Branden Albert retires

[The Franchise]

Just heard it on SiriusXM.

[DaneMcCloud]

Originally Posted by jjchieffan

I wonder how that works? If he wants to come back, then his salary still counts against their cap right? They have to release him to free up the cap space. I mean, they can't just hold his rights, keep him from signing anywhere else, and not have him count against them in some way I wouldn't think. Plus, if he is trying to come back, can the team really have a chance at recovering the signing bonus money? Speaking of the signing bonus money, that was paid by the Dolphins, not the Jags, so how can they recover any of it?

He retired so they're no longer obligated to pay his 2017 salary.

Apparently, he has guaranteed money that hit their cap with his retirement, so the Jags will take a Dead Cap hit unless they force Albert to repay it.

The moment he was traded to Jacksonville, all monetary obligations became theirs and not the Dolphins.

[jjchieffan]

Originally Posted by DaneMcCloud

He retired so they're no longer obligated to pay his 2017 salary.

Apparently, he has guaranteed money that hit their cap with his retirement, so the Jags will take a Dead Cap hit unless they force Albert to repay it.

The moment he was traded to Jacksonville, all monetary obligations became theirs and not the Dolphins.

I would think that the dead cap hit would be the Dolphins the minute they traded him. They're the ones that paid the signing bonus. What have the Jags paid him? They can't take a dead cap hit on money that they didn't pay. Did they give Miami cash in the trade for the remaining signing bonus?
And as far as the being retired so no longer obligated to pay his salary, isn't that why the Seahawks let Lynch sign with the Fade? Because they were going to be on the hook for his salary because he was still under contract? And there was talk of Megatron coming back and forcing the Lions to cut or trade him because of the salary cap hit. How is Albert's situation different?

Not saying that you're wrong. Just trying to make sense of it.

[DaneMcCloud]

Originally Posted by jjchieffan

I would think that the dead cap hit would be the Dolphins the minute they traded him. They're the ones that paid the signing bonus. What have the Jags paid him? They can't take a dead cap hit on money that they didn't pay. Did they give Miami cash in the trade for the remaining signing bonus?

That's not how it works. You trade for a guy, you assume his contract and financial responsibility. Now, if Albert had agreed to restructure his deal after the trade, then I'm sure that Coughlin wouldn't have given up any guaranteed money on his new deal. But that didn't happen.

Albert played the Jags, plain and simple.

Originally Posted by jjchieffan

And as far as the being retired so no longer obligated to pay his salary, isn't that why the Seahawks let Lynch sign with the Fade? Because they were going to be on the hook for his salary because he was still under contract? And there was talk of Megatron coming back and forcing the Lions to cut or trade him because of the salary cap hit. How is Albert's situation different?

Not saying that you're wrong. Just trying to make sense of it.

The Seahawks traded Lynch to the Raiders and Lynch agreed to redo his entire contract so that the Raiders wouldn't be on the hook for the $5 million or so he had left on his Seattle deal.

There's no way in the world the Lions were going to do the same for CJ.

[DJ's left nut]

Originally Posted by DaneMcCloud

He retired so they're no longer obligated to pay his 2017 salary.

Apparently, he has guaranteed money that hit their cap with his retirement, so the Jags will take a Dead Cap hit unless they force Albert to repay it.

The moment he was traded to Jacksonville, all monetary obligations became theirs and not the Dolphins.

Guaranteed money - yes. Bonus money - no. The Bonus money all went on Miami's cap.

Honestly, I'm not even sure how Jax could force him to repay it and if they did, why would they get a cap credit for money that was never charged to their cap to begin with? Wouldn't it be Miami with the standing to force him to pay it back? They actually paid it. But by trading him, have they lost their status as an injured party? If so, could Jax now claim that part of the reason they traded for him was that they didn't have to worry about his signing bonus and thus part of the 'value' was that his bonus had already been paid. In that event, I could see them having standing to get the bonus money back but still not get a cap credit for it.

As for guaranteed money, nothing on his prior contract indicates that he had any guaranteed salary for 2017, at least not that I can find. I don't see any way Albert's retirement should create any kind of cap charge against Jax.

It's an odd, tangled web to be sure.

[DaneMcCloud]

The #Jaguars have officially released LT Branden Albert. Saga is over

— Ian Rapoport (@RapSheet) August 11, 2017

[Bewbies]

You think Elway has called his agent yet?

[JakeF]

Albert never retired, he told the Jags he was coming back so they cut him.

[Hydrae]

Originally Posted by JakeF

Albert never retired, he told the Jags he was coming back so they cut him.

I think that saved him some money that he was going to have to pay back if he just retired. Something like $3.5 mil.

[DJ's left nut]

Yeah, in the end Albert won here. Got everything he wanted and doesn't have to play for the Jags. Everything came up quitter on this one.

[JakeF]

Originally Posted by DJ's left nut

Yeah, in the end Albert won here. Got everything he wanted and doesn't have to play for the Jags. Everything came up quitter on this one.

I've never thought Albert had a passion for the game.

[MahiMike]

Well, Bye!

[Nickhead]

Originally Posted by MahiMike

Well, Bye!

he say's from the jail cell