Originally posted by phinphanbill
We can't do a sign and trade of Ogun! Whatever signing bonus he gets would be assessed to our cap number for 2004. DE's are getting around $12-15 million in bonus money.
Sure we can. We can trade him to anyone we want. For a trade to be consumated, Wally will work out a deal with the other team. Then he simply signs the tender (worth ~$1.95 million....no bonus), we trade him, then he signs his new deal after his rights change hands. We incur no cap hit.
So technically, it's a "sign-and-trade-and-sign". :)