CSNWashington reported yesterday that the Washington Redskins have roughly $26 million in cap space. The franchise currently has $93 million tied to contracts. Once the new CBA is in place the cap is expected to increase to $120 million. That will leave the Redskins $26 million dollars in cap space. That is plenty of room to allow them to be aggressive.
Expect that number to increase, however. If Donovan McNabb and Albert Haynesworth are dealt away from the team the Redskins will then have $34 million in cap space. That will be more than enough for the high spending Dan Snyder.
Keep in mind that not all of the money will be used to sign free agents. The Redskins still need to sign the twelve players drafted this past year. They will also need to look at extending contracts for players such as London Fletcher and LaRon Landry.
If the Redskins want to go out and acquire Santonio Holmes they will be able to. Keep in my mind that the Jets may have the right of first refusal which would surely stop the 'Skins from acquiring him. If the Redskins play their cards right, they could sign multiple quality free agents. The coming weeks should be crazy.