Lurker Posted March 14, 2006 Share Posted March 14, 2006 Seven-year contracts? Wow. NFL.com linky Much of the NFL is wondering how the Redskins are doing it. The simple answer is with Daniel Snyder's cash. The Redskins are prorating the huge signing bonuses they're handing out over the life of the contract, usually seven years, softening the blow the team has to take this season. It can give Randle El $11.5 million of bonuses, as it did, and soften the blow by pro-rating it over seven years. It can give Carter a $9 million bonus and pro-rate it over six years. It's like a credit card -- putting off paying the full bill now, but knowing it's going to come due later. But for now, Snyder's money and the big bonuses enable Washington to be the New York Yankees of the NFL, buying whatever it wants to help the Redskins to return to the Super Bowl. At this point, they clearly are one of the NFC favorites. Link to comment Share on other sites More sharing options...
Mike32282 Posted March 14, 2006 Share Posted March 14, 2006 Seven-year contracts? Wow. NFL.com linky Much of the NFL is wondering how the Redskins are doing it. The simple answer is with Daniel Snyder's cash. The Redskins are prorating the huge signing bonuses they're handing out over the life of the contract, usually seven years, softening the blow the team has to take this season. It can give Randle El $11.5 million of bonuses, as it did, and soften the blow by pro-rating it over seven years. It can give Carter a $9 million bonus and pro-rate it over six years. It's like a credit card -- putting off paying the full bill now, but knowing it's going to come due later. But for now, Snyder's money and the big bonuses enable Washington to be the New York Yankees of the NFL, buying whatever it wants to help the Redskins to return to the Super Bowl. At this point, they clearly are one of the NFC favorites. 628089[/snapback] And that is the one thing wrong with the NFL. It gives a major advantage to the richest teams. Link to comment Share on other sites More sharing options...
Billsjunkie Posted March 14, 2006 Share Posted March 14, 2006 The skins have always done this and where has it gotten them? Personally I like the fact that Marv isnt going after the "stars" of FA. There is something to be said about character and unity. With all those guys getting paid like theres no tomorrow what makes you think there going to lay there bodies on the line and play every down? I think spending sprees do nothing but hurt a team. Link to comment Share on other sites More sharing options...
Chicken Wing '73 Posted March 14, 2006 Share Posted March 14, 2006 Snyder can't hold his load any year free agency starts. He's mortgaging the future of that franschise yet again. Dark days will lye ahead for the Skins. How mad would you be if you were on the Skins and you just restructered your deal and they went out and blew all the money they saved on you. Plus aside from the mediocore big names they sign when free agency begins they really have a pretty plain roster. Link to comment Share on other sites More sharing options...
dave mcbride Posted March 14, 2006 Share Posted March 14, 2006 Snyder can't hold his load any year free agency starts. He's mortgaging the future of that franschise yet again. Dark days will lye ahead for the Skins. How mad would you be if you were on the Skins and you just restructered your deal and they went out and blew all the money they saved on you. Plus aside from the mediocore big names they sign when free agency begins they really have a pretty plain roster. 628651[/snapback] since it happens every year without fail, i'm no longer believing that this will ever come back and bite snyder. the cap goes up about $7 mill every year, and creative cap management (for which a huge and ready cash flow is necessary) solves all problems for the forseeable future, it seems. Link to comment Share on other sites More sharing options...
Steven in MD Posted March 14, 2006 Share Posted March 14, 2006 since it happens every year without fail, i'm no longer believing that this will ever come back and bite snyder. the cap goes up about $7 mill every year, and creative cap management (for which a huge and ready cash flow is necessary) solves all problems for the forseeable future, it seems. 628824[/snapback] That is the key for Snyder. He believes (and has been right so far) that the cap will increase at an annual rate the is higher than the amortized bonuses. Link to comment Share on other sites More sharing options...
dave mcbride Posted March 14, 2006 Share Posted March 14, 2006 That is the key for Snyder. He believes (and has been right so far) that the cap will increase at an annual rate the is higher than the amortized bonuses. 628835[/snapback] yep. here's the progression of the cap since its inception: 1994: $34.6 million 1995: $37.1 million 1996: $40.7 million 1997: $41.4 million 1998: $52.3 million 1999: $58.3 million 2000: $62.1 million 2001: $67.4 million 2002: $71.1 million 2003: $75.0 million 2004: $80.5 million 2005: $85.5 million 2006: $102.0 million 2007: $109.0 million Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted March 14, 2006 Share Posted March 14, 2006 Well, at least we beat them to Royal! Link to comment Share on other sites More sharing options...
scribo Posted March 14, 2006 Share Posted March 14, 2006 Well, at least we beat them to Royal! 628896[/snapback] We get it, SixPack. You love Royal! Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted March 14, 2006 Share Posted March 14, 2006 We get it, SixPack. You love Royal! 628903[/snapback] No, what I love is yet another offseason of avoiding the elephant in the room that is our putrescent OL. Royal just happens to be an easy target. Link to comment Share on other sites More sharing options...
dave mcbride Posted March 14, 2006 Share Posted March 14, 2006 Well, at least we beat them to Royal! 628896[/snapback] are you sure they're not thinking of converting him to tackle? Link to comment Share on other sites More sharing options...
Pine Barrens Mafia Posted March 14, 2006 Share Posted March 14, 2006 are you sure they're not thinking of converting him to tackle? 628980[/snapback] I wouldn't put it past the "brain trust". Link to comment Share on other sites More sharing options...
Nostradamus Posted March 14, 2006 Share Posted March 14, 2006 And everyone wanted to demonize Ralph. It turns out, out of the small market teams, Ralph and Mike Brown were the only ones who truly sensed the repercussions the new CBA would have, even if he didn't fully "understand them." Incidentally, doesn't this free agent season resemble major League baseball, with the Redskins emulating the Yankees by getting the big-money free agents, and the Bills resembling the Royals by grabbing whatever players were left on the scrap heap? Link to comment Share on other sites More sharing options...
Recommended Posts