Thread: Football Only John Elway LOL Elvis Dumervil has been officially released
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Old 03-15-2013, 02:18 PM   #23
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Quote:
Originally Posted by DaneMcCloud View Post
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.
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