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Need to Know: The cap implications of the Redskins cutting Chris Culliver

Need to Know: The cap implications of the Redskins cutting Chris Culliver

Here is what you need to know on this Tuesday, May 3, 10 days before the Washington Redskins hold their rookie minicamp.

Timeline

—The Redskins last played a game 114 days ago. It will be 132 days until they host the Steelers in their 2016 season opener.

Days until: Rookie minicamp 10; OTAs start 21; Redskins training camp starts 86

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The Redskins have indicated all offseason that they did not plan to let go of Chris Culliver despite his $8 million salary and unproductive, injury plagued 2015 season.

However, things change quickly. Within a span of seven days, the team signed Josh Norman to a big free agent contract and drafted Virginia Tech cornerback Kendall Fuller. Those acquisitions pushed Culliver, who is still rehabbing from a torn ACL he suffered on Thanksgiving Day, back to at least the third corner and maybe the fourth.

And whether it’s third or fourth, an $8 million salary is too much for that spot on the depth chart. So the Redskins decided to release him on Monday.

They released him with a post-June 1 designation. The Redskins haven’t done that in a while so here is what that means.

Culliver had three years remaining on the four-year contract he signed last year. He was paid a $5 million signing bonus so the cap charge was split with $1.25 million hitting each of the four years on the deal.

That means that the Redskins still have to account for $3.75 million in signing bonus. Had they cut him without the June 1 designation all of that would have hit their salary cap this year. You would subtract that from the $8 million they save by not having to pay his 2016 salary and the net cap savings would have been $4.25 million. The books on the Culliver contract would have been closed.

But the Redskins designed post-June 1. That means a couple of things. The cap charge for the last two years gets pushed to the 2017 cap. So they get $8 million in 2016 cap savings, his $9.25 million cap number minus the $1.25 million signing bonus proration. The signing bonus charge goes into this year’s dead cap. There will be a $2.5 million dead cap charge next year.

So they don’t “save” any money with the June 1 designation. The accounting for the money is all that changes.

There’s one other important thing to know. A catch of using the designation is that the player’s contract remains on the books until June 1. So the Redskins don’t immediately have any additional cap money available as a result of this move. The will have the $8 million credited to their cap on June 2.

It's important to note that the cap space being locked up will not prevent the Redskins from signing any or all of their draft picks. As I wrote here last week the Redskins will need about $1.4 million in net cap space to sign their draft picks. They currently have $4.2 million so they can make it with room to spare.

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A Redskin fan's guide to the NFL Draft Combine

A Redskin fan's guide to the NFL Draft Combine

This week in Indianapolis the NFL world will converge at the Scouting Combine to watch college football players work out, sprint and lift weights in anticipation of the upcoming draft. For the Redskins front office, this draft needs to be a win.

The 2016 Draft could still yield strong results for Washington, but overall the class did not play particularly well as rookies. This year, Scot McCloughan has nine picks at his disposal, with the extra picks late in the draft in the fourth, fifth and sixth rounds.

It's no secret that the 'Skins need help along the defensive line, a lot of help. That should be a major area of focus for the Redskins scouts and coaches, and that will make next Sunday arguably the most important of the week in Indianapolis. 

The combine divides players into 11 position groups, but Groups 7, 8 and 9 will matter most. Groups 7 and 8 represent defensive linemen and 9 are the linebackers. That group officially arrives on Thursday but won't work out on the field until Sunday. The days in between include interviews, psychological testing and the bench press.

Obviously the Redskins won't spend all nine picks on only defensive linemen. The team will likely invest in the offensive line as well, and that group will arrive earlier in the week and work out on Friday. Cornerbacks and safeties are the last to work out on Monday, March 6. 

With the likely departure of at least one of DeSean Jackson or Pierre Garçon, and the possible departure of both, it would make sense for the 'Skins to bring in another receiver via the draft. They work out on Saturday, and should the Redskins decide to take a quarterback in the draft, the passers will work out that day too. 

Running back could be another spot the 'Skins invest. Jay Gruden said that Robert Kelley is locked into the RB1 role, but still the team might want increased competition at the position. The backs will work out Friday.

<<<LOOKING AT REDSKINS DRAFT PROSPECTS>>>

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Why won’t Redskins brass talk to the media at the NFL Combine?

Why won’t Redskins brass talk to the media at the NFL Combine?

The NFL has released the official schedule of when NFL coaches and executives will take the podium and address the media at the NFL Combine in Indianapolis. You can find it right here but I’ll save you a click—nobody from the Redskins is scheduled to talk.

NFL teams are not required to have a representative speak at the combine but most do. This year only the Saints and Patriots are joining the Redskins in avoiding the media.

Bill Belichick never talks at the combine and I believe that the Saints have bypassed the opportunity to do so in the past. However, the Redskins head coach traditionally has gone to the podium in the past. Joe Gibbs spoke when he was in his second stint as the head coach. Mike Shanahan, as tight lipped as anyone, met with the press in Indy each of his four years as head coach. Jay Gruden has spoken during each of the three years that he has been head coach.

RELATED: NFL Mock Draft Version 3.0

And last year Scot McCloughan held a small media gaggle with local reporters in his hotel in Indianapolis.

This year the Redskins are going somewhat dark. McCloughan did not speak to reporters at the Senior Bowl (Gruden held a brief availability in Mobile), a departure from his first two years with the team. And now no Redskins representatives at the combine.

One of the problems with changing what has been a longstanding practice and going into radio silence is that it leaves people speculating. If the team doesn’t want to put any information out there that is the organization’s option. But if you choose not to fill in the blanks, the fans and media will.

So why aren’t they talking? The best bet is that they are in a delicate stage when it comes to dealing with the future of quarterback Kirk Cousins. He is a pending free agent who is likely to be hit with the franchise tag on Wednesday, the day before the combine starts. At that point, the clock will be ticking on Cousins either signing a long-term contract or getting traded to a team that is willing to meet his asking price. It’s my guess that Jay Gruden does not want to face questions about Cousins’ future.

More Redskins: #RedskinsTalk podcast: Is Kirk too nice for his own good?

Gruden is not a very good liar; his poker face needs a lot of work. Perhaps that is a good quality for a human being but not a very good attribute for someone who would need to go out and talk about Cousins as the long-term quarterback for the team, or at least the QB for the coming season, when his status may be very much in doubt.

This is not to say that there is definitely going to be a trade of Cousins worked out at the combine. But it is very possible that a deal will be discussed with Kyle Shanahan and the 49ers and any number of other quarterback-needy teams. And perhaps there is concern that Gruden will let something slip or, more likely, say a lot on the subject of Cousins by not saying anything.

Again, this is just reading the tea leaves on my part. But by going silent the Redskins are sending an invitation for people to fill in the blanks. I am just taking them up on it.

Stay up to date on the Redskins! Rich Tandler covers the team 365 days a year. Like his Facebook page Facebook.com/TandlerCSN and follow him on Twitter @Rich_TandlerCSN.