Friday, April 18, 2008

MiscellaneousTransactions

04:20 EDT

Over the past couple of weeks, the Lions made several transactions, none of which effected the salary cap much.

Stanley Wilson - Wilson was a Restricted Free Agent (RFA) and before the year began, the Lions offered him a general tender of $927,000. The amount of RFA tenders are counted against the cap at the start of the league year. So, when Wilson officially signed his tender on April 8th, it had no effect on the Lions cap status. His current year cap cost is $927,000.

LaMarcus Hicks - Hicks is entering his second year and signed on April 8th for the league minimum. His salary is not included in the Top 51 and does not effect the Lions current cap status. Current year cap cost is $370,000.

Paul Ernster - Ernster is entering his third year and signed on April 10th for the league minimum. His salary is not included in the top 51 and does not effect the Lions current cap status. Current year cap cost is $445,000.

Stephen Peterman - Just like Wilson, Peterman was a RFA and was offered a general tender of $927,000. He officially signed the tender on April 17th. His current year cap cost is $927,000.

Patrick Body - Was released on April 8th. His base salary of 445,000 was not included in the Lions cap cost. There was no cap savings from releasing Body.

John Deraney - Deraney was released on April 14th. In an earlier blog entry, I suggested that it was odd that they kept Deraney on the roster as long as they did and that no injury settlement was reached. I stand by the fact that I find it odd, but nothing more came of it. Deraney signed a 3 year contract in May of 2007 in which he received a $5,000 signing bonus and was due a base salary of $370,000 in 2008. The Lions have dead cap from releasing Deraney in the amount of $3,334.

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