Originally Posted by Lucky
From where is that info coming from? Walter had $11 million in guaranteed money.
That was in a $5 million bonus and the first 2 seasons salaries ($6 million total). The salaries have been received, but that bonus didn't hit the cap in one year. There would be $2 million in dead money if Walter is released. If Walter is cut, it's a savings of $1.5 million.
If Walter again agrees to a salary reduction to $2 million,his cap number shrinks to $3 million. Thus, there would only be a $1 million difference in keeping Walter. If that's the case, the Texans would likely keep him. Here's what Kubiak had to say about Walter
when he signed the contract:
Even if the Texans sign a FA WR and draft another WR early, Walter likely stays. They won't keep a Lestar Jean over Walter for a cap savings of $500K. And it's very unlikely that Posey makes it on the field in 2013. Even as a 4th WR, I think Kubiak will keep Walter.
While I understand that there isn't a huge savings if Walter is cut, in the end its a savings that is needed. That 1.5M could help fill holes when you consider that Cody was roughly playing for that amount. So starting players can be had for that savings. I don't see the Texans paying a #3 or #4 wr 2M for the yr. That is dumb business & a waste to be honest. I believe they are simply taking too much heat now for not properly addressing the need & now the owner is even on the bandwagon to get a true #2 wr. Which I must admit I'm elated to see. When the owner speaks I'm sure the employees, kubiak & the FO, will take note & listen.
I also don't see the Texans giving up on Jean who has shown signs of potential to keep a player who is obviously past his prime & costing this team more money then he's worth. You simply don't dump cheap potential to keep a player who is in decline & overpaid imo. I know you don't think the savings is much, but its pretty obvious w/ the salary cap every penny counts & Walter is eating up valuable cap space.
As far as what kubiak had to say about Walter, was anything less expected? The running joke is that kubiak has a "man crush" on Walter which is why he refuses to replace him & honestly how many times has anyone seen a coach speak negatively about a player they just resigned? It simply won't happen & I'm sure if we dig deep enough we could find kubiak speaking highly of Jacoby after extending him & then he eventually cut him. Talking the player up & then eventually cutting them is hardly a new concept.