The Redskins should have a substantial amount of salary cap room to work with as Scot McCloughan works to continue to rebuild a team that has been struggling for most of the last 25 years.
As of right now, the Redskins have $142.3 million in salary cap expenditures on the books for 2016 (cap information via Over the Cap). The cap for next year is expected to increase from $143.8 million to somewhere in the vicinity of $150 million. In the last few years, the early estimates on the year over year cap increases have proven to be too conservative so the ’16 cap could well be more than $150 million. But that is the number we will use for the calculations here.
So at first glance the Redskins have only about $7.7 million in cap space but there are plenty of adjustments that need to be made here. The first one is going to subtract from the available space. As of now, they have 47 players under contract for 2016. When the league year starts on March 9 the top 51 cap numbers on the books will count the limit. To account for this we will add four players at 2016 first-year minimum salaries of $445,000. That will bring their expenditures up to $144.1 million and their cap space down to $5.9 million.
Now we can start adding to the cap space. There are currently about $7 million under the cap for this year and they will be able to roll any unspent money into their 2016 cap. They may have to spend some of that $7 million if any more players wind up on injured reserve since they would have to sign replacements. So let’s go with $6 million getting rolled over into next year, giving them $11.9 million in 2016 cap space.
Now let’s look at possible salary cap cuts. One player whose current contract certainly won’t be on the books next year is Robert Griffin III. His option year salary is occupying $16.1 million in next year’s cap. It seems highly unlikely that he will be back next year but even if he is it won’t be at his option year salary. He will be released before the salary becomes fully guaranteed on March 9, freeing up that cap space and putting the Redskins at $28 million.
Griffin is unlikely to be the only cap casualty. Here are some players who look like they could be candidates to be released due to some combination of salary, age, health, and performance.
Player-age 2016 opening day-net cap savings
- WR DeSean Jackson, 29, $6.7 million
- S Dashon Goldson, 32, $8 million
- DE Jason Hatcher, 34, $4.2 million
- CB DeAngelo Hall, 32, $3.4 million
- WR Andre Roberts, 28, $3.0 million
If the Redskins release all of the players—and in reality they probably will release some, keep some, and negotiate salary reductions for some—they would take another $25.3 million off of their cap. That means that they potentially could go into the league year with $53.3 million in cap space.
They will have to use some of that cap space to sign some of their own free agents (post on that coming tomorrow). But their two high-dollar players, Kerrigan and Williams, are already accounted for. And, again, not all of the potential cap casualties will actually be released. In any case, the Redskins will have plenty of flexibility and a lack of cap space will not be an obstacle towards McCloughan accomplishing what he believes he needs to do.