Originally Posted by phillyjet
it's still a 17 million hit if another team agrees to restructure and pay out over a longer term his guaranteed 8.25 million?
No it is not a 17 mill hit. It will be a 8.5 mill hit to account for three years of non amortized bonus money that he has already received. The new team is responsible for his 2013 salary of 8.25 mill and his $500,000 Work out bonus.
However this would assume that there is a team that is willing to give him more than the 8.75 he is guaranteed as a SB and spread that hit over say 4 years and that the contract will need to pay hm at least 2mill more for each of those 4 years. Do you think there is any GM in the league that will go to his owner and say give me 10 mill so I can give it to Mark Sanchez as a signing bonus?
Pretty far fetched scenario.