Per ESPN’s Adam Schefter the Chiefs have released defensive tackle Jaye Howard.
Howard was set to count for $6.375 million on the Chiefs salary cap, but his new cap number will be $5 million, which is the total of the money remaining from his signing bonus and a $2.5 million salary guarantee. Howard’s contract contains offsets so if he signs with another team the Chiefs should recover some of his salary. That money would be credited to the Chiefs 2018 salary cap. (more…)
The Raiders released defensive tackle Dan Williams this afternoon freeing up $4.5 million in cap space. As far as releases go this isn’t very notable though I thought the Raiders might keep him to try to recapture some return on their investment, so why am I writing about it? The basic reason I am writing on it is that I saw online a number of people wondering why it took Oakland so long to release him. Its not like Oakland needs the cap room nor are there any free agents available at the position and the draft is still a few days away. So I figured why not make a little topic out of this. (more…)
For those of you who follow me on Twitter you know often I’ll post some gripes about the sourcing of contract information, specifically as it pertains to the website Spotrac. Spotrac began operating a few years before OTC trying their best to cover salary data for all major sports. It was an impressive attempt at finding ways to aggregate data in one place and build on various reports, but completely lacking when it came to football. Sure they had contracts online but the majority were wrong and grossly miscalculated. That was understandable because the NFL was a bit trickier than the other sports. (more…)
This week I discuss the recent trade rumors around the league, recapturing bonus money, and planning for the Raiders extensions….
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The Carolina Panthers locked up their star defensive tackle Kawann Short to a five year, $80.5 million contract today. According to NFL Network’s Ian Rapoport, Short will receive $35 million fully guaranteed at signing and $45 million in total guarantees, which are certainly pretty big numbers that place him among the highest compensated interior defensive linemen in the league. Short had been designated a franchise player and was set to earn $13.387 million for the season. (more…)
With more and more trade rumors out there about Richard Sherman I thought this was a good time to look back at some of the drafting concepts I’ve worked on before on OTC and use that type of methodology to see the pros and cons of trading for Sherman. This is a pretty unique topic because you are talking about trading a top of the line player who will be 29 and soon looking for a new contract for a complete unknown in the draft. It would be hard to replace Sherman with any rookie. (more…)
Last offseason J.R. Sweezy was one of the big offseason signings notching a surprising five year $32.5 million contract with $12 million effectively guaranteed at signing and another $2.5 million guaranteed for injury. Sweezy never played a down for the Buccaneers last season as a back injury kept him on the Physically Unable to Perform list for the entire season. Just one season later, according to Field Yates and Jenna Laine of ESPN, he has reworked his contract to account for that injury in a manner that sounds like it accomplished much more than it really did. (more…)