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Beyond the Player’s Value
When we look at player’s cap hits for the upcoming season, there are more things to consider beyond the obvious: does the player’s value equal the cost he counts against the team’s cap for the current year?
Depending on the structure of a player’s contract it may cost a team more to release them then to keep them on the team. Let’s look at newly signed defensive back Johnson Bademosi. At first glance, it may appear like Bademosi is a player on the roster bubble, but when you examine his contract you’ll see why I think he’s a lock for the Lions 53-man roster.
This offseason, one of the first free agents Bob Quinn signed was Johnson Bademosi. He signed a 2-year, $4,500,000 deal. With that deal came a $2,000,000 signing bonus (paid in full now and prorated over the 2-year deal for salary cap accounting) and a $50,000 workout bonus for the 2016 and 2017 seasons. Also, factored into his deal $900,000 of the contract (beyond the bonuses) would be guaranteed.
I didn't realize how well Bademosi tested:
— Erik Schlitt (@erikschlitt) May 5, 2016
40 = 4.39
10 = 1.58
Bench = 16
Vert = 40"
Broad = 10'5"
3C = 6.96
SS = 4.1
So Bademosi’s deal has a base salary of $1,100,000 ($900,000 of it fully guaranteed) a roster bonus of $1,000,000, and a $50,000 workout bonus, which equals a $2,150,000 cap hit for the Lions in 2016.
If Bademosi is released, his base salary of $1,100,000 would normally come off the Lions cap entirely, but because he has $900,000 in guaranteed money, they actually only free up $200,000.
In addition, per the NFL/NFLPA collective bargaining agreement, once he is released his signing bonus is no longer prorated and becomes a cap hit for the Lions in the current year. So that signing bonus cap hit of $1,000,000 would now become a $2,000,000 cap hit.
So to recap, If the Lions keep Bademosi on the 53-man roster for the 2016 season, he will have a cap hit of $2,150,000, but if they release him the team will have a $2,900,000 (full signing bonus $2,000,000 and the $900,000 in guaranteed salary). I highly doubt the Lions would take an additional cap hit of $750,000 for Bademosi to not play for them.
So the next time you see an article from a website who is all about putting players on lists, take what they say with a grain of salt. Things are more complicated then they appear at first glance.
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Hypothetically, if you think the Lions were thinking about releasing Matthew Stafford, know that while his cap hit for 2016 is $22,500,000, the Lions would only free up $11,500,000 by cutting him because of cap penalties.
So if you aren’t a fan of Matthew Stafford, tell me who is the free agent quarterback who would cost $11,500,000 that is better? And if you want to become a Matthew Stafford fan, I encourage you take some time and read my breakdown of Stafford’s 2015 stats: here.
Next: The Lions Current Cap Situation