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Re: Giants Cut Arrington, Emmons, and Petigout
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Originally Posted by Schneed10
Don't forget, his signing bonus was $5.25 million. Divide that by 7 years, that allocates $750,000 in bonus per year. He only completed one year of the deal, meaning that cutting Arrington forces the Giants to eat $4.5 million in dead cap space in 2007. Net that against the savings from the $900K base salary, and they're actually taking a $3.6 million cap hit in 2007 to get rid of him.
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Total brainfart, I can't believe I forgot about the dead money.
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