Quick 11 p.m. Dolphins update: No surprise here, but the Dolphins plan to part ways with linebacker Dannell Ellerbe in the coming days. They have explored a trade (his $8.4 million salary next season would be a deterrent) and plan to trade or release him. That would save $5.7 million against the cap pre-June 1. If he is released with a post-June 1 designation, the Dolphins' cap saving would be $8.4 million but that extra savings cannot be applied before June 1. Ellerbe injured his hip in the opener and missed the rest of the season. The Dolphins are expected to go with Jelani Jenkins at weakside linebacker; he was 22nd in the league with 110 tackles last season. Phillip Wheeler also remains at serious risk. Read more here: http://miamiherald.typepad.com/spor...ld-be-his-final-nba-chance.html#storylink=cpy
Not surprising that they would release him, of course, but surprising that its taken this long. I still don't see what cutting Wheeler to free up 300k does to help though.
I was on the home page of the forums and I saw "Ellerbe to be traded..." and I'm thinking to myself, "who did they sucker into taking that salary?" Then I clicked on and read the rest of the headline. Oh well.
Really there's an argument to be made here for structuring contracts in such a way that players can be traded if need be. Notice the Patriots can trade players like Richard Seymour and Logan Mankins when it comes time, and still keep right on truckin' without the dead money cap hits that would come from releasing them.
Trade? Let me check the value chart. Yup, here it is: I don't think Miami will get the Fritos or pickles though.
