketsStr8 | October 19, 2010 1:29 PM | Report abuse

Posted by: PlayAction | October 19, 2010 1:17 PM | Report abuse

Why don't you just catch the game with your circle-jerk friends!!! hahaha

Posted by: monk811 | October 19, 2010 1:20 PM
------------------------------------------
That reminds me, Harry Palms called for you...

Posted by: RedSkinHead | October 19, 2010 1:24 PM | Report abuse

Sorry, Harry is a good friend of PA, but I am expecting a call from a Ms. Ju Ci P*ssy.

Posted by: monk811 | October 19, 2010 1:29 PM | Report abuse


If the league has the ability to reduce injuries that cause brain damage than it should do so. Reducing the number of helmet to helmet hits is one way to do this.

Posted by: PortisPocketsStr8 | October 19, 2010 1:10 PM |

now pockets, I agree with you and I hope the NFL can find a solution to the concussion problem, but at the same time the players are getting faster and stronger. logic only says that concussions are part of the game. I could swear the NFL Today years back had a segment on the NFL improving helmets because of concussions, and now the focus on this problem again.

without changing the game, enforce the helmet to helmet rules and upgrade the helmets themselves to 21st century standards.

Posted by: hessone | October 19, 2010 1:30 PM | Report abuse

Why don't you just catch the game with your circle-jerk friends!!! hahaha

Posted by: monk811 | October 19, 2010 1:20 PM

Wonder if that NERD is still waiting for me to kick his ass? haha

Posted by: PlayAction | October 19, 2010 1:31 PM | Report abuse

HOW WOULD JASON REID'S FIRING FANANCIALLY IMPACT THE WASHINGTON POST?? Bruce Allen already stated that AH will not be traded and the HC said the same(in a round about way) So enough of the speculation and trying to develope a story that's not there, and lets focus on the Bears.

Posted by: kingpenn1 | October 19, 2010 1:34 PM | Report abuse

beep

Posted by: RedSkinHead | October 19, 2010 1:36 PM | Report abuse

I would be interested to hear peeps thoughts on Jammal Brown's progress as a RT so far. I think he's been okay but still has a ways to go to regain his LT form for the Saints.

Posted by: scampbell1975 | October 19, 2010 1:37 PM | Report abuse

That reminds me, Harry Palms called for you...

Posted by: RedSkinHead | October 19, 2010 1:24 PM | Report abuse

Sorry, Harry is a good friend of PA, but I am expecting a call from a Ms. Ju Ci P*ssy.

Posted by: monk811 | October 19, 2010 1:29 PM

Harry is cool to hang out with...but I prefer Mrs. Palms.

Posted by: PlayAction | October 19, 2010 1:37 PM | Report abuse

"...without changing the game, enforce the helmet to helmet rules and upgrade the helmets themselves to 21st century standards."

If you outlaw crossing patterns within 10 yards of the line of scrimmage, it'll do wonders to reduce the problem.

Posted by: MistaMoe | October 19, 2010 1:38 PM | Report abuse

Why don't you just catch the game with your circle-jerk friends!!! hahaha

Posted by: monk811 | October 19, 2010 1:20 PM

Wonder if that NERD is still waiting for me to kick his ass? haha

Posted by: PlayAction | October 19, 2010 1:31 PM | Report abuse

Probably some NERD who is a member of the Geek Squad who was too afraid of giving his REAL seat number and getting his nose AND pocket protector broken.

Hopefully nobody on here wrote that seat number down, something tells me an elderly person wearing Depends was sitting there, poor old man......

Posted by: monk811 | October 19, 2010 1:38 PM | Report abuse

"Well, the National Parkinson Foundation sees a correlation between boxing and the disease (http://www.parkinson.org/boxing.htm), with the risk increasing with the length of a boxer's career and the number of fights. Causation is a tricker subject. It's conceivable that Ali would have developed Parkinson's even without a boxing career, but not enough is known about the disease at this time."

Right. Part of the problem is that you can have Parkinsonian symptoms without meeting criteria for Parkinson's Disease. Ali wasn't diagnosed for quite a while after he began showing symptoms.

It's magnetic scans that have greatly increased understanding of the long-term effects of head trauma. But there's still a great deal to learn.

Posted by: Samson151 | October 19, 2010 1:57 PM | Report abuse

REDSKINS CONSIDER TRADING HAYNESWORTH FOR SWEDISH STRIKER

ASHBURN, VIRGINIA -- As today's 4 p.m. (Eastern) deadline rapidly approaches for NFL teams to make their final trades of the season, the Washington Redskins have again been approached by the general manager of the Stockholm Stompers to ask about the availability of defensive lineman Albert Haynesworth.

The Swedish premier league football team is reportedly interested in moving Haynesworth into a defensive position near their net to assist the goalkeeper and help keep the crease clear of any members of the opposing team.

According to once source, the Swedish team is interested in "putting the stomp back in the Stompers."

In order to consummate the deal, the Stompers are reportedly willing to trade their star striker, Hamm Samvitch, in a straight up deal -- and even pay a share of Samvitch's 250,000 Euro salary for the remainder of the season. The Redskins reportedly value Samvitch’s superb kicking skills – which they expect would immediately improve the team’s punting and place-kicking squads.

But sources inside Redskin Park say that Redskin general manager Bruce Allen is driving a hard bargain -- and insisting that the Swiss also throw in a slab of chocolate and a round or two of their world-famous cheese be Allen will sign off on the deal.

Meanwhile, the Redskin coaching staff is also said to be concerned about Samvitch's work habits. According to several reports, Samvitch works hard both in season and throughout the off-season, is always ready and prepared to contribute whatever he can to help the team, is easy to get along with, humble and self-effacing, plays through his injuries without complaint, and generally is a pleasure to have in the locker room, on the sidelines and on the field of play.

According to one Redskin Outsider, with such a positive personality and work habits, Samvitch would have a extremely difficult time filling the void left by the departure of Haynesworth.

Posted by: Vic1 | October 19, 2010 2:19 PM | Report abuse

Can't belive people want to trade AH. Am I the only one that watch football games. Orakpo rookie 11 sacks last year Andre Carter career high in sacks last year. AH DEMANDS DOUBLE TEAMS. He free up these other players why is it that people cant see this. HE FREE UP OTHER Players. They even explained his role on the Titans he free up others to make plays. Just watch the games last year and look at the D line this year we have no pressure up the middle and orakpo is getting double team. It will be a huge mistake if AH gets traded.

Posted by: Jmel1 | October 19, 2010 2:33 PM | Report abuse

I hope we don't have another Marty Schottenheimer in Mike Shanahan. Unless AH is disruptive in the minds of the players or is ineffective in the coach's mind, or the Skins can acquire a nose tackle that can occupy two defensive linemen pretty much all the time, I just say bite the bullet, coach.

Posted by: Jamesglenn41 | October 19, 2010 3:00 PM | Report abuse

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