I'm guessing the phone conversation went something like this...
AJ Smith: "Hey Rick this is AJ...Smith, not Feeley. Looks like things are falling into place David has agreed to relinquish his rights to $5 million of the overall amount of money that we were set to owe him."
Rick Spielman: "Yeah, we worked out a contract with him. The paperwork's all set and ready to go. Good doing business with you."
AJ Smith: "Aren't you forgetting something?"
Rick Spielman: "????"
AJ Smith: "Compensation?"
Rick Spielman: "You want compensation? Didn't we already work this out?"
AJ Smith: "Uhhhh, no. We've kinda been operating on good faith so far."
Rick Spielman: "We'll give you $100 bucks. Wayne has given the OK on it"
AJ Smith: "We want a 2nd round pick"
Rick Spielman: (laughing) "Ahhh AJ. Come on its ok I'll be serious what do you really want?"
AJ Smith: "I AM serious"
Rick Spielman: "We don't even HAVE a 2nd round pick!"
AJ Smith: "Oh. Thats right. Well do you have any players you could give up? Hey what about that Fletcher kid you took in the first round"
Rick Spielman: "Come again? Wait a minute let me get this straight...you want a 2nd round pick in this coming draft....."
AJ Smith: "...right"
Rick Spielman: "....OR you want Jamar Fletcher?"
AJ Smith: "Yeah, thats right"
Rick Spielman: (hand covering the phone receiver) "DAVE!!! DAVE GET OVER HERE!!! You gotta listen in on this, this guy is ready to take JAMAR FLETCHER in lieu of a 2nd round pick for Boston! What the heck is he thinking!!"
Dave Wannstedt: "Well Fletcher was pretty talented coming out of college..."
Rick Spielman: "Oh shut up, just because he's your guy doesn't mean you have to keep defending him."
Dave Wannstedt: "Oh and I suppose you still think we'd have been better off with Drew Brees eh? Why don't you go ahead and try to pawn him off on me too, you already gave me AJ Feeley as the heralded replacement for Jay Fiedler."
Rick Spielman: "Hey! Drew Brees was pretty good coming out of college..."
Dave Wannstedt: "Then I guess we're even"
Rick Spielman: "You're forgetting Anquan Boldin."
Dave Wannstedt: "I can guarantee with you around I will never forget Anquan Boldin...you won't let me forget him. Anyway if this doofus will take Jamar go for it."
AJ Smith: "This DOOFUS can still hear you guys"
Dave + Rick: "Oh crap"
AJ Smith: "Yeah, and for that I'm going to take a conditional 6th rounder in 2005 from you as well as Fletcher!!!!"
Rick Spielman: (whispers) "What is this guy on?"
Dave Wannstedt muscles the receiver away from Rick: "DEAL! DEAL!" click.