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redskinsfan
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Uncertainty remains for Chris Culliver, who vows to be ready for start of season
Culliver's suspension at the beginning will cost him dearly since it voided any remaining guarantees that Culliver has in his contract with the Redskins, which would be $8M in guaranteed salary for 2016. He does have $1.25M in unamortized signing bonus money, which would, if he were cut, accelerate to a $3.75M as dead money. But because his non-guaranteed money would come off the books, we'd save $5.5M on our cap if he were released.
Of course, we can't afford to lose someone like Culliver at CB. By keeping him, he'd hold a $9.25M cap number next year and for the remaining two years on his contract. (He gets $8M non-guaranteed salary those two final years with a $1.25M signing bonus pro-rate.) As the article notes, we could re-guarantee that money as a signing bonus and re-work his salary numbers the following years. If we turned his salary this year into a signing bonus, we'd be able to shave around $3M for our cap in 2016. And we could guarantee parts of his salaries in the next years in exchange for a lower salary numbers overall. That's just speculation, but it's a way of keeping him happy and using this fortuitous event to the Redskins advantage.
Culliver's suspension at the beginning will cost him dearly since it voided any remaining guarantees that Culliver has in his contract with the Redskins, which would be $8M in guaranteed salary for 2016. He does have $1.25M in unamortized signing bonus money, which would, if he were cut, accelerate to a $3.75M as dead money. But because his non-guaranteed money would come off the books, we'd save $5.5M on our cap if he were released.
Of course, we can't afford to lose someone like Culliver at CB. By keeping him, he'd hold a $9.25M cap number next year and for the remaining two years on his contract. (He gets $8M non-guaranteed salary those two final years with a $1.25M signing bonus pro-rate.) As the article notes, we could re-guarantee that money as a signing bonus and re-work his salary numbers the following years. If we turned his salary this year into a signing bonus, we'd be able to shave around $3M for our cap in 2016. And we could guarantee parts of his salaries in the next years in exchange for a lower salary numbers overall. That's just speculation, but it's a way of keeping him happy and using this fortuitous event to the Redskins advantage.