Monday, July 16, 2012

Where Does the Drew Tate Money Go?

With word that Drew Tate is out for the season to fix his shoulder for the year one issue is where his salary cap hit gets deployed. Players going on the nine game injury list don't have their salary during that time apply to the CFL's salary cap. With Tate gone for 15 games, 83.3% of his salary is likely available to the Stamps. According to this helpful article about CFL quarterback salaries from the Winnipeg Free Press, Tate's base was $200,000 (obviously he won't be making his bonuses this year) so that's $166,666.66 of extra salary cap room available this year. One caveat, backup Kevin Glenn might have some incentives in his contract that could now be met and take away from that number.

Still that's a good amount of money for a non-quarterback. Calgary would be in the lead spot for grabbing any noteworthy NFL cuts. The Stamps could front load a contract as well with a signing bonus leaving more salary camp room for next year.

The one winner in the Tate injury is now third stringer non-import quarterback Brad Sinopoli. With Tate gone the entire season, Sinopoli probably stays on the roster the entire season.

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