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Need to Know: The cap implications of the Redskins cutting Chris Culliver

Need to Know: The cap implications of the Redskins cutting Chris Culliver

Here is what you need to know on this Tuesday, May 3, 10 days before the Washington Redskins hold their rookie minicamp.

Timeline

—The Redskins last played a game 114 days ago. It will be 132 days until they host the Steelers in their 2016 season opener.

Days until: Rookie minicamp 10; OTAs start 21; Redskins training camp starts 86

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The Redskins have indicated all offseason that they did not plan to let go of Chris Culliver despite his $8 million salary and unproductive, injury plagued 2015 season.

However, things change quickly. Within a span of seven days, the team signed Josh Norman to a big free agent contract and drafted Virginia Tech cornerback Kendall Fuller. Those acquisitions pushed Culliver, who is still rehabbing from a torn ACL he suffered on Thanksgiving Day, back to at least the third corner and maybe the fourth.

And whether it’s third or fourth, an $8 million salary is too much for that spot on the depth chart. So the Redskins decided to release him on Monday.

They released him with a post-June 1 designation. The Redskins haven’t done that in a while so here is what that means.

Culliver had three years remaining on the four-year contract he signed last year. He was paid a $5 million signing bonus so the cap charge was split with $1.25 million hitting each of the four years on the deal.

That means that the Redskins still have to account for $3.75 million in signing bonus. Had they cut him without the June 1 designation all of that would have hit their salary cap this year. You would subtract that from the $8 million they save by not having to pay his 2016 salary and the net cap savings would have been $4.25 million. The books on the Culliver contract would have been closed.

But the Redskins designed post-June 1. That means a couple of things. The cap charge for the last two years gets pushed to the 2017 cap. So they get $8 million in 2016 cap savings, his $9.25 million cap number minus the $1.25 million signing bonus proration. The signing bonus charge goes into this year’s dead cap. There will be a $2.5 million dead cap charge next year.

So they don’t “save” any money with the June 1 designation. The accounting for the money is all that changes.

There’s one other important thing to know. A catch of using the designation is that the player’s contract remains on the books until June 1. So the Redskins don’t immediately have any additional cap money available as a result of this move. The will have the $8 million credited to their cap on June 2.

It's important to note that the cap space being locked up will not prevent the Redskins from signing any or all of their draft picks. As I wrote here last week the Redskins will need about $1.4 million in net cap space to sign their draft picks. They currently have $4.2 million so they can make it with room to spare.

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Senior Bowl Preview: All eyes on the quarterbacks as Redskins must consider options

Senior Bowl Preview: All eyes on the quarterbacks as Redskins must consider options

MOBILE — Kirk Cousins remains the best option to be the Redskins quarterback of the future, but that future isn't very secure. For the past two seasons, Washington has been unable to get a long-term deal done with Cousins and optimism is low heading into the 2018 negotiating period. 

At this point, after consecutive franchise tags, it might be time for the Redskins to look at options beyond Cousins. Colt McCoy is under contract for 2018, and head coach Jay Gruden has repeatedly voiced confidence in the famed Texas product. 

Big picture, however, the Redskins need to find their QB for 2018, and beyond. Perhaps that will be Cousins, but it's time for serious due diligence. 

That means the Washington contingent heading to Mobile, Alabama, this week for the Senior Bowl needs to be watching the quarterbacks. And there's a lot to watch. 

Senior Bowl rosters are loaded with future NFL talent at all different positions. NBC Sports will have much more on that later in the week, but to kick things off, start with the passers. 

MORE: WHAT CAN THE REDSKINS LEARN FROM THE EAGLES?

  • 1) Baker Mayfield - Nobody will have a brighter light on them in Mobile than Mayfield. The 2017 Heisman Trophy winner made big splashes on the field for Oklahoma, posting video game numbers. He threw for more than 4,600 yards in 14 games to go with 43 touchdowns against only six interceptions. He completed a crazy 70 percent of his throws, which is very high for a college passer. There was some off-field immaturity, and a February 2017 arrest, but those issues aren't expected to cause him to slide in the draft. A number of draft experts predict Washington drafting Mayfield with the 13th overall pick, but there will be plenty of teams ahead of the Redskins that need a passer. Mobile will give the Redskins brass a chance to meet and learn who Mayfield is off the field, and that will be vitally important, along with figuring out if there are reasons to be concerned about his height on the pro football level. 
  • 2)  Josh Allen - Big arm and traditional pocket passer, Allen will ace the eyeball test from talent evaluators. His 2017 numbers from Wyoming will not, however, and he will need a strong showing at pre-draft workouts. Mel Kiper suggested Allen could go as high as No. 1 overall, and at 6-foot-5, 230 lbs., there is clearly not a lack of physical talent. In his last two seasons at Wyoming, Allen threw for more than 5,000 yards along with 44 TDs against 21 INTs. Don't try too hard to compare Mayfield and Allen's stats, as comparing the talent and situations at Oklahoma and Wyoming are wildy different. Many NFL scouts love Allen, but some worry about his accuracy. In college, he completed just 56 percent of his passes. He may be a boom or bust type pick, but after the success of Carson Wentz coming out of North Dakota State, teams will be more willing to roll the dice on the Wyoming Cowboy in Allen. 
  • 3) Mason Rudolph - Upstaged by Mayfield's success at Oklahoma, Rudolph put together a terrific season of his own at Oklahoma State. A prolific passer for three seasons in Stillwater, as a senior, Rudolph tossed 37 TDs against nine interceptions along with nearly 5,000 passing yards. At 6-foot-5, Rudolph faces no questions about NFL size, and he certainly has a strong enough arm to play in the pros. Rudolph won't be practicing at the Senior Bowl but is expected to interview with NFL teams. Redskins coach Jay Gruden has said before the interviews are arguably the most important part of the pre-draft process, and this could be a big meeting. Rudolph isn't expected to go quite as high as Allen or Mayfield, and could even be drafted in the back half of the first round. 

There will be other quarterbacks playing in Mobile, including Washington State's Luke Falk, Nebraska's Tanner Lee, Virginia's Kurt Benkert, Troy's Brandon Silvers, Western Kentucky's Mike White and Kyle Lauletta of the University of Richmond. There is some intrigue surrounding Lauletta and White, especially as small school QBs continue to thrive in the NFL and both passers have NFL size and play best from the pocket. Not for nothing, Bruce Allen played football at Richmond too. 

It's a little weird that both Allen and Mayfield are on the same team, splitting reps in practice and snaps in the game. Then again Allen might not even play, so it could be irrelevant. 

Stay with NBC Sports Washington throughout the week for updates from the Senior Bowl. 

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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Let's take a look at how Eagles fans celebrated Sunday's NFC Championship win

eaglesfans.jpg
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Let's take a look at how Eagles fans celebrated Sunday's NFC Championship win

Eagles fans are known for a lot of things, most tend to not be very positive.

Sunday, the internet made sure to help us all keep track of what was going on in Philly, before, during, and after the Eagles and Vikings played for the NFC Championship.

Let's take a look at how things progressed in the City of Brotherly Love.

In what has become the iconic symbol of Sunday's "celebrations", this poor fellow, according to TMZ, Andrew Tornetta, refused to comply with orders to disperse by police in the parking lot before the game.

Instead, according to the report, Tornetta punched a police horse twice in the right shoulder and then hit the human officer in the face, which is always a terrible decision.

Oh, and it's the second time in two weeks a police horse took a fist from a human in Philly. 

Fans also welcomed anyone wearing Vikings colors with class and, well, brotherly love.

Also before the game, the city decided to be proactive, and keep fans from climbing light poles if the Eagles won.

Of course, we knew what wouldn't stop them.

Sure enough, some fans were up to the Crisco Pole Challenge.

Others though, didn't need grease to have issues with a pole.

Some decided to create a new dance, which we're sure will catch on any day now.

There was also the classic dance-on-a-car move.

Oh, and let's not forget them letting the Vikings know they played a great game. 

Forget the Patriots and Eagles playing eachother in the Super Bowl.

The real matchup, is Patriots fans and Eagles fans.

May the best fanbase win.