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Redskins salary cap outlook: Would a Cousins contract be a cap killer for the Redskins?

Redskins salary cap outlook: Would a Cousins contract be a cap killer for the Redskins?

The Redskins have found their offensive and defensive coordinators and they are ready to get on with the business portion of the offseason. The big question between now and the middle of March is how they will divvy up their $62 million in cap space. Here we’ll take a position-by-position look at the cap situation and explore some of the Redskins’ options. 

Cap info via www.OverTheCap.com

The Redskins currently have these quarterbacks under contract.

—Colt McCoy, 2017 cap hit $3.6 million, under contract through 2018
—Nate Sudfeld, $574,334, through 2019

Free agent: Kirk Cousins

RELATED: #RedskinsTalk podcast: Couins contract and more

Notes:

—We’ll look at the Cousins situation below.  

—McCoy is in the second year of a three-year, $9 million contract he signed last year. His salary is $2.8 million this year and in 2018. The last year of the contract will void f he plays more than 65 percent of the snaps this year. What that means is that if Cousins either isn’t here or is unavailable and McCoy starts enough games he will be a free agent in 2018

—Sudfeld is in the second year of his four-year rookie contract.  

Positional spending

2016: $22.8 million, 8th in NFL
2017: $2.8 million, 29th in NFL

Adding and subtracting:

Do the Redskins keep Cousins and if they do how do they do it?

The franchise tag option is simple. If Cousins gets tagged his salary would be 120 percent of his 2016 cap number of $19.94 million. That comes to $23.93 million.

The percentage multiplier comes into play because a player getting tagged gets either the tag salary, which is around $21 million for quarterbacks this year, or 120 percent of his previous season cap number, whichever is higher. Cousins makes out better with the multiplier so that would be his salary.

The salary is fully guaranteed when Cousins signs the tender and the entire amount counts against the current salary cap.

RELATED: #RedskinsTalk Podcast - It's tag day

It should be noted that the exclusive tag, which would not allow Cousins to negotiate with other teams, likely would cost the same as the non-exclusive tag due to the 120 percent rule.

What if the Redskins sign Cousins to a contract? While the details are important, for the sake of seeing how much salary cap a Cousins contract might consume, we can look at some possible annual cap numbers. Using the contract extension that Andrew Luck signed a year ago as a guideline and adjust the numbers downward about $2 million per year, here are some possible cap hits for a $22 million per year Cousins contract and how much of the cap the contract will consume with an estimated annual cap increase of eight percent.

2017 cap hit $17.4 million, 12.1% of cap
2018 $22.4 million, 12.3%
2019 $25.5 million, 13.0%
2020 $26.4 million, 12.5%
2021 $19 million, 8.4%

The cap numbers are the estimated $168 million this year and projected increases of eight percent per year after that would have the cap numbers at $181 million, $195 million, $210 million, and $226 million in 2021. It should be noted that the CBA expires after the 2020 season so the cap structure could change.

Since the Redskins have a lot of cap room this year they could choose to structure the deal to have more of the money hit the cap in 2017 and reduce the impact later on to give them more flexibility.

Certainly, paying 12 to 13 percent of your available salary cap space to a player to represents 1.9 percent of the players on the roster (1 of 53) make things a little more difficult. It would mean that the Redskins would have to draft well and get productive snaps out of players who are on their rookie contracts. They also need to pick and choose some of their draft picks to extend when the time is right. A few other players can have big contracts but obviously, the number must be limited.

More Redskins: Will the Redskins keep Garçon?

If they put the tag on Cousins and then trade him and go with McCoy and Sudfeld at quarterback, they will have about $64 million in cap space to work with. They would be smart to put some of that aside for the future since at some point the organization is going to have to pay a quarterback big money and figure out how to assemble the rest of the team.  

If the Redskins sign Cousins to a deal similar to the example above, they would still have $47 million in cap space and the ability to create about $10 million more with releases and renegotiations plus nine draft picks to try to improve last year’s team. That is not a bare cupboard for the organization to work with.

Salary cap outlook series

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.

 

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QB run will come at NFL Draft, but when it happens matters most for Redskins

QB run will come at NFL Draft, but when it happens matters most for Redskins

Quarterbacks will come off the board in the first round of the NFL Draft Thursday night. That much is certain. Where those quarterbacks come off the board, however, matters much more for the Redskins. 

Mitchell Trubisky will be the first passer off the board, and depending on the information, he could be drafted as high as the first overall pick, and will certainly go early.

Trubisky, though, seems like the only certainty of a QB going early. Questions plague guys like Deshaun Watson and Patrick Mahomes. Those guys could all go in the first half of the draft, but they could all slide into the 20s as well. 

For Washington, the earlier quarterbacks get drafted the better. It seems highly unlikely the Redskins make a draft day trade of QB Kirk Cousins, limiting hardly any interest in a first-round passer.

The more passers that go before the 'Skins pick at 17 means the more high-quality players slide down the draft board. Look around the internet at lists of the best prospects available. Hardly any signal callers crack the Top 20, but the positional need at QB demands the position be overdrafted.

Though the Burgundy and Gold continue to slow-play contract talks with Cousins, he is under contract for 2017 and the team holds an option for 2018. That means Bruce Allen can sit in his draft room and potentially be a trade partner for a team that wants to land a QB, or just wait patiently and watch as they come off the board and send other desirable prospects closer to 17.

<<<LOOKING AT REDSKINS DRAFT PROSPECTS>>>

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Need to Know: Redskins’ needs line up well with the strength of the draft

Need to Know: Redskins’ needs line up well with the strength of the draft

Here is what you need to know on this Wednesday, April 25, one day before the April 27 NFL draft.

Timeline

Days until:

—Redskins rookie camp (5/12) 16
—Redskins OTAs start (5/24) 28
—Training camp starts (7/27) 92
—Redskins opener vs. Eagles (9/10) 137

Wrapping up the Redskins pre-draft presser

We’ve looked at a some of what Redskins college scouting director Scott Campbell said during his pre-draft press conference on Monday, covering possible trades, who makes the final call on those trades, and how the organization handles character issues. Here are a few more bullet points from Campbell’s presser:

—Asked if the Redskins would draft to fill needs or take the best available player, Campbell gave the stock answer. “I guess as you asked the question, you kind of framed it and the way I’m going to frame the answer, and the age-old answer of ‘I’m going to take the best player available,’” he said “And if that serves your needs, that’s a bonus.” So, there you go. That said, don’t be surprised if the best players as defined by the Redskins in the first few also happen have the “bonus” of filling one the team’s top two or three needs.

—The needs could line up well because the strength of the draft as Campbell sees it coincides with side of the ball where the Redskins need the most help. “Well, I’m excited because I think it’s one of the strongest, deepest classes on the defensive side of the ball that I’ve seen,” he said. “I’ve told the guys upstairs I’m excited because we’re going to get better . . . And several different positions – sometimes it’s just maybe defensive line or outside backers or corners. Across the board on defense, I’m really excited about the class and the guys we’re going to bring in are going to help us.”

—The draft board is still used after the draft ends and the scramble for undrafted free agents starts up. “There’s going to be guys left on the bottom of that board that didn’t get drafted that we had rated as draftable,” said Campbell. “So that’s our No. 1 targets. I assign a scout to all the coaches, and really the coaches talk to the players – once the draft ends, let me be clear, it’s after the draft ends when we start making calls – the scouts are on the phone with the agent finding out what our competition is, how much.” Campbell said that money isn’t much of a factor in recruiting the undrafted players; selling opportunity is the key.

—The draft board was influenced by former GM Scot McCloughan but adjustments have been made since he was fired in early March. “Well, he certainly had influence on it because we all met as we always did the last couple of years and every team does. You meet right after the all-star games before you go to the combine and kind of get an initial ranking of how you like the guys. Of course Scot hadn’t been here since, so just like when he was here before, there’s adjustments being made to the board with the new information.”

—The 2016 draft class did not contribute a lot but does not mean that there is more pressure on the organization to do better this year. The pressure is always there regardless. “Always pressure. Every year’s pressure,” said Campbell. “I grew up in an NFL household. My dad was a coach and a player for 40 years. Pressure every year to perform, that’s what the NFL is. You’ve got to perform every year.” His father was Marion Campbell who played in the NFL for eight years and then coached for 21 seasons including stints as the head coach of the Eagles and Falcons.

—Campbell also asked for a little patience with the 2016 draft class, citing a group from a few years ago. “It takes a couple of years to develop a class,” said Campbell. “People are saying the ‘14 class had some success. Well, if I read articles and see what happened and what was said right after that draft, our grades in the mock drafts were not very good. It takes time. Morgan Moses didn’t start his first year, you know, but he’s come on to be one of the best right tackles in the league. That’s my opinion anyway. It takes time to develop. I still think with time, that class [2016] will be just fine.” I guess I buried the lede here—Campbell reads draft grades.

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.

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