Thread: Chiefs Possible trade suitors for Cassel? LNBS
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Old 10-23-2012, 11:20 PM   #69
FAX FAX is offline
testing ... 1, 2, 3
 
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Join Date: Oct 2004
Location: Tennessee
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Quote:
Originally Posted by listopencil View Post
Help me out if I'm wrong here. In July of 2009 he signs a six year deal. It's worth $63 MIL with $28 MIL guaranteed. So you can say $10.5 per year. He was paid $40.5 MIL for 2009, 2010 and 2011 (I assume) to cover the guaranteed part of the contract. That leaves $22.5 MIL over the next three years that KC is contracted to pay him, but they can still cut him with little to no penalty because they have already paid out his guaranteed money. Right?
I think that's right. Although, part of the additional monies were in the form of a roster bonus that was paid in 2011, if I'm not mistaken. So, I'm not sure if he's owed as much as 7m per year at this point ...

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