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Schneed10 · 07-25-2005, 10:16 AM

Financial ramifications look like this:

Bowen has two years left on his contract. $400,000 in signing bonus money is allocated in each of 2005 and 2006. Base salary for 2005 is $1 million, and $2 million in 2006. This means his cap hits are scheduled to be $1.4 million this year, and $2.4 million next year.

If they cut him in camp, the Skins will save $600,000 on the cap this season, but will carry $400,000 in dead money on the 2006 cap. His 2006 cap number will go from $2.4 million down to $0.4 million, a savings of $2 million. Of course we'd have to pay his replacement to make the comparison fair.

I'd say cutting him is possible. Gregg Williams does like him, but he likes Ryan Clark too. Clark did a pretty good job last year. No need to give $1.4 million to Bowen when you can give peanuts to Ryan Clark and get basically the same performance.

But then again, if you release Gardner and Barrow, then you've got enough cap room to sign the rookies anyway. And at that point, you don't really need any more cap room in 2005. So under that scenario, it would probably just come down to training camp competition. Should be interesting to watch.

07-25-2005, 10:16 AM	#23
Schneed10 A Dude Join Date: Feb 2005 Location: Newtown Square, PA Age: 46 Posts: 12,458	Re: Room for Bowen? Financial ramifications look like this: Bowen has two years left on his contract. $400,000 in signing bonus money is allocated in each of 2005 and 2006. Base salary for 2005 is $1 million, and $2 million in 2006. This means his cap hits are scheduled to be $1.4 million this year, and $2.4 million next year. If they cut him in camp, the Skins will save $600,000 on the cap this season, but will carry $400,000 in dead money on the 2006 cap. His 2006 cap number will go from $2.4 million down to $0.4 million, a savings of $2 million. Of course we'd have to pay his replacement to make the comparison fair. I'd say cutting him is possible. Gregg Williams does like him, but he likes Ryan Clark too. Clark did a pretty good job last year. No need to give $1.4 million to Bowen when you can give peanuts to Ryan Clark and get basically the same performance. But then again, if you release Gardner and Barrow, then you've got enough cap room to sign the rookies anyway. And at that point, you don't really need any more cap room in 2005. So under that scenario, it would probably just come down to training camp competition. Should be interesting to watch.