spanky1 said:
They can't cut Pace this early in his career.........seriously, it would be a very bad business decision. If someone did put a bug in Green's ear regarding Shelton (and logically, we have assumed that this wasn't the case), you can be sure they would regarding Pace.
Boy that took awhile but I finally found my ESPN link to rookie contracts and here's Pace's.
http://espn.go.com/nfl/nfc/draftsignings2003.html
1b. DE Calvin Pace, Wake Forest (No. 18 overall): Signing bonus: $3,000,000. Base salaries: $675,000 (2003); $843,800 (2004, plus $2,100,000 option bonus); $1,012,500 (2005); $1,181,300 (2006); $811,250 (2007). Note: If teams exercises option bonus, base salaries reduced to $305,000 (2004); $473,750 (2005); $642,500 (2006). Total: five years, $8,007,500. Cap charge: $1,275,000.
So he's got 2.4 million in bonus left, but as you can see he has a 2.1 million option bonus that is presumably due if he makes the roster. So the Cards will pay him 3 million this year if they keep him, if they cut him they save that entire amount, and take a caphit.
By my rough figuring his cap value this year is just about 2 million,
843 K in salary, 600K for prorated signing bonus, 525K for the optional bonus(wasn't sure how to count that so I decided to divide it by the remaining 4 years and prorate), comes out to 1.968 million or roughly 2 million. Then you subtract 538K since it says if he gets the option bonus his salary comes down so you get 1.44 million in cap hit
Even if we eat his whole 2.4 remaining signing bonus in one year by cutting him we "only" lose 1 million. If we can take that hit over 2 years(I forget the cutoff date on that) we're essentially breaking even by cutting him and avoiding that option bonus.
Anybody like Ant Steve or another capologist want to take a crack at this?