Ian Rapoport just confirmed that the Packers are about to release Charles Woodson from his contract.
Is Charles Woodson retiring now that he's cut? "I just talked to him. He sounds like he has a lot of football left" — agent Carl Poston
— Ian Rapoport (@RapSheet) February 15, 2013
Woodson, who was moved from Cornerback to Safety, was due to earn $9 million in 2013 between base salary and roster bonuses plus an additional $62,500 for each game in which he was active.Woodson has no more guarantees or prorated money left on his contract as he primarily played on a cash to cap basis for the Packers most of these years, so it creates a cap windfall for Green Bay. We’ll get the cap pages updated when the release become official.
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.