After reading this article right here, about how the Redskins believe they will trade for Chad Johnson and sign Lance Briggs, I got to thinking how could this be possible considering a week ago they were 20mil over the cap.
They have already begun restructuring deals. So I reviewed the Seahawks contracts and have concluded that their are two deals that when restructured will provide a good deal of cap savings.
First, Deion Grant. Its simple, he is due a 5 mil roster bonus. He is signed for four more years. By converting this to a signing or option bonus, this can be prorated over the 4 year period thus saving close to 4 million.
Second, Big Walt. He is always willing to restructure. Plus, chances of us cutting him are slim. If we convert his 8.6 mi salary into a prorated bonus. His contract runs through 2012, that is 4 years of proration. While it makes his cap hit big next year, his salaries actually go down after that, making it very manageable
The salary spreadsheet I am working with is right here. Besides, in two years there might not be a cap!