Originally posted by btthepunk:
Originally posted by Phoenix49ers:
Originally posted by ginseng1000:
By the way, how does a player's contract terminate when he is waived?
Lets say Nmandi signed a 1.3mil contract for 1 year. If he is waived halfway throughout the year do the 49ers still owe him the 1.3mil signed? Who he is only paid for half the year's salary?
All veteran contracts become fully vested in the first week of the season, 49ers owe Asomugha his full amount, thus cutting him doesn't save any money. Basically, the 49ers(and the Eagles) are picking up the tab for Asomugha this season for any team that claims him on waivers.
I read of he's claimed by another team then that team pays the rest.
Yes. The claiming team would assume the rest of his roster bonus($50K), his incentive $425K, likely to not be earned now anyway, we saved those anyway. But we save an additional $480,000 or so with his $1M base being only 9 weeks, as the team would assume 8 weeks.