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OT: Jamal Lewis to be released

Discussion in 'PatsFans.com - Patriots Fan Forum' started by NE_PATS_FAN_54, Feb 15, 2007.

  1. NE_PATS_FAN_54

    NE_PATS_FAN_54 Rotational Player and Threatening Starter's Job

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    Jamison Hensley, of the Baltimore Sun, reports the Baltimore Ravens are expected to release RB Jamal Lewis before he is due a $5 million roster bonus in March. If the Ravens cut Lewis, they are expected to save $3.3 million in salary cap room.

    http://www.kffl.com/hotw/nfl
     
  2. PATSNUTme

    PATSNUTme Paranoid Homer Moderator Staff Member PatsFans.com Supporter

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  3. FreeTedWilliams

    FreeTedWilliams pfadmins PatsFans.com Supporter

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  4. Pat the Pats Fan

    Pat the Pats Fan In the Starting Line-Up

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  5. Miguel

    Miguel Patriots Salary Cap Guru PatsFans.com Supporter

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    If Lewis is due a $5 million salary and a a 5 million roster bonus and received a $5 million signing bonus in 2006 as part of a 3-year deal then his 2007 cap number would be
    $5 million roster bonus
    $5 million salary
    $1.66 million prorated signing bonus
    ===========================
    $11.66 million

    If the Ravens release Lewis, the 2008 proration of his signing bonus ($1.66 million) would accelerate into 2007 making his dead money hit $3.33 million.

    $11.66 million
    minus $3.33 million
    equals a cap savings of
    $8.33 million.
     
  6. Mainefan

    Mainefan Rotational Player and Threatening Starter's Job

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    Sounds to me this seriously cuts into our chances of getting Adalious Thomas.
     
  7. NE_PATS_FAN_54

    NE_PATS_FAN_54 Rotational Player and Threatening Starter's Job

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