The Colts have announced the release of safety aRon Landry. Landry becomes the second big name that was released so far this offseason (Michael Oher was the first) following two somewhat disappointing years with the Colts.
Landry was signed to a four year, $24 million contract in 2013 that probably left some people scratching their heads. Landry had never lived up to his draft status as an elite player and while he was a decent player the Colts pegged him as a a top 10 or better player. Landry’s contract has been a launching point for a number of players thereafter.
Landry, who always struggled with injuries, would miss 4 games in his first year with the team. He was then suspended for 4 games in 2014 due to PED violations. He was a 50% snap type player after that making him expendable.
Landry would have counted for $5.75 million against the salary cap this season. He will now count for $3.5 million, a $2.25 million savings. Landry is now free to sign with any other team in the NFL.
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.