If Schuster plays, he will get his guaranteed salary of $7M plus $1M of game bonus for a total of $8M.
If we cut him, we would take a $2M cap hit (all sunk cost). So, you believe that a team would be willing to pay him $5M (we would throw in the other $3M).
To be clear, that deal would likely be signed by the patriots within the hour or two that it would take to book him a plane ticket and gather his stuff.
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Draft compensation matters little. More than a 7th would likely require us to kick in MORE than the $3M.
MY QUESTION
is how long will we wait. Would we be willing to put him on the 53 in the hope that we would have to pay less in a month when a couple WR's get injured? Or will we get whatever we can before the cutdown date, and nothing can be had we would just cut him.
I suspect that we might be willing to pay $5M of his salary, giving us close to a break-even position for this year's cap.