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[SIZE=+1]Restructuring contracts to free up cash could cost Washington later
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[SIZE=-1]10:25 PM CST on Sunday, March 26, 2006
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[SIZE=-1]By TODD ARCHER / The Dallas Morning News[/SIZE]
IRVING – You ask the question every March: How in the world are the Commanders, with owner Daniel Snyder's checkbook, signing all of these free agents?
You think they must be circumventing the NFL salary cap.
This year, the Commanders added wide receivers Antwaan Randle El, safety Adam Archuleta and linebacker Andre Carter and traded for wide receiver Brandon Lloyd. Randle El and Carter received six-year deals for $30 million. Archuleta will receive $31.8 million over six years.
Add tight end Christian Fauria and quarterback Todd Collins, and all those moves cost the Commanders about $10 million against the $102 million 2006 salary cap.
How do they do it?
Restructure, restructure, restructure.
Washington has converted $13.5 million in roster bonuses into signing bonuses, clearing $10 million in cap room. It received $4.4 million when linebacker LaVar Arrington went away. It has restructured the contracts for linebacker Marcus Washington and defensive tackle Cornelius Griffin.
Washington turned a $2.5 million roster bonus into a signing bonus, prorating that money over the final four years of his contract. While it lowered his cap figure this year to $3.2 million, it will raise his cap figures in the final three years by roughly $625,000 a year.
More than most teams, the Commanders needed a new collective bargaining agreement for 2006. Washington was more than $20 million over the proposed $94.5 million cap but was saved when a deal was struck with the NFL Players Association, raising the cap to $102 million.
The Commanders were ready to rework the contracts of quarterback Mark Brunell, defensive end Renaldo Wynn, tackle Jon Jansen, guard Randy Thomas, cornerback Shawn Springs and running back Clinton Portis if no CBA was reached. They could still revisit those deals if they need or want more room.
Cowboys owner and general manager Jerry Jones could have resisted a new CBA, without which his chief rival would have been confined to salary-cap jail for 2006. But that would not have benefited the NFL in the long run.
The Commanders' spending does create problems, such as having players no longer on the roster counting against a current cap. Eventually, the Commanders will have to pay a price against the cap for paying these prices for players now.
At least that's what their opponents hope.
But remember this: All it has gotten the Commanders is one playoff victory since Snyder bought the team in 1999.
E-mail tarcher@***BANNED-URL***
[/SIZE]
[SIZE=-1]10:25 PM CST on Sunday, March 26, 2006
[/SIZE]
[SIZE=-1]By TODD ARCHER / The Dallas Morning News[/SIZE]
IRVING – You ask the question every March: How in the world are the Commanders, with owner Daniel Snyder's checkbook, signing all of these free agents?
You think they must be circumventing the NFL salary cap.
This year, the Commanders added wide receivers Antwaan Randle El, safety Adam Archuleta and linebacker Andre Carter and traded for wide receiver Brandon Lloyd. Randle El and Carter received six-year deals for $30 million. Archuleta will receive $31.8 million over six years.
Add tight end Christian Fauria and quarterback Todd Collins, and all those moves cost the Commanders about $10 million against the $102 million 2006 salary cap.
How do they do it?
Restructure, restructure, restructure.
Washington has converted $13.5 million in roster bonuses into signing bonuses, clearing $10 million in cap room. It received $4.4 million when linebacker LaVar Arrington went away. It has restructured the contracts for linebacker Marcus Washington and defensive tackle Cornelius Griffin.
Washington turned a $2.5 million roster bonus into a signing bonus, prorating that money over the final four years of his contract. While it lowered his cap figure this year to $3.2 million, it will raise his cap figures in the final three years by roughly $625,000 a year.
More than most teams, the Commanders needed a new collective bargaining agreement for 2006. Washington was more than $20 million over the proposed $94.5 million cap but was saved when a deal was struck with the NFL Players Association, raising the cap to $102 million.
The Commanders were ready to rework the contracts of quarterback Mark Brunell, defensive end Renaldo Wynn, tackle Jon Jansen, guard Randy Thomas, cornerback Shawn Springs and running back Clinton Portis if no CBA was reached. They could still revisit those deals if they need or want more room.
Cowboys owner and general manager Jerry Jones could have resisted a new CBA, without which his chief rival would have been confined to salary-cap jail for 2006. But that would not have benefited the NFL in the long run.
The Commanders' spending does create problems, such as having players no longer on the roster counting against a current cap. Eventually, the Commanders will have to pay a price against the cap for paying these prices for players now.
At least that's what their opponents hope.
But remember this: All it has gotten the Commanders is one playoff victory since Snyder bought the team in 1999.
E-mail tarcher@***BANNED-URL***