Monday, November 26, 2012
Wright's suspension costs him $1.7 million
By Pat Yasinskas
Eric Wright's four-game suspension for violating the NFL’s policy on performance-enhancing substances won’t just take a toll on Tampa Bay’s depleted secondary. It will be a direct hit to Wright’s wallet.
The suspension will cost Wright $1.706 million. That’s the total amount of four game checks.
Wright signed a five-year contract worth $37.5 million back in March. The base salaries for his first two years ($15 million total) were guaranteed. But suspensions don’t fall under the guaranteed category.
Each game Wright misses will cost him $426,470. On the bright side, the Bucs will save $1.706 million in cap space and it's possible the Bucs could us that as additional "carry-over'' space for the 2013 salary cap.
Also, ESPN's Adam Schefter has a very important update. He reports the $7.75 base salary Wright was supposed to be guaranteed in 2013 is now null and void due to the suspension. That means, if the Bucs choose to part ways with Wright, they're off the hook for next season's salary. They also would be off the hook for future salary-cap implications because Wright did not receive a signing bonus, which would have been pro-rated over the life of the contract.