After the lockout ended, the Redskins signed a number of free agents such as Barry Cofield and their own Santana Moss. When they were done spending, they had some cap room left and many have been wondering why they have not spent it on things such as contract extensions.
We now know why they were not concerned with disposing of the spare cap room. It used to be that if you didn’t spend or otherwise account for your unused cap money with phony incentives you would lose it the next year. However, the new CBA allows teams to carry over unused cap money from one season to the next.
According to our sister site Pro Football Talk, the Redskins had $11.9 million in cap space as of Nov. 20. They have eaten into a little of that with some injury replacements and some other roster moves but they still have almost all of it. So if the 2012 salary cap is $125 million as it is projected to be now, the Redskins will have almost $137 million to spend in 2012.
This sounds good at first but 10 other NFL teams will have even more extra cap space next year including the Cowboys, who were $18.2 million under the cap as of Nov. 20. The other NFC East teams will have less money added to their 2012 war chests as the Eagles were $5.3 million under and the Giants just $1.7 million under.
The Jaguars will have the most to spend, an extra $32.9 million while the Steelers have the least at $640,000.