arthurracoon
The Cardinal Smiles
Rod Hood DID NOT Hit a $2M Salary Incentive
Hood not surprised by departure
Kent Somers
http://www.azcentral.com/members/Blog/KentSomers/52110
Rod Hood knows better than most that football is a business. He's had to battle for a job his whole career. He walked on at Auburn and made it in the NFL as an undrafted free agent. So he understood when he found out Tuesday the Cardinals were releasing him.
Hood told me this morning that he had earned a play-time incentive that would have boosted his salary by $2 million. That means he would have made $5 million in salary and his cap number would have been $5.5 million in 2009. That's too much to pay for a backup cornerback.
"When they brought me here, I think they thought I would be a nickel corner," Hood said. "When I hit that incentive, it was tough to keep me. I enjoyed my run in Arizona. I had a great run."
The cap savings from cutting Hood are greater than I realized yesterday, when I thought his base salary was $3 million. The extra $2 million in savings means the club saves about $7.5 million by cutting Hood, Edgerrin James and Travis LaBoy.
Before the moves, the team was about $1.2 million under the cap, so it should be about $8.7 million under now. (Unless there are more bonuses, escalators and the like that I don't know about it.)
Hood already has interest from other teams, he said. He wants to be careful about picking the right team and the right situation.
UPDATE: It appears Hood might be mistaken. A source said Hood did not meet the play-time requirement that would have increased his 2009 salary by $2 million. Hood needed to play 70 percent of the defensive snaps. So Hood's salary would have been $3 million, meaning the Cards saved $5.5 million in cap space, not $7.5 million. I'll probably have more on this tomorrow as I try to learn what caused the difference of opinion. Sorry for any confusion that resulted.
Hood not surprised by departure
Kent Somers
http://www.azcentral.com/members/Blog/KentSomers/52110
Rod Hood knows better than most that football is a business. He's had to battle for a job his whole career. He walked on at Auburn and made it in the NFL as an undrafted free agent. So he understood when he found out Tuesday the Cardinals were releasing him.
Hood told me this morning that he had earned a play-time incentive that would have boosted his salary by $2 million. That means he would have made $5 million in salary and his cap number would have been $5.5 million in 2009. That's too much to pay for a backup cornerback.
"When they brought me here, I think they thought I would be a nickel corner," Hood said. "When I hit that incentive, it was tough to keep me. I enjoyed my run in Arizona. I had a great run."
The cap savings from cutting Hood are greater than I realized yesterday, when I thought his base salary was $3 million. The extra $2 million in savings means the club saves about $7.5 million by cutting Hood, Edgerrin James and Travis LaBoy.
Before the moves, the team was about $1.2 million under the cap, so it should be about $8.7 million under now. (Unless there are more bonuses, escalators and the like that I don't know about it.)
Hood already has interest from other teams, he said. He wants to be careful about picking the right team and the right situation.
UPDATE: It appears Hood might be mistaken. A source said Hood did not meet the play-time requirement that would have increased his 2009 salary by $2 million. Hood needed to play 70 percent of the defensive snaps. So Hood's salary would have been $3 million, meaning the Cards saved $5.5 million in cap space, not $7.5 million. I'll probably have more on this tomorrow as I try to learn what caused the difference of opinion. Sorry for any confusion that resulted.
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