The Atlanta Falcons have completed the reverse “catch-and-release” move regarding veteran running back Verron Haynes.
The Falcons cut Haynes on Saturday. And they have announced that he has been re-signed Monday.
The move was undoubtedly done for one reason — to avoid Haynes’ base salary from becoming essentially guaranteed in 2009.
Here’s how it works. Any player with four or more years of service who is on a Week One roster and thereafter is cut may elect to take the balance of his salary as termination pay.
It’s a benefit that’s available to every player once and only once in his career.
But the benefit often ends up being a detriment, causing guys like Haynes to lose a game check so that the team won’t have to give him all 17 of them if they decided in early October or thereabouts to cut him loose.