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Dumping Garrard saves $8.075 million in cash and cap space

David+Garrard+Jacksonville+Jaguars+Training+i6wrUeWs-qAl Getty Images

As of last week, the Jaguars had $28 million in 2011 salary cap space.

They now have even more.

Per a source with knowledge of former starting quarteback David Garrard’s contract, he was due to earn a base salary of $8.075 million in 2011.  Now, not.

Also, because there is no remaining bonus allocation applicable to Garrard, the team takes no cap hit by dumping him.

And so, assuming that the team hasn’t been signing players to big-money deals in the past week, the Jags should have more than $35 million in salary cap space.

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49 Responses to “Dumping Garrard saves $8.075 million in cash and cap space”
  1. mataug says: Sep 6, 2011 7:10 PM

    If the owners aren’t even bothered to spend a few quid to improve their team, why should the fans bothered to come watch the games & fill the owners’ pockets.

  2. Exiled1 says: Sep 6, 2011 7:13 PM

    Good they’ll need the money to buy all those 34 cents on the dollar blackout tickets all season.

  3. thegallopingghost says: Sep 6, 2011 7:16 PM

    o yeah, no way this move was about money.

    good thing the jags don’t come across as cheap

  4. Soulman45 says: Sep 6, 2011 7:20 PM

    Frist to say it money nothing but money.

  5. andylee4sfmvp says: Sep 6, 2011 7:20 PM

    Niners need to send GM Baalke on a plane right now to JAX and do whatever necessary to convince him to sign asap!

  6. scudbot says: Sep 6, 2011 7:21 PM

    That should leave a cool $33.5 million in the kitty after they buy up all the rest of this season’s tickets.

  7. rdrs68 says: Sep 6, 2011 7:22 PM

    does this open the door for a Tim Tebow deal?

  8. xxspartanx109xx says: Sep 6, 2011 7:23 PM

    Hey! They might be a 4-12 team next year but at least they saved a few bucks doing it!

    Schmucks….

  9. cured76 says: Sep 6, 2011 7:24 PM

    Nono it wasn’t about the money. It was about ditching the starter less than a week before opening day. Come on, say it with a straight face!

  10. nineroutsider says: Sep 6, 2011 7:24 PM

    Seems like they have a nice fund for preventing lockouts…they are going to have to buy back thousands of tickets per week.

  11. steeltownpride says: Sep 6, 2011 7:25 PM

    I see the Bengals future for David Garrard .

  12. favreforever says: Sep 6, 2011 7:25 PM

    Jags had the lowest payroll in the league before they cut Garrard.

  13. KIR says: Sep 6, 2011 7:28 PM

    This makes Chris Johnson look a lot smarter than Matt Forte. Hell, this makes Chris look like a genius. :-)

  14. nikkodawg says: Sep 6, 2011 7:29 PM

    Saving money for moving expenses?

  15. vbe2 says: Sep 6, 2011 7:29 PM

    $35 Million in cap space? Just imagine what the Eagles could do with that money…

  16. shawon0meter says: Sep 6, 2011 7:37 PM

    Jags fans will be flocking to the stadium now

  17. deeeeetroit says: Sep 6, 2011 7:46 PM

    how they can afford being the 1st overall pick for the next 4+ years straight…

  18. sadie753 says: Sep 6, 2011 7:51 PM

    someone needs to tell Del Rio that they have Gabbert and that they don’t need to play this season for Luck!

  19. Vegas Guy says: Sep 6, 2011 7:52 PM

    Mike Brown down there running that organization? Really sounds like the kind of moves Cincy makes.

  20. jagwar73 says: Sep 6, 2011 7:55 PM

    You were a class act David. Good luck moving forward. Now let’s stretch the field some and get a few of those defenders out of the box for MJD. Meanwhile, the Franchise is coming….. number 11 in your program but number 1 in your hearts.

  21. cheezysmegma says: Sep 6, 2011 7:57 PM

    It really wasn’t the money that led the Jags to releasing Garrard. It was the tremendous bookeeping expenses associated with cutting the checks and figuring his cap number, taxes and 401K, etc.

    Welcome to the future! Teams will save money now and invest the guaranteed long-term contracts only on players that really seem to be “a sure thing.” Look for lucrative short term contracts for talented stop-gap players to fill gaps in the rosters and avoid the league minimum.

    You heard it here first.

  22. favreforever says: Sep 6, 2011 7:58 PM

    Garrard, Gabbert, and Del Rio, all said the right things about the quarterback competition, everything nicey, nicey. But the whole time there was a test of wills in the locker room. Like two fighting dogs in a staredown. Garrard went limp and gave up. He walked the plank of his own volition.

  23. polishkingski says: Sep 6, 2011 8:00 PM

    i`ve been pondering this happening for a couple hours on pain meds for my ankle….and it still makes no sense after the meds have kicked in. well, maybe after a crown royal on the rocks it will be clear to me. feel bad for the jags fans. season is in trouble before the first sunday has arrived. don`t worry jgas fans, i am sure to be feeling your pain very soon, sincerely, a bills fan.

  24. readysethike says: Sep 6, 2011 8:02 PM

    if they had traded him, could they still saved $8.075 million?

  25. thegonz13 says: Sep 6, 2011 8:03 PM

    $32 million in cap space and they still field a mediocre team?

  26. redrocker77 says: Sep 6, 2011 8:03 PM

    Watching Garrard the last two years has been like pulling teeth at times. I hope the Colts take him and he starts the whole year. That’ll get you a whopping 8-8.

  27. kburton103122 says: Sep 6, 2011 8:08 PM

    Andrew luck anybody?

  28. britishraven says: Sep 6, 2011 8:13 PM

    readysethike says: Sep 6, 2011 8:02 PM

    if they had traded him, could they still saved $8.075 million?

    Yes, but they’d have to find another mug team happy to pay that money or get a new contract agreed; I doubt any team was prepared to do that therefore they cut him

  29. joetoronto says: Sep 6, 2011 8:14 PM

    What a disgrace and a slap in the face to their fans.

    Move this friggin team asap.

  30. richm2256 says: Sep 6, 2011 8:16 PM

    If there’s one thing fans love more than a Super Bowl championship, it’s a team payroll way under the salary cap!!!!!

    Gooooooooooooo Jags!!!!!!!!!!

  31. richm2256 says: Sep 6, 2011 8:19 PM

    thegonz13 says:
    $32 million in cap space and they still field a mediocre team?

    —————————————————————-

    $32 million in cap space is WHY they’re fielding a mediocre team.

    Good teams SPEND money, crap teams don’t

  32. trbowman says: Sep 6, 2011 8:23 PM

    Most disrespected player in the league. Scapegoat. Sometimes I think Warren Moon might have a point.

  33. trbowman says: Sep 6, 2011 8:24 PM

    I am glad Luke McCown is getting a chance, though. He’s been good with his opportunities.

    Whoever gets Garrard is getting a steal.

  34. bradygazelle says: Sep 6, 2011 8:25 PM

    A move like this will sell a ton of those $9 tickets!

  35. tfbuckfutter says: Sep 6, 2011 8:28 PM

    It also saves them from a lot of really mediocre QB playing.

    Of course….it comes at the cost of replacing the mediocre QB play with really really awful QB play.

  36. jpietrefesa says: Sep 6, 2011 8:58 PM

    Luke McCown? I just can’t wrap my head around that. How can you try and sell any message of trying to win to your players and fans with this move?

    Oh look I see a white flag up in the air, its says McCown on the back.

    Why even waste playing time on McCown with his 1-7 career record? You have to put Gabbert in week one, if he goes 2-6 in the first half of the season he’ll already have a better career.

  37. qdog112 says: Sep 6, 2011 9:12 PM

    It’s always OK when a team does this, but not OK when a player has the leverage to negotiate for a better deal. Do you side with the owners because, you too are a millionaire or for some other reason?

  38. cleverbob says: Sep 6, 2011 9:14 PM

    What is the benefit in cutting him so late? Is it an “F.U., good luck signing now” to Garrard and/or potential new employers?

  39. egetto says: Sep 6, 2011 9:15 PM

    Makes you realize how little people know about the direction this franchise is going. They did draft Gabbert 10th overall this year, spend a ton of money bringing in defensive free agents….ah never mind…..go back to talking about tarps, blackouts, and moving to LA. Even if its wrong, its really witty every time you say it.

  40. nflfan1326 says: Sep 6, 2011 9:37 PM

    @readysethike

    Do you really think the Jags could have traded him and some team pay him $8.075 mil per year? C’mon just think about it. If some team wanted him, they would just wait for jags to cut him, which they did. Unless you’re Daniel Snyder, you don’t pay $8.075 mil for a backup, Denver not withstanding. And as far as some of these rants on this thread, the Jags had no blackouts last year and did not blackout their two pre-season games this year. If you want to talk about buy back see St. Louis and Tampa Bay.

  41. nflfan1326 says: Sep 6, 2011 9:39 PM

    You don’t cut players if they are good. He’s no good. Prediction, he ain’t getting $8.075 mil with his new team.

  42. beelicker says: Sep 6, 2011 9:45 PM

    >>> if they had traded him, could they still saved $8.075 million? <<<

    Seems like a pretty good indication he's actually NOT worth anything close to the $8.075 million if they COULDN'T, wouldn't you say? I'd say he just lost the job fair & square more or less legitimately. Since they've also obviously & practically pre-determined the eventual outcome anyway by drafting the heir apparent in Gabbert why continue throwing good money after bad?

    It's also not like a QB could come in somewhere and learn a completely new system in much less than a full month, so you'd be getting him for that to be your #3 for a few weeks at least until he would be able to get up to speed …. and that's if he's a real quick study.

    If you mean if they traded him before the first game (at which point his salary as a vested vet would have become guaranteed) would they not have to pay him, the answer is yes.

  43. pftstory says: Sep 6, 2011 10:03 PM

    Garrard was not going to make this team a winner

  44. favreforever says: Sep 6, 2011 10:03 PM

    No sympathy for Garrard. That was how he got the starting job four seasons ago. Meanwhile he has made enough money to keep several generations of his family in luxury. Live by the last second cut, die by the last second cut.

  45. rushbacker says: Sep 6, 2011 11:42 PM

    What is the benefit in cutting him so late? Is it an “F.U., good luck signing now” to Garrard and/or potential new employers?
    _________________________

    More likely they’ve been planning the move for a while, but gave no indication and held onto him until the last second so the Colts couldn’t bring him in and get him up to speed in their scheme. Now they’re committed to Collins.

  46. tatum064 says: Sep 6, 2011 11:48 PM

    It wont save their season. Name the last .500 team that let go of their starter on opening week.

    Dumping Garrard saves $8.075 million in cash, but it wont save their season.

    The plus side is they have a good young QB, and it aint Luke McCown, thats for sure.

  47. bullethead527 says: Sep 7, 2011 2:04 AM

    Luke gets hurt, they start Gabbert, who sucks real bad, and with the play of the Def and some lucky plays by the offense, the Jags go 2-14, sounds like the Panthers last season, then the Jags draft Luck, and the cycle continues…..LOL

  48. jcjaguar says: Sep 7, 2011 7:08 AM

    tatum064 says:

    “Name the last .500 team that let go of their starter on opening week.”

    That would be the 2007 Jacksonville Jaguars who, BTW, made the playoffs that year!

    What a bunch of know-nothings on this board!

  49. souldogdave says: Sep 7, 2011 8:40 AM

    Saving for Carson?

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