Report: Redskins, Cowboys take huge salary-cap hits
The Washington Redskins and Dallas Cowboys tried to take advantage of the uncapped year in 2010.
That caught up with them today. In a big way.
The NFL has stripped both clubs of millions of dollars in salary-cap space because it found the teams dumped disproportionate amounts of money during the uncapped year, money that typically would have been spread out over the length of contracts.
According to Adam Schefter of ESPN, the Redskins will take a hit of $36 million and the Cowboys will lose $10 million. Surely, owners Daniel Snyder and Jerry Jones are piping hot over the decision. According to the report, the teams can spread the money over 2012 and 2013 in any fashion they want. The Redskins were believed to be about $30 million under the cap of $120.6 million for this coming season and they just cut safety O.J. Atogwe and fullback Mike Sellers today, freeing a small bit of space.
The kicker here? Twenty-eight other teams will add $1.6 million to their cap. New Orleans and Oakland will not add any space but they are also not being penalized. Presumably, that means they were in minor violation.
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Brad Biggs covers the Bears for the Chicago Tribune