According to Adam Schefter the Chicago Bears have traded disgruntled OT Gabe Carimi to the Tampa Bay Buccaneers for a 6th round draft pick.
The trade illustrates the changing landscape of the NFL caused by the new CBA slotting system. Carimi, selected 29th overall in the 2011 draft, only spent two seasons with Chicago prior to the trade. The Bears will only absorb $907,918 in dead money in each of the next two seasons for making the trade while the Buccaneers will pick up $1 ,016,458 in salary in 2013 and $1,337,187 in salary in 2014. The Buccaneers will also own Carimi’s rights in 2015 if they choose to pick up a 5th year option that will be equal to the average salary of the 3rd and 25th highest offensive linemen in the NFL next season. In contrast the 29th pick in the 2010 NFL draft, Kyle Wilson of the Jets, would have cost the Jets $1,097,400 in dead cap charge in the year of the trade and $2,194,800 the year thereafter had they traded him, making the cost somewhat prohibitive to the team that drafted him.
Carimi’s contract calls for offseason bonuses in 2014 worth $692,187 and none of his salary is guaranteed in 2014 so this is likely a 1 year audition for the Buccaneers. Carimi’s salary in 2013 is fully guaranteed so as long as he reports to the team. If Carimi continues to be unhappy and fails to report the Buccaneers will now be able to recover bonus money paid to Carimi by the Bears, so all things considered this is a low risk trade for the team.
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.