Smizzy Posted March 20, 2005 Share Posted March 20, 2005 Jets | Cowart Leaves Dead Money against Cap - from www.KFFL.com Sat, 19 Mar 2005 08:58:17 -0800 Rich Cimini, of the New York Daily News, reports the New York Jets will carry $2.4 million in "dead money" against their 2005 salary cap as a result of trading MLB Sam Cowart. Link to comment Share on other sites More sharing options...
FoxJet Posted March 20, 2005 Share Posted March 20, 2005 Jets | Cowart Leaves Dead Money against Cap - from www.KFFL.com Sat, 19 Mar 2005 08:58:17 -0800 Rich Cimini, of the New York Daily News, reports the New York Jets will carry $2.4 million in "dead money" against their 2005 salary cap as a result of trading MLB Sam Cowart. THIS IS OLD NEW REPORT IN SAM COWARD TRADE TO VIKING TOPIC POST Link to comment Share on other sites More sharing options...
Mean Papi Green Posted March 20, 2005 Share Posted March 20, 2005 Jets | Cowart Leaves Dead Money against Cap - from www.KFFL.com Sat, 19 Mar 2005 08:58:17 -0800 Rich Cimini, of the New York Daily News, reports the New York Jets will carry $2.4 million in "dead money" against their 2005 salary cap as a result of trading MLB Sam Cowart. would the hit have been teh same if we cut him, if so then why the hell trade him, i thought this move feed up space I'd rather have the body than the pick and a 7th rounder Link to comment Share on other sites More sharing options...
Rob D Posted March 20, 2005 Share Posted March 20, 2005 would the hit have been teh same if we cut him, if so then why the hell trade him, i thought this move feed up space I'd rather have the body than the pick and a 7th rounder The dead money would be exactly the same whether he was cut or traded. I believe his cap hit this year was due to be $2.9m, so we only saved $500k with this move. However, we no longer have to worry about his upcoming roster bonus payment or his inflated salaries in 2006 and 2007. You are right that it would have made sense to keep him for the extra $500k, but as I stated in another thread I wouldn't be surprised if Cowart has been threatening to hold out if he wasn't cut or traded. In the interests of the happiness of the team, I believe the Jets had no choice but to move him. Link to comment Share on other sites More sharing options...
Maxman Posted March 21, 2005 Share Posted March 21, 2005 The dead money would be exactly the same whether he was cut or traded. I believe his cap hit this year was due to be $2.9m, so we only saved $500k with this move. However, we no longer have to worry about his upcoming roster bonus payment or his inflated salaries in 2006 and 2007. You are right that it would have made sense to keep him for the extra $500k, but as I stated in another thread I wouldn't be surprised if Cowart has been threatening to hold out if he wasn't cut or traded. In the interests of the happiness of the team, I believe the Jets had no choice but to move him. Rob...agreed. Who knows what the agents were pushing for. At any rate he wasn't in the plans so it was best for all parties to just move on. Link to comment Share on other sites More sharing options...
The Troll Posted March 21, 2005 Share Posted March 21, 2005 If we'd waited to cut him after June 1st, would there have been as large of a cap hit? I'd hate to think we wasted a million dollars to draft a special teams player that might make the practice squad. Link to comment Share on other sites More sharing options...
Blackout Posted March 21, 2005 Share Posted March 21, 2005 be glad we got something in return Link to comment Share on other sites More sharing options...
jetgreen13 Posted March 21, 2005 Share Posted March 21, 2005 Rob...agreed. Who knows what the agents were pushing for. At any rate he wasn't in the plans so it was best for all parties to just move on.yeah, cowart deserved a chance to start. he's played the good soldier all last season. i can't think of any b*tchin' & moanin" from him, or his agents either. class guy. Link to comment Share on other sites More sharing options...
Rob D Posted March 21, 2005 Share Posted March 21, 2005 If we'd waited to cut him after June 1st, would there have been as large of a cap hit? I'd hate to think we wasted a million dollars to draft a special teams player that might make the practice squad. I'm not sure of the exact date his roster bonus was due. If it was on June 1st then he would have counted $1.4m against this year's cap and $1.6m next year, since we couldn't have traded him before paying the bonus. I think having a cap charge of $2.4m this year is worth it to give us more room next year. Don't forget that Barry Gardner has already been signed to replace Cowart. Link to comment Share on other sites More sharing options...
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