Quote:
Originally Posted by SmootSmack
No guaranteed money left owed to him
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If you're talking about non-amortized signing bonus,
we have it at about $3 million for Haynesworth.
Which makes sense. That's the $5 million he got to sign in 2009, pro-rated over five seasons (+$1 million cap number per season), 2 of which have already been played. There are 3 years of amortization remaining = $3 million.
The rest was loaded (intentionally) into the uncapped year.
Correct me if I'm wrong, but if we choose not to pick up the last five years of his contract (assuming Haynesworth doesn't opt out, leaving $60 million in non-guaranteed contract value on the table), we do owe Haynesworth more money. But just for cap purposes, that's money that is already off the books per the 2010 contract restructure.
In layman's terms,
the total guaranteed portion of Haynesworth's contract that hasn't yet hit our books is a mere $3 million dollars.