Clearing Up the Javon Walker Situation

There is obviously different ways these salary cap things are being computed. So let me simplify it by scenario and year. In millions, think of this as purely salary cap figures.

Walker stays on the team in 2009:
$5 Roster Bonus (Guaranteed)
$4 Base
$1.83 Prorated Signing Bonus
2009 Cap Number = $10.83

Walker is cut:
$5 Roster Bonus (Guaranteed)
$1.83 Prorated Signing Bonus X Remaing 5 years of contract
2009 Cap Number = $14.15

Cap number to cap number comparison here. Basic as it gets, we can either take Walker’s cap number at $10.83 and hope to get some production out of him, or we can cut him loose and take the cap number of $14.15.

$14.15 for nothing, or $10.83 for maybe something. Walker is not going anywhere because it would cost us more salary cap room to cut him.

If the $5 million roster bonus wasn’t guaranteed this is what it would look like, and is what I computed before (it was my oversight on the guaranteed nature of his $5 roster bonus).
$1.83 X 5 = $9.15
Save by cutting him the $4 base and $5 roster = $9
Cap accelerated bonus money $9.15 – Cap Savings $9 = $150K Savings
Walker Playing: $10.83
Walker Cut: $9.15
Cap Savings if cut of $1.68 (Notice that the bonus money from 2009 of $1.83 – $150K = $1.68)

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