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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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Oddsmakers give Kirk Cousins favorable shot at 2017 NFL MVP

Oddsmakers give Kirk Cousins favorable shot at 2017 NFL MVP

There continues to be a (ridiculous) debate on whether or not Kirk Cousins can continue to be a successful starting quarterback for the Washington Redskins.

In the betting industry, there is not much debate with Cousins being listed with 50/1 odds to win the NFL MVP award this upcoming season from Bovada. Among all the other players listed, he is in a tie for 14th. 

He is coming off back-to-back seasons with seven 300 yard passing games, a team record, and has an abundance of fresh, young wide receivers to compliment his passing style. Last year he was third in the league in passing yards with 4,917, trailing only Drew Brees (5,208) and Matt Ryan (4,944). 

The team may not be poised for a Super Bowl run in 2017-18, but if the team makes a post-season run, who will it be on the back of? Jordan Reed? Rob Kelley? Ryan Kerrigan?

No, it will be Kirk Cousins. 

RELATED: Ex-GM outlines staggering contract for Kirk Cousins

Entering this season at 40-years-old, and defending Super Bowl MVP, Tom Brady is the overall favorite at 4/1. He is closely followed by Aaron Rodgers, and young quarterbacks Derek Carr and Dak Prescott. 

BOVADA 2017-18 NFL MVP ODDS:

Tom Brady, NE — 4/1
Aaron Rodgers, GB — 7/1
Derek Carr, OAK — 9/1
Dak Prescott, DAL — 12/1
Ben Roethlisberger, PIT — 12/1
Russell Wilson, SEA — 12/1
Matt Ryan, ATL — 16/1
Ezekiel Elliott, DAL — 20/1
Drew Brees, NO — 25/1
Andrew Luck, IND — 25/1
Cam Newton, CAR — 25/1
David Johnson, ARI — 33/1
Marcus Mariota, TEN — 33/1
Sam Bradford, MIN — 50/1
Antonio Brown, PIT — 50/1
Kirk Cousins, WAS — 50/1
Julio Jones, ATL — 50/1
Eli Manning, NYG — 50/1
Carson Palmer, ARI — 50/1
Adrian Peterson, NO — 50/1
Philip Rivers, LAC — 50/1
Matt Stafford, DET — 50/1
Odell Beckham Jr., NYG — 66/1
Rob Gronkowski, NE — 66/1
Alex Smith, KC — 66/1
Ryan Tannehill, MIA — 66/1
J.J. Watt, HOU — 66/1
Jameis Winston, TB — 66/1
Blake Bortles, JAX — 100/1
Andy Dalton, CIN — 100/1
Joe Flacco, BAL — 100/1
T.Y. Hilton, IND — 100/1
Marshawn Lynch, OAK — 100/1
LeSean McCoy, BUF — 100/1
Von Miller, DEN — 100/1
DeMarco Murray, TEN — 100/1
Carson Wentz, PHL — 100/1

RELATED: After Derek Carr deal, Cousins' best option may be short-term

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True or False: Rob Kelley will be Redskins leading rusher

True or False: Rob Kelley will be Redskins leading rusher

Robert Kelley emerged as the Redskins top running back in 2016, an incredible story of an undrafted guy working his way to the top. Of course, Matt Jones' problems with fumbling helped push Kelley to the top. 

Redskins coach Jay Gruden speaks highly of Kelley, particularly his fluidity and vision, but the team drafted Samaje Perine in the fourth round this year to provide additional competition in the backfield.

Here's the crucial statement: Rob Kelley will lead the Redskins in rushing yards in 2017.

Finlay: True.

Kelley averaged 4.2 yards-per-carry last season and the Redskins ground game is very much centered on a "4 or more" philosophy. Washington running backs coach Randy Jordan joined the #RedskinsTalk podcast and explained that the team wants a runner it can count on for positive yards more than creating big plays. The Redskins offense, as designed by Gruden, sets up for big plays in the pass game, and the run should allow for proper use of play action. 

In just nine starts last year, Kelley gained more than 700 yards. Project that out over 16 games, and he would be over 1,000 yards rushing. Perine has much to learn about the NFL, and understanding pass protections will take time for the rookie out of Oklahoma. Chris Thompson will be a key part of the offense, but much of his yardage will come via the pass game. 

Kelley will lead this team in rush yards. He's looked great in OTAs and minicamp while the coaching staff believes Kelley is in much better shape this year than he was as a rookie. Write it down in pen. 

RELATED: How will Kelley and Perine share the carries?

Tandler: True.

After the draft and during rookie camp I was saying that there was a chance that Perine could lead the team is rushing this year. But after seeing Perine playing with the big boys in OTAs and minicamp it’s apparent that he has a long way to go to become a consistently productive running back.

One thing Kelley seems to have going in his favor is that he has a very sensible outlook on the NFL. As JP noted, Kelley showed up to Redskins Park in better shape than he did as a rookie. This indicates to me that he understands that being an NFL players is a year-round job. Staying in great shape is important in the league but at running back it’s vital. Kelley gets that and because he does, his chances of being available for 16 games are much higher.

In turn, that improves his chance of being the team’s leading rusher. I’m not sure if he’ll get 1,000 yards—Perine will get things figured out enough to take some carries before the season gets too old—but Gruden will make sure that he gets fed plenty as long as he is available. 

<<<NFL POWER RANKINGS: WHO GOT BETTER AFTER THE DRAFT>>>

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