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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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The gesture by the Redskins was one filled with much respect for the award-winning anchor.

Vance was a staple for many D.C. locals, being a full-time anchor since 1972 for NBC4. 

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LIVE Redskins training camp practice report: Day 1

LIVE Redskins training camp practice report: Day 1

RICHMOND—The Redskins took the field for their first practice of the season. Jordan Reed is missing as was the usual stifling heat at the Bon Secours training center.It's warm but the humidity is down from the normal late-July sauna here. 

Here are my observations from practice as it unfolds. Come back and refresh often for the latest:

—Jamison Crowder still appears to be the No. 1 punt returner. Also fielding kicks off of the leg of Tress Way were Maurice Harris, Chris Thompson, and Will Blackmon. 

—The Redskins are practicing without pads per collective bargaining rules. A few are wearing shells. 

—New tight end EJ Bibbs just introduced himself to Vernon Davis as they were getting ready for some individual drills. Reminds me of a few year ago when a just acquired player was participating in stretching and they brought his contract out onto the field for him to sign. He wouldn’t have been able to practice otherwise. 

—Kirk Cousins just acknowledged a fan lined up near the sideline. ‘How’s it going, Derrick?” Derrick’s friends were properly impressed. 

—Maurice Harris showed good form in catching a Cousins pass over the middle against no defense. Nothing spectacular but but a good job reaching forward to pull in a pass that was ahead of him. 

—Harris with another nice catch, this time guarded over the middle by Will Blackmon. He is off to a good start in competing for playing time.

—Torian Gray is admonishing his defensive backs to “wake up, wake up.” On one rep he wanted Tevin Homer to “drive to the ball.”

—It looked like Josh Doctson had a step on Bashaud Breeland on a deep pass but the CB recovered and knocked the pass away. 

—A few plays later Doctson got deep again, this time against Quinton Dunbar. This time the CB couldn’t catch up and Doctson hauled in the pass.

—In the early going in 11 on 11, Will Compton and Mason Foster are the inside LBs with the first team and Joey Mbu is at nose tackle. Both situations could change over the course of the next few weeks. 

—Nice cut by Keith Marshall on a run around right end. He planted his foot and cut upfield with some serious burst. He’s a dark horse when it comes to making the roster but I’m keeping an eye on him. 

—Cousins with a dart to Terrelle Pryor along the sideline. A sharp and accurate throw. 

—Rain is approaching but it should hold off until practice is over. Meanwhile, the clouds and breeze are cooling things down. Nobody is complaining.  

—Pryor was assigned to block Josh Norman on a running play. Norman made a business decision not to contest the block and there was light contact as Norman backed down the field.

—Rookie Robert Davis made a solid back-shoulder catch on the sideline. I’m not sure if Colt McCoy intended for the pass to be back shoulder but that was where it went and Davis reached to make the grab. 

—What was that? Nate Sudfeld heaved one downfield to nobody in particular. Kendall Fuller got an easy interception, his second of the day. 

—That is from Richmond for today. Come on back tomorrow, we’ll do it again.