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Thread: Releasing Feeley After The Season Bad Or Good?

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    Nublar7's Avatar
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    Releasing Feeley After The Season Bad Or Good?

    How is Feeley's contract structured? Would we take a big cap hit be releasing him, like Madison's contract? Or would it be more like Fiedler's contract where we would save a lot? Clump?

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    GreenMonster's Avatar
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    Nubs, I am pretty sure we gave Feeley a 3 million dollar signing bonus. Since we will cut him mostly likely before 6/1 we will have to pay about $1.8 in a cap him next year. His salary would have been like 3 million for 2006. This year its is 540k. I believe Clumpy can elaborate if I am wrong..

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    I believe his career with Miami is over after 2005. He will likely be released before 6/1 as GreenMonster said. His dead cap would be $1.8 million and it would save about $1.8 million on the 2006 cap
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    Nublar7's Avatar
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    Thanks guys!
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    releasing AJ after 2005 saves us 1.7 mil...

    his salary next year skyrockets to 3.5 mil (for a total cap hit of 4.1 million!)

    we get that back, but lose the 1.8 mil from the bonus
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    Clumpy's Avatar
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    His savings would actually be $2.3 million

    $3.5 million salary + $600,000 amortization - $1.8 million dead cap = $2.3 million

    I thought his salary was $3 million but that was without looking it up
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    Don't believe everything you think.

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    Cut and resigned is what he'll be, IMO.
    At a television studio in Hollywood on Monday night, Dolphins defensive end Jason Taylor was doing the fox trot. He probably was wearing makeup, too.
    About an hour south down Interstate 5, quarterback John Beck was on the verge of lining up his chicken nuggets in a shotgun formation.


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    Merman's Avatar
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    Quote Originally Posted by inFINSible
    Cut and resigned is what he'll be, IMO.
    Being released accelerates the remaining signing bonus to Team Salary. If he is to be kept as a backup a reduction of base salary is needed.
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    Don't believe everything you think.

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    Quote Originally Posted by Merman
    Being released accelerates the remaining signing bonus to Team Salary. If he is to be kept as a backup a reduction of base salary is needed.
    So then a renegotiation would be the wiser move if our intention is to keep him, correct?

    Losing the starting job gives us great leverage to reneg because it keeps his options closed on the open market and he would be foolish to push for his release.

    I wonder if Saban is masterfully playing this QB situation so that next year, when Feeley may have a firm grip on the offense, he has no outside courtship and he is forced to resign here and possibly out perform his paycheck?

    Imagine if he had a decent year as the starter this year and then we were forced to make a decision as to whether to keep him at his current salary. He would have all the leverage and the same amount of experience in the system but, this way he'll have the experience and no leverage.

    Sounds like genius to me....
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