Quote:
Originally Posted by jdlea
They take none. All of his bonus money hits them when he comes off the books, but his base salary comes here with him. He would no longer count against their cap after this season.
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Do you have a link or something that would better explain this? It makes no sense.
If they traded Johnson they would relieve themselves of the salary portion of the contract. But they are still liable for the pro rated signing bonus on him. Essentially the remaining portion of his bonus untill 2011 is accumulated in one lump sum and counts against thier cap. That is the "dead money" and that is where the 8 million in cap hits come from, the remaining portion of his signing bonus.
Now if there is a way to get rid of "dead money" like you say, then how come the Redskins have not been doing it for years? The Redskins lead the NFL in dead money at a staggering number of 128 million dollars in dead money alone. The NFL salary cap is only 116 million and the Redskins have more than that in dead money alone.
One would think that if there was a way to alleviate all that dead money like you say, than the Redskins would have been doing it for years.