Only John Elway LOL Elvis Dumervil has been officially released
 

Mike Garafolo ‏@MikeGarafolo

Holy moly....... RT @MikeKlis: Hold on, contract not filed in time. Elvis Dumervil has been officially released

ROFL What?

Good.

I posted this news in the other thread

This is an official thread though.

Join the signing bandwagon & get a free tote bag!

God I hope this is the kind of shit Elway is really about. That he's really a fraud, and Von Miller and Peyton Manning were just instances of being in the right place at the right time.

Smart move.

Why pay Elvis Dumervill $12 million this season?

***** OFFICIAL DAMMIT!!! *****

They had a deal done that would pay him 8m

Why was it a bad move to release a $12 million dollar player that wouldn't renegotiate his contract?

Elway convinced Wes Welker to take $6 million per year. $6 million for a guy that caught more than 100 passes five years in row.

Its not the end of the world for them, but every little bit helps.

Andy, pay the man!

lol HOLY SHIT

Not really.

They'd agreed to re-structure it to $8 million less than an hour ago. Horseface evidently ****ed up the paperwork.

Dumervil is absolutely worth $8 mil.

http://www.usatoday.com/story/sports...elway/1990913/

One of these stories is incorrect

You do realize they negotiated a restructure and agreed on it, right? They didnt file the paperwork in time so released him

$8 million, sure. But not $12.

OFFICIAL is four stars on either side, not five/reported

They didn't file the paper work on time 4pm.

That doesn't negate the fact that $12 million was too much, does it?

Mike Klis ‏@MikeKlis

Broncos could still sign Elvis Dumervil but there are salary cap implications. Not that simple.

No, they reached an agreement. They just didn't have time to file it.

What will likely happen is they will file what amounts to a novation of the previous deal; a contract that mirrors the resuctructured terms. But the Broncos weren't sure if it would get processed in time and had no interest in risking the guaranteed cap hit at $12 million so they cut him.

Now they'll go through the hoops of writing and inking him to a deal that matches the restructured one, I would guess.

Second best news of the day behind, first was Schwartz.

The second news is lol x 10 funny.

Shit! You spotted my counterfeit!

If I'm Tampa Bay or another team....I'd call him up and offer $10 million a season to see if he'll sign there.

Okay, so they still screwed up.

They had it done at $8 million. Now they don't.

That's certainly not a 'smart move'.

According to Jeff Darlington, the agent made a colossal mistake:

Jeff Darlington ‏<s>@</s>JeffDarlington Wild stuff on Dumervil right now: It's clock management. Agent made a "colossal mistake," source says, by not getting signed contract faxed.

LOL they could re-sign him for 8 but the release is still at his 12 million because that idiot screwed up, they have to take the cap hit AT 12 million regardless

so it's like paying out 12 million against the cap ANYWAY. LOL

Jeff Darlington ‏@JeffDarlington

Team hadn't received signed contract via fax at 1:59 p.m. If Broncos didn't waive Elvis, they had to pay original $12 million, source says.

The Broncos didn't screw up. The agent screwed up.

Jeff Darlington ‏<s>@</s>JeffDarlington Wild stuff on Dumervil right now: It's clock management. Agent made a "colossal mistake," source says, by not getting signed contract faxed.

That agent will be fired.

He's not a 12m cap hit now.

Mike Klis ‏@MikeKlis

Broncos didn't get fax with Elvis Dumervil signature on contract until 2:07 p.m. -- 7 minutes and 1 second past the deadline!


sooo awesome

Adam Schefter ‏@AdamSchefter

Elvis Dumervil's contract not filed with NFL in time. Dumervil released, as Denver Post released.

Hmmmm....wonder if he'll waive his commission?

Wow.

lol next thread is going to be "Elvis Dumervil fires agent Poopy McFart"

Do we have any cap room left? Quick get his agent on the phone.

Yeaaa.... thats the reason they cut him. Idk why he thinks that lol. Anyone know the hit the cap takes for his release?

You sure it was the agents fault? Maybe Elway was off getting his teeth sharpened?

****ing crazy! I bet Elway's crying face is buried in a pile of oats right now.

Watch the Pats sign him now.

what was his hit before the 12 kicked in?

What a ****up.

Michelle Beisner ‏@MichelleBeisner

“@AlbertBreer: Whether it was the player, the agent or the fax machine, that potentially just cost Elvis Dumervil millions of dollars.” YEP!

Thank you Elway for your colossal failure.

broncos > chefs

Sign him so we can be free to draft Geno #1 overall.

Not really sure i bet it's around 4 or 5m

Ian Rapoport ‏@RapSheet

Holy cow, this Dumervil situation is nuts! @MikeKlis is right. The contract wasn't submitted in time. Doesn't sound like Broncos fault

http://www.spotrac.com/nfl/denver-br...lvis-dumervil/

This shows his cap hit at 13,623,000 in 2013.

lol at Broncos

There's no reason why proceeding this important can't be done in person. The cost of a few business class tickets and half a day of inconvenience just cost someone ****tons of money.

Pound foolish ****tards.

Orangemane should be jam packed full of fun tonight.

They were in full jerk-off mode until now.

Let's Neil Smith the Broncos.

ROFL

The cap hit hurts.

Jeff Legwold ‏@Jeff_Legwold

Dumervil's release gives #Broncos huge dead money hit. Limits ability to bring him back with a "new'' deal.

So... honest mistake or revenge by the agent?

This is a good day

Holy shit, that would make my day.

I don't know if it was a colossal mistake or not. Maybe the Broncos just set the market for Dumervil and Dumervil just told his agent, "Screw 'em." He'll get that much money and more playing for another team.

It shows dead money at $4,869,000.

Dooooooooooooooooooooooooooooooooooom

Right, an agent is going to **** himself out of millions of dollars.

LMAO

I always hated that one who sucks the penis for that...

Elway will probably get a "do-over".

They'll probably just make up for it with a massive signing bonus to skirt the dead money and spread it out over several years.

Still, this is why the "You're not a GM" shit doesn't fly. Intelligent people who pay attention to detail don't make mistakes like this.

This is funnier than the time the Raiders accidentally released the wrong player. The pages got stuck together or something, and instead of cutting their training camp scrub, they got rid of their 3rd round pick

I hate it, too, but Traylor was the one that hurt the most.


He was a wrecking machine against us in the playoffs. Without him, the Broncos lose in Arrowhead that night.

Andrew Brandt ‏@adbrandt

Dumervil, cut, will not be resigned, makes no sense. Team will take a big hit on dead money upon release.

gregg rosenthal ‏@greggrosenthal

Dumervil release creates $4.87 million in dead money according to @MaseDenver. Yikes.

BRING HIM IN FOR A LOOK

I don't think so. He had a really interesting contract with 'rolling guarantees' that didn't kick in until those deadlines. I think the Broncos will take a small hit because it's about to accelerate 3 years worth of signing bonus (about 1.5 million) but his 'guaranteed money' wasn't really guaranteed; he had to be on the roster at that deadeline to lock it in.

It was an easily escapable contract and it appears the Broncos did just that.

I hope the Patriots sign him now.

Haha

That doesn't even make any sense.

Not only did this deal not go through, it cost the Broncos a ****ton of cap space.

ELWAY MAKIN IT RAIN DEAD MONEY UP IN HEAYAR

Is Dumervil really that good though?

Pure gold LMAO

So can he play the 5 tech?

NFL Draft Insider ‏@NFLDraftInsider

I am told that DE John Abraham is now a New England Patriot.


Maybe he wont be a PAT