Wednesday, June 3, 2009

The Redskins re-structures Santana Moss's contract

This has been a great week for Santana Moss. He celebrated his 30th birthday yesturday, and then today, the Redskins restructured his contract to pretty much create more cap space that was used to release Jon Jansen last Friday according to Profootball talk.

"Per the source, the Redskins converted his base salary of $3.7 million in 2009 and $4.3 million in 2010 into a signing bonus, less salaries of $745,000 this year and $968,500 next year.

The difference is a guaranteed payment of $6.28 million.

The new deal adds three additional seasons beyond 2010, at base salaries of $1.192 million in 2011, $1.4155 million in 2012, and $1.639 million in 2013. But we’re told that the three new years automatically void at the end of the 2010 season.

So why were the new years added? To allow the guaranteed payment to be spread over five years.

As a result, the total cap savings was $1.7477 million. And the Jansen cap charge was $1.726 million.

There also was a benefit for Moss; he received all of his 2009 pay and most of his 2010 compensation now."

But here's the intriguing part. Drew Rosenhaus, Moss agent, says on his twitter page that the deal was done because the Redskins wants to win and its easy to work with the management.

"I'm glad we were able to restructure Santana's deal. It was a win-win. More guaranteed $ for Santana and more cap room for the Redskins.
Santana restructured his contract with the Redskins in order to guarantee and front load the next two seasons. This will also improve his chances of getting a new contract extension after the 09 season. The Redskins are one of the best teams to work with - they want to win."

Hahahaha, that's hillarious statement. Of course its easy to work with the Redskins, they will sign anybody.

But the Redskins want to win?? Yeah, Daniel Snyder and Vinny Cerrato are serious about building a contender. In other words, they like spending money on free agents, restructure contracts with their current players to create cap space, trade our draft picks, and then have another mediocre season.

Look, the salary cap has not been a problem with this team.
The real issue is the mentality that Danny and Vinny have, thinking they can build a team through free agents and trades, rather than the draft.

New Santana Moss Deal Offsets Jansen Cap Charge

No comments:

Post a Comment