Originally Posted by xwalker
2013 Cap Hit:
Cut 1.125M (1.125M in 2014 also)
Sorry but that is wrong. Sensabuagh signed a 8 million guaranteed contract with 4 million signing bonus.
Last year salary was 1.8 million and this year is 1 million. So 8-4-1.8-1= 1.2 left of guaranteed money. Then if you cut him all the prorated signing bonus becomes a cap hit this year. The remaining prorated is 750,000 a year for the next three years. 750,000 X 3 years=2.25 million. The prorated signing bonus of 2.25 million + the 1.2 guaranteed money left =3.45 million if we cut him after this year.
If we keep him next year he will only be a cap hit of 3.75 million. I would rather keep him for only .30 million more for the year and draft his future replacement and cut him after next year.