Monday, March 12, 2012

Redskins Face Cap Penalty

To be specific, this is not being called a "violation". This is more of a..."to be fair" moment.

Today it was reported by ESPN's Adam Schefter that the Washington Redskins will be docked $36 million in cap space due to what is being called "front loading" of capped space during the uncapped year. The Redskins will be allowed to split it between 2012 and 2013.

In 2010, the team readjusted the contracts of DeAngelo Hall and Albert Haynesworth to charge the amounts of $15 and $20 million to the uncapped year instead of future years. In doing so, the Redskins eventually saved themselves $36 million in cap space. (According to Rich Tandler)

Tandler makes sense. Those two moves happened during the uncapped season and allowed the Redskins to save a ton of money. Both contracts also add up to the $36 million cap hit.

This was all done even after the Redskins were warned by the league that they could face penalties further down the road.

The Dallas Cowboys were also docked $10 million for similar moves made during the uncapped season. The money taken from the two organizations will now be split between the 30 other NFL franchises.

The Redskins are coming into this free agency $35 million under the salary cap limit. They have the option to split the penalty between 2012 and 2013. They have not yet made known how they will split the penalty. Free agency starts tomorrow at 4 PM.