Well, believe it or not, it would cost the Dolphins more money to cut Wilford in 2009 than to keep him on the roster. Here's how it works:
Wilford signed a four-year, $13 million contract last February that included $6 million in guaranteed signing bonus. Wilford, who caught only three passes all season, is due $1.5 million in 2009 base salary. Add the $1.5 million he costs the team in prorated bonus -- $6 million divided by 4 years = $1.5 million per year -- and his 2009 salary cap number if he stays with the team is $3 million.
But because the new rules would force the Dolphins to absorb the entire proration for all three remaining years of Wilford's contract if he is cut, he would cost the team $4.5 million against the cap were the team to simply get rid of him. That figure is the yearly $1.5 million prorated portion of his bonus multiplied by the deal's three remaining years.
Is that crazy? The Dolphins would actually cost themselves $1.5 million in cap space by cutting Wilford versus keeping him, an empty space costing more than one occupied by Wilford.
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