Merged: How come we haven't cut Wilford yet? | FinHeaven - Miami Dolphins Forums

Merged: How come we haven't cut Wilford yet?

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djb2280

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Why isnt Wilford Cut Yet?

iis he ganna be cut, ????if all these other some what names are getting cut from other teams
 
We actually lose ~1.5 million against the cap by cutting Wilford. His prorated bonus would still count against us for next season. We pay him 3.0 next season or we cut him and he counts for 4.5mil against the cap. Due to his prorated signing bonus of 1.5 million for the final 2 years remaining in his contract. Only the base salary is removed, however the prorated bonus is counted against our cap. So it would hurt us next year, but pay in 2011.

Lets break it down:

We gave Wilford a 4 year $13mil deal. With a 6mil signing bonus. The bonus is prorated against the cap as 1.5million for 4 years (so as not to kill salary room in one year.) If the person is cut, the base salary is removed (1.5million this year) however the remaining prorated bonuses are counted against the cap next year (3x 1.5mil=4.5mil.) We actually don't owe him anything, he has the money, it just counts as dead money against our cap.
 
i read somewhere that it costs us more to cut him then keep him...

so unless we draft or pick up a wr in FA we might keep him around...
 
JimToss said:
We actually lose ~1.5 million against the cap by cutting Wilford. His prorated bonus would still count against us for next season. We pay him 3.0 next season or we cut him and he counts for 4.5mil against the cap. Due to his prorated signing bonus of 1.5 million for the final 2 years remaining in his contract. Only the base salary is removed, however the prorated bonus is counted against our cap. So it would hurt us next year, but pay in 2011.

Lets break it down:

We gave Wilford a 4 year $13mil deal. With a 6mil signing bonus. The bonus is prorated against the cap as 1.5million for 4 years (so as not to kill salary room in one year.) If the person is cut, the base salary is removed (1.5million this year) however the remaining prorated bonuses are counted against the cap next year (3x 1.5mil=4.5mil.) We actually don't owe him anything, he has the money, it just counts as dead money against our cap.
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what he said :up:
 
Some times cutting a player even if it doesn't make financial sense sends a message to everyone else that if you don't produce you don't play for the Dolphins. That can be worth the cap hit alone.
 
JimToss said:
We actually lose ~1.5 million against the cap by cutting Wilford. His prorated bonus would still count against us for next season. We pay him 3.0 next season or we cut him and he counts for 4.5mil against the cap. Due to his prorated signing bonus of 1.5 million for the final 2 years remaining in his contract. Only the base salary is removed, however the prorated bonus is counted against our cap. So it would hurt us next year, but pay in 2011.

Lets break it down:

We gave Wilford a 4 year $13mil deal. With a 6mil signing bonus. The bonus is prorated against the cap as 1.5million for 4 years (so as not to kill salary room in one year.) If the person is cut, the base salary is removed (1.5million this year) however the remaining prorated bonuses are counted against the cap next year (3x 1.5mil=4.5mil.) We actually don't owe him anything, he has the money, it just counts as dead money against our cap.
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If that is the case, then it doesn't hurt to take him to camp again and hope things turn out different this year. I bet they will try and shop him for a draft pick.
 
Nublar7 said:
If that is the case, then it doesn't hurt to take him to camp again and hope things turn out different this year. I bet they will try and shop him for a draft pick.
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Exactly.

There is still a chance that Wilford is absolutely embarrassed from last year (he should be), and comes into camp ready to work and win a job.
It may be wishful thinking, but I would say the potential is still there regardless of what happened last year. Plus he only has things to gain. He can either come in ready to work, and accept his salary or get cut and be signed for the league minimum in his next contract.
 
It's disgusting that he is so well paid for contributing so little. In a season where we made such progress - Wilford was Parcells/ Ireland/Sparano's biggest error.
 
Yep looks like he will still be here who knows maybe he can pull himself together,buthe also can be the odd man out if he continues to stink it up again too.
 
I understand the part about us taking the cap hit on his signing bonus if we cut him. What I am unclear on is if we trade him. Does the other team only assume responsibility for his remaining base salary or does his remainder of his signing bonus get transfered to the other team?
 
The money issue saved him last year when the team entered the year with, let's face it, a second rate receiving corps. Expect a receiver or two to get taken in this draft. If they show talent anywhere near or better than Wilford he will be cut. (I would love to see him cut in the last group of cuts just so that it gives him no time to catch on with other teams...)
 
At this point, I'd rather keep him on and pray that he becomes what he should have been instead of cutting him and taking the extra cap hit. Take him into camp at see what happens type of deal.
 
spiketex said:
It's disgusting that he is so well paid for contributing so little. In a season where we made such progress - Wilford was Parcells/ Ireland/Sparano's biggest error.
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Well, if some receiver is the biggest error of our whole season, I'm happy. Its better than you know .. one win.
 
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