Originally Posted by Cave Johnson:
This feels very similar to losing to the Titans and landing Suggs.
Suggs was a savvy get, and he chipped in nicely... but Bells addition smells far more exciting and impactful, this opens up any number of possibilities [Reply]
Originally Posted by penguinz:
That article is wrong. Bell was never on waivers. He was released and a free agent. KC only owes him whatever they agreed to.
The Jets are responsible for the remaining $6 million on Bell's 2020 base pay, but there is an offset clause that will defray it by the amount of the salary on a new contract with the Chiefs. [Reply]
The 28-year-old running back is in the second year of a four-year, $52 million contract. Any team who claims Bell on waivers will be on the hook for his remaining salary.
The 28-year-old running back is in the second year of a four-year, $52 million contract. Any team who claims Bell on waivers will be on the hook for his remaining salary.
Wrong, only if a team traded for Bell would they be responsible for the remainder of his contract. [Reply]
Originally Posted by KChiefs1:
The Jets are responsible for the remaining $6 million on Bell's 2020 base pay, but there is an offset clause that will defray it by the amount of the salary on a new contract with the Chiefs.
The second paragraph on the article states (I bolded the part that's very important):
Originally Posted by :
The 28-year-old running back is in the second year of a four-year, $52 million contract. Any team who claims Bell on waivers will be on the hook for his remaining salary. So far, Bell earned just over $28 million of that contract. That total represents nearly two-thirds of Bell's career earnings after making just over $16 million during his time with the Steelers.
Since he a vested veteran, he never was on the wavier wire. Bell is a free-agent and the Jets is on the hook for that contract.
Since he's coming to KC, and since it's established he is here for one year (don't know the actual numbers, but let's say he's signing for $1 million), whatever the Jets owe ($6 million I believe) will be down to say $5 million, while the Chiefs are only paying him $1 million to offset the difference.
And this does not impact the Chiefs salary cap in the future. [Reply]
