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Larry Johnson saves his payday, for now

Earlier this year, the Chiefs successfully avoided $3.5 million in guaranteed base salary that would have been owed to running back Larry Johnson this year.

Now, Johnson is poised to earn $4.55 million, guaranteed.

If Johnson, who made the cut to 53 in Kansas City seven months after proclaiming that he wanted out, is on the roster next week at this time, the Chiefs will owe him the full amount of his base pay for the year, given his status as a vested veteran. 

There’s still a chance that the Chiefs will ask Johnson to take less money or take a hike, even though the Chiefs have more than enough cap room to carry his contract.  At a time when many teams are cap rich but cash poor, an ultimatum would be aimed not at creating space for signing other players, but at saving money.

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5 Responses to “Larry Johnson saves his payday, for now”
  1. TheDPR says: Sep 5, 2009 11:14 PM

    Yeah, they’re going to cut their only good RB just to save cash. Sometimes your stories are just plain goofy.

  2. ahall54 says: Sep 6, 2009 1:06 AM

    The story isn’t what’s goofy, it’s the current climate of the league that is goofy. Like Florio states teams are cap-rich and cash-poor. So 4.55 million on a disgruntled, aging RB is not exactly a sound investment. With that roster I wouldn’t expect much production if he is cut, but it certainly will not be surprise if he is cut.

  3. a sensible person says: Sep 6, 2009 3:10 AM

    larry’s still at the top of his game

  4. southernboi727 says: Sep 6, 2009 3:42 AM

    How serious is this cash poor problem in the NFL among teams? Could a team go into bankruptcy?

  5. Alpheratz says: Sep 6, 2009 12:04 PM

    Here’s what you guys aren’t gettting in the story.
    You have a guy with character issues, once his salary goes to guaranteed, he’s going to slack off and have a crap year because he no longer has any incentive to do otherwise.
    That’s why the deal is no good.

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