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Need to Know: How much cap space do the Redskins need to sign their draft picks?

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Need to Know: How much cap space do the Redskins need to sign their draft picks?

Here is what you need to know on this Tuesday, March 17, 44 days before the Washington Redskins go on the clock at the NFL draft.

Question of the day

A few days a week I’ll give an in-depth answer to a question submitted by a fan on my Twitter feed, via the Real Redskins Facebook page, or in the comments section here. On Twitter address the questions to me at @Rich_TandlerCSN with the #NTK hashtag. There will be a comment thread set up on the Facebook page and if you’re asking your question here, put “for NTK” at the start of the comment.

Today’s question is from the Real Redskins Facebook page:

As we discussed here yesterday, the Redskins had $11.73 million in salary cap space. That was before they signed safety Jeron Johnson. We don’t have the details on that deal yet (reported to the for two years and $4 million) so we don’t know what the 2015 cap hit will be. But we can estimate they have about $10.5 million left and be close enough for our purposes here.

The Redskins will need a chunk of that money to pay their draft picks. As of now, they have seven picks, their own selection in each round. Thanks to the rookie slotting system that came into effect with the current CBA in 2011, the 2015 cap hit for each those draft picks can be determined now.

Washington has the fifth overall pick in the draft. That player, regardless of what position he plays or what he may have accomplished in college, will get a contract with a 2015 salary cap hit of $3.41 million per Over the Cap. Here are the hits for the Redskins other picks, rounded to the nearest $1,000.

Round-Cap hit

2-$970,000
3-$606,000
4-$554,000
5-$487,000
6-$464,000
7-$451,000

The total cap hits for rounds one through seven comes to $6.943 million. At first glance, if you subtract that from the $10.5 million they currently have it looks like the Redskins are getting very low on cash to spend.

But you don’t subtract nearly that much from the remaining cap space due to the Rule of 51. That rule applies during the offseason, from the start of the league year in March until Week 1 of the regular season. Teams have to be under the NFL salary cap of $143.28 million during that time, but since they can carry up to 90 players on the roster they can’t count everyone towards the cap. So the rule is that only the top 51 cap hits on the roster count towards cap during the offseason.

That means that when you add a player into the top 51 you drop the player with the lowest cap hit. So when the Redskins sign their first-round draft pick, Phillip Thomas, who has a cap hit of $510,000, will drop out of the top 51, so you subtract his money from the cap. So that $3.41 million deal counts a net of just $2.9 million.

It happens that the Redskins have a bunch of players with cap hits of $510,000, which is the third-year minimum salary, so when you knock Thomas off of the list of 51, he’s replaced in 51st place by another player making the same amount. So when you sign picks from rounds two, three, and four, you add their cap hits but you take off someone making $510,000 when you do. In all, picks 1-4 have total cap hits of $5.54 million. But with the Rule of 51 the net effect is a subtraction of $3.5 million from available cap space.

And since the picks in rounds five, six, and seven make less than $510,000 they don’t even count against the cap for the time being. So you wind up with a net cap hit of $3.5 million for the draft class of 2015.

As Keith noted in his questions, this could change with a draft trade but trades of picks for picks in the same draft don’t usually have a major effect on the cap consequences. The Redskins can figure on accounting for about $3.5 million in cap space for the draft regardless of how much wheeling and dealing Scot McCloughan may do.

Timeline

—It’s been 79 days since the Redskins played a game. It will be about 180 days until they play another one.

Days until: Redskins offseason workouts start 34; 2015 NFL Draft 44; Redskins training camp starts 135

If you have any questions about what's going on at Redskins Park, hit me up in the comments. And I'm always on Twitter @Rich_TandlerCSN.

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As money skyrockets, don't expect Kirk Cousins to give discounts on open market

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As money skyrockets, don't expect Kirk Cousins to give discounts on open market

Kirk Cousins repeatedly said his free agent decision will not be just about money. Be clear, however, that money will be a huge factor in this decision. 

After the Redskins traded with Kansas City to acquire Alex Smith before the Super Bowl, it became obvious Washington will move on from Cousins. Whether that means the quarterback simply walks away in free agency or the organization attempts a highly risky tag-and-trade scenario, regardless, Cousins will throw footballs for another franchise in 2018.

Cousins wants to choose where he will play via free agency, and might even file a grievance if the Redskins do deploy a third franchise tag to control his rights.

Assuming Cousins hits free agency, a new report out of New York suggests the Jets will pay "whatever it takes" to land the passer. That could even include a fully guaranteed contract, and will certainly get close to a $30 million a year price tag. 

A notion exists too that Cousins might take less to go to a winner, and many think that could be the Broncos. Denver won five games in 2017, same as the Jets, though the Broncos have a strong defense and have been getting particularly awful QB play. 

The important thing to remember for curious Redskins fans watching the Cousins saga unfold: Don't expect much, if any, discount. 

The quarterback himself made that clear. 

"There’s other quarterbacks that come after you and it would be almost a selfish move to hurt future quarterbacks who get in a position to have a contract," Cousins said last year on 106.7 the Fan.

The quotes came after the 2016 season but before the Redskins again used a franchise tag with Cousins for the 2017 season. Washington wanted to attempt a long-term deal with Cousins at that point, though the quarterback decided to not negotiate and instead play on the tag.

The point remains that Cousins, and his representatives, believe the quarterback has a duty to other players to maximize his earnings. 

"If you don’t take a deal that’s fair to you, then you’re also taking a deal that’s not fair to them and you’re setting them back as well. So there’s different reasons. You just do the best you can."

If he hits free agency, Cousins will likely sign the richest contract in NFL history. Those opportunities don't come around often, and the quarterback should take full advantage. 

Want more Redskins? Click here to follow JP on Facebook and check out @JPFinlayNBCS for live updates via Twitter! Click here for the #RedskinsTalk on Apple Podcastshere for Google Play or press play below. Don't forget to subscribe!

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Need to Know: Could Ty Nsekhe be the Redskins' answer at left guard?

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Need to Know: Could Ty Nsekhe be the Redskins' answer at left guard?

Here is what you need to know on this Monday, February 19, 23 days before NFL free agency starts.

Monday musings

—One possible solution to the left guard spot is perhaps being overlooked. Ty Nsekhe played there some last year, starting the game in Dallas and playing there until Morgan Moses got injured, forcing him to move to right tackle. Nsekhe is slated to be a restricted free agent but his return is likely. In December I asked Jay Gruden if Nsekhe might move to guard in 2018. “I think Ty is a big man and a very good tackle, but in the offseason when we have more time, maybe we can feature him at some guard when we’ve got all our guys back,” he said. “Feature him some” doesn’t mean that they will make him a starter; perhaps they want him to be the top option to fill in at four of the five OL positions. But it’s something to keep an eye on if they don’t land a left guard solution in free agency or the draft.

—When I posted about Albert Breer’s report that Kirk Cousins would file a grievance if the Redskins put the franchise tag on him in an effort to trade him, I pulled up a copy of the CBA to see the language on which Cousins could base his case. I read through the Article 10, which deals with the franchise tag twice and I saw nothing of it. But Mike Florio found it in Article 4, the one that deals with player contracts. “A Club extending a Required Tender must, for so long as that Tender is extended, have a good faith intention to employ the player receiving the Tender at the Tender compensation level during the upcoming season.” Since the Redskins clearly have no intention of employing Cousins after the Alex Smith trade, this seems to be a fairly simple case. In reality, it never is.

—I tweeted this last week:

However, possible cap casualties from other teams are not included in that group. That won’t turn the pool of players who will become available to sign into a bunch of potential franchise changers. Still, there could be a number of players in whom the Redskins could be interested in like RB DeMarco Murray, WRs Emmanuel Sanders and Torrey Smith, edge rusher Elvis Dumervil, and DL Brandon Mebane. A plus to signing players who have been waived is that they don’t count in the formula that determines compensatory draft picks. The Redskins have never really paid attention to that in the past but with potential high comp picks at stake if they lose both Kirk Cousins and Bashaud Breeland, this could be a good year to start.

Stay up to date on the Redskins. Rich Tandler covers the team 365 days a year. Like his Facebook page Facebook.com/TandlerNBCS and follow him on Twitter @TandlerNBCS.

Timeline  

Days until:

—NFL Combine (3/1) 10
—NFL Draft (4/26) 66
—2018 NFL season starts (9/9) 202

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