Since we have a break for the bye week, we have a chance to take a peek at the landscape surrounding the Redskins in 2015. Yesterday we looked at the pending free agents. Here we see how much money they might have to re-sign the guys they want.
The Redskins have a lot of needs to address after this season and the good news is that they will be in decent cap shape to get some things done.
Projecting what the spending limit is has been difficult lately as it tends to keep rising. As of now, most estimate that the cap will be $140 million. It could end up higher but it’s unlikely to end up any lower than that so well use that number for the purposes of the discussion here.
As of right now the Redskins have a 2015 cap number of $121.6 million. That leaves them with cap space of $18.4 million. But to get a realistic figure, we have to subtract some.
The Redskins have 42 players under contract. By the time they start counting the cap at the start of free agency in March they will have 51 players counting against the cap. The nine that they add are likely to be younger, inexperienced players. We’ll estimate that the nine additions will make the second-year minimum salary on average. In 2015 that will be $585,000 so we need to back $5.3 million out of the available space.
That brings the projected cap space down to $10.1 million. That’s comfortable but it won’t get you much to help your team in 2015. The chances are pretty good that the organization will release some players to clear up some cap room.
Here are some players who could be cap casualty candidates. This is based strictly on factors like age and size of cap hit; there is no indication from the organization that any or all of these players are going to released.
- DE Stephen Bowen—$8.02 million total cap/$5.5 million net savings
- NT Barry Cofield—$7.7 mm cap/$4.1 mm savings
- CB DeAngelo Hall—$4.8 mm cap/$2.4 mm savings
- G Chris Chester—$4.8 mm cap/$4.0 mm savings
- C Kory Lichtensteiger—$4.3 mm cap/$2.7 mm savings
- G Shawn Lauvao—$4.0 mm cap/$1.0 mm savings
- CB Tracy Porter—$3.8 mm cap/$2.8 million savings
If the Redskins were to make all of these moves—and the chances to they do so are slim—they would save a net of $22.5 million, giving them cap space of over $30 million to work with. Again, they won’t release all of these players but some of them likely to go.
The organization also could create some space by negotiating reworked deals with some of their older players.