Originally Posted by patman
This is not difficult. Sanchez costs the Jets a total of 8.5 mill of cap room over the next three years even if he dies if he dies in january.
He is owed another 8.25 mill is salary next year that is fully guranteed as long as he is breathing.
He is owed another 500,000 if he is breathing and reports to the off season workouts.
If he is traded or cut before the offseason workouts he hits the 2013 cap for
16.75 mill dollars. If a team trades for him and picks up whatever part of that guaranteed 8.25mill salary, that part is removed from the 16.75 mill cap hit.
If he stays on the jets, he gets the 8.25 and the .5 WO bonus. However 4.5 mill of non-amoritized money is added for cap purposes, this is not "new" money but just the pro rated portion of the 3 years remaining on his SB for a total cap hit this year of about 12.75 mill.
So for the jets to save cap money this year, the new team will have to pay enough of sanchez 2013 salary equal to the 2014 and 2015 prorated bonus or about 4.5 mill.
So the question is can the jets find a buyer for sanchez for enough money to warrant adding the 2014 and 2015 pro-ration on to the 2013 cap.
I'd assume the first move made this offseason is the GM to approach mark about converting some of that guaranteed $ to signing bonus to help with the cap or facilitate a trade