0 Members and 0 Guests are viewing this topic.
We heard earlier this morning that the Patriots have cut receiver Joey Galloway.Steve Duemig of WDAE in Tampa tells us that, indeed, Galloway has been released.Duemig contacted Galloway, who confirmed that he is indeed gone.
Well, some signings work and others don't. Almost from the beginning, it was clear that this one wasn't working.
Why are we releasing these guys before the trade deadline? Sure, "no one wants them". OK, why not wait until tomorrow and at least try?If you are going to throw them away at least try to get someone else's garbage for them.
Quote from: Donoghus on October 20, 2009, 10:40:46 AMWell, some signings work and others don't. Almost from the beginning, it was clear that this one wasn't working. it's wierd, he seemed like the perfect fit. put a speedster outside, allow moss to still run deep, open up the underneath for Welker. A match made in heavan. but clearly not.it should also be noted that we have to pay his entire salary - even if he signs with another team (let's just call him Edgar Renteria...or Julio Lugo... )
Quote from: BrickJames on October 20, 2009, 10:51:49 AMWhy are we releasing these guys before the trade deadline? Sure, "no one wants them". OK, why not wait until tomorrow and at least try?If you are going to throw them away at least try to get someone else's garbage for them.Unfortunately, I do not understand much of the NFL's CBA rules, but I would imagine there is a good reason for it.
Quote from: BrickJames on October 20, 2009, 10:51:49 AMWhy are we releasing these guys before the trade deadline? Sure, "no one wants them". OK, why not wait until tomorrow and at least try?If you are going to throw them away at least try to get someone else's garbage for them.Have you considered the possibility, that the releasing of players now, frees up cap space and roster flexibility in order to make a trade before the deadline?
Quote from: Chris on October 20, 2009, 11:46:32 AMQuote from: BrickJames on October 20, 2009, 10:51:49 AMWhy are we releasing these guys before the trade deadline? Sure, "no one wants them". OK, why not wait until tomorrow and at least try?If you are going to throw them away at least try to get someone else's garbage for them.Unfortunately, I do not understand much of the NFL's CBA rules, but I would imagine there is a good reason for it.That makes two of us.
There is a method to the Patriots' madness in the flood of activity. Both Banta-Cain and Alexander, who is also reportedly going to be re-signed, were playing under one-year contracts that qualified as "minimum salary benefit" deals under the NFL's collective bargaining agreement. Such deals can't be renegotiated or extended in any manner, according to the CBA. So, to lock up both players to longer term deals the Patriots had to release them. Minimum salary benefit deals apply to players with four or more credited NFL seasons, who sign for the league minimum salary based on their years of service and then get no more than an additional $50,000 in compensation from the team. That was the case for Banta-Cain, in his seventh year, and Alexander, a fifth-year player, both of whom prior to being released were on one-year contracts with $620,000 base salaries (the minimum for NFL players who entered 2009 with four to six years of experience under their belt) and then had roster and workout bonuses that totaled an additional $50,000. The benefit belongs to the team. In both cases, Banta-Cain and Alexander had cap charges that were only equal to the minimum salary of a player with two credited seasons prior to 2009, which is $460,000. By extending both players their cap charges will actually go up. The same goes for wide receiver Sam Aiken, who signed a two-year contract extension on Monday. Aiken's base salary for 2009 went up from $645,000 to $1.16 million. The reason for releasing Banta-Cain and Alexander within the last 24 hours is that once the NFL's trading deadline, which is today at 4 p.m, passes, all released players are subject to waivers until Feb. 1. Up until the deadline, players with four or more seasons of service are not subject to the waiver system. So, the Patriots had to release Banta-Cain and Alexander if they wanted to sign them to new deals, but wanted to do so without exposing them to waivers, where another team could claim them. It's actually a very shrewd move.