Ohio State WR Draft Pick #37

[Whatever]

(05-25-2017, 02:40 PM)SHRacerX Wrote: I don't understand how his cap would affect the Bengals.  He was released from the Jets, and they are responsible for his guaranteed money.  Honestly, I don't know how or why the cap hit would apply to the Bengals.  Wouldn't that be determined by the contract the Bengals would offer?

It doesn't sound very likely, especially in light of how he will likely end back on the Jets roster.  Interesting discussion, though.  

Yes and no.  Smith was waived/injured, not released.  A team that claims him off waivers is taking over the contract he signed with the Jets. Normally, if nobody claims the player, they become an UFA, but since he was waived with the injured designation, he reverts to the Jets IR if unclaimed.  If we claimed him, the Jets would take the cap hit for the acceleration of his signing bonus, which would be a cap hit of over $1.2 million.  The Bengals would be on the hook for both the real money and cap hit of his 2017 salary($968k) and 2018 salary($1.235 million).