(11-03-2018, 10:59 AM)Jags02 Wrote:

(11-02-2018, 05:55 PM)Jaguarmeister Wrote: ...or trading him (and probably giving up a pick to do so) and taking little to no hit.

For starter, the Jaguars are sure to get a 6th or 7th round pick in a trade. We're not giving up a pick to take his salary off the books. Why would we? We're only concerned about that $6.5 mil guaranteed with the offsets and all. I'm thinking the Texans guaranteed Osweiler's entire $15 mil salary, so that's an entirely different situation. A new team could trade for Bortles wherein they would be responsible for the $6.5 mil guaranteed, and at that point, they could re-work a new deal with him to wipe out the additional salary. It's really about finding a team willing to spend $6.5 mil for Blake.

Also, we'd still take a hit in a trade because we'd have to cover that $10 mil bonus amortization as dead money, but at least we're talking about saving $11 mil... that's quite a bit better than $4.5 mil, or even $7 mil should he sign elsewhere as a backup.

Yes I see now.  I was disregarding the additional $5 million cap hit from his signing bonus in 2020 which we would still need to recognize.

Could be a win/win for us and a trade partner if we can get in position to get a guy we love in the draft who can be ready to play early and be able to trade Bortles for a late round pick.  The team picking him up would only have to worry about the $6.5 guarantee until he’s made the 53 man roster and would have an option on him the following year.  That’s a lot of moving parts though.  He’s probably going to be the starter when training camp opens next year having revisited and rethought this unless the team figures out a way to get comfortable eating approximately $13 million or so in dead cap space by just cutting him.  What a terrible extension that was.  I understand wanting to reward him for the end of last year and wanting to not be going into a draft without a starter on the roster, but good grief just let him play on the 5th year option like he was set to do and attempt to extend him during the season if things continued going well.

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