Cut bait. Sunk cost. Under water.
Whatever the term might be, all industries deploy a certain phrase for wasted money. In the NFL, that term is dead cap, or the salary cap space a team must allocate for a particular player that has been cut or traded.
In the specific case of the Redskins, the team carries more than $5.2 millon in dead cap space. Where did it come from? Who's to blame? Let's take a look.
Terrell McClain ($3.75M) - The Redskins signed McClain away from the Cowboys early in the 2017 free agency period. The move wasn't quite a disaster, but it wasn't very good. Washington gave McClain a four-year deal worth $21 million, and paid out nearly $7.5 million for the 2017 season. McClain never played well for the Redskins, started just two games and this offseason he agreed to give up a significant chunk of guaranteed money. Without that move from McClain, this cap hit would have been much worse.
Su'a Cravens ($711k) - The money isn't as big of a loss as the talent. The Redskins selected Cravens in the second round of the 2016 Draft and he showed promise as a rookie while also dealing with injuries. In 2017, however, things fell apart as Cravens dealt with a training camp injury, discussed retiring from football and eventually found himself on the reserved/left squad list for the season. Prior to the 2018 Draft, the Redskins worked a deal to send Cravens to Denver for an additional fifth round pick as well as swapping picks.
Kendall Fuller ($360k) - A promising young cornerback, the Redskins traded Fuller to Kansas City this offseason as part of a package to acquire QB Alex Smith. Losing Fullers stings — even head coach Jay Gruden admitted that — but Washington had to find a quarterback after the long-discussed Kirk Cousins saga veered toward, and eventually ended in, separation.
Matt Jones ($150k) - One of the worst Redskins draft picks in the last five years, Washington reached for Jones in the third-round in 2015. As a rookie, Jones looked like a solid contributor, but in the 2016 season he developed a bad fumbling habit and found his way to the bench. From there, things got worse, as Jones ended the season on the inactive list after a squabble about playing special teams. In 2017, Jones was cut. He signed with the Colts, where he played in just five games and was cut earlier this year. This offseason, Jones signed with the Eagles.
Arie Kouandjio ($130K) - This is a weird one. Kouandjio was selected by the Redskins in 2015, and cut by the team in 2017. The dead money comes from that rookie deal. When Washington brought Kouandjio back late in the 2017 season off the Ravens' practice squad, the dead money from the rookie deal remained. Now, Kouandjio is injured and a candidate to start the 2018 season on the PUP list or maybe even the IR.
Robert Davis ($103k) - Drafted as a sixth-rounder in 2017, Davis did not make the team leaving training camp. Even though he got signed to the practice squad, the dead money tolls from the rookie deal.
Nate Sudfeld ($69k) - A late-round developmental prospect from the 2016 draft, Sudfeld made the team as a rookie but couldn't survive cuts in 2017. Quickly signed by the Eagles, Sudfeld ended up as the backup quarterback in Philadelphia's improbable Super Bowl run earlier this year. Dead money on the Redskins cap, but a Super Bowl ring in Philly. Strange.
Tyler Catalina and Kevin Bowen account for about $12,000 in dead cap space as well.
MORE REDSKINS NEWS:
Don't forget to subscribe to the #RedskinsTalk podcast, hosted by JP Finlay.
Click here for the #RedskinsTalk on Apple Podcasts, here for Google Play or press play below.