Cutting Wimbley would save Raiders 17.5M

Cutting Wimbley would save Raiders 17.5M
March 1, 2012, 10:48 pm
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While the NFL Network is reporting the Raiders will cut linebacker Kamerion Wimbley if he does not agree to a restructure of his contract, figures obtained by CSNBayArea.com seemingly show the savings against this year's NFL salary cap would be relatively minimal -- somewhere between 1.95 million and 4.5 million.The true savings would come in future years.

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Because while Pro Football Talk has reported that 6.5 million of Wimbley's 11-million base salary for 2012 is already guaranteed, the remaining 4.5 million becomes guaranteed if he is still on the roster on March 17. Plus, if Wimbley is still on the roster on that date, his entire 11 million base salary for 2013 becomes guaranteed, as well as 2 million of his 10 million salary for 2014. His 11.5 base salary for 2015 reportedly is not guaranteed.In essence, and as the contract is currently structured, Wimbley is guaranteed 24 million over the next three seasons if he is on the Raiders' roster on March 17.Cutting Wimbley before March 17 would save the Raiders 17.5 million going forward.
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Wimbley also has cap numbers of 11.85, 11.85, 10.85 and 12.25 million in 2012, 2013, 2014 and 2015, respectively.What is still floating are Wimbley's "prorated amounts" of 850,000 per year, hence the discrepancy in savings a cut of Wimbley would mean for the Raiders this season. For example, sans the 6.5 million already guaranteed Wimbley, cutting him would have saved the Raiders 8.45 million against the cap this year.
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According to Adam Caplan of thesidelineview.com, "The reason why the Raiders set up the structure of the extension he signed last August was to get him off his franchise (tag) salary of over 11.3 million for 2011. They were able to lower his base salary from that total to just 750,000. And by agreeing to do this, Wimbley would pocket roughly 300,000 extra. Agents andor players wont normally agree to a restructuring (more or less a favor in some instances) unless theres something, albeit small, in it for them. And they shouldnt. Why blame the agent or player for a good deal for them but bad for the team? The team is the side that writes the check(s)."Consider: the Raiders currently have 142,514,984 devoted to the cap, which has yet to be announced, though if it is last year's figure of 120.375 million, Oakland is more than 22 million over. The deadline to get under the capo is March 13 at 1 p.m. PT.Further examination of the Raiders' budget shows approximately how much the team could save against the cap in 2012 by cutting certain playersWimbley -- 1,900,000-4,500,000LB Aaron Curry -- 5,757,500FS Michael Huff -- 4,342,500 (roster bonus of 4 million due on March 15)DT Tommy Kelly -- 3,125,730TE Kevin Boss -- 2,500,000DT John Henderson -- 4,000,000CB Chris Johnson -- 3,500,000RG Cooper Carlisle -- 2,700,000FS Hiram Eugene -- 2,450,000