Raiders face a key deadline in Wimbley deal

AP

As the Raiders try to reduce dramatically cap a commitment that currently exceeds $145 million, the cross hairs initially have landed on linebacker Kamerion Wimbley.

He’s due to receive a base salary of $11 million in 2012, $11 million in 2013, $10 million in 2014, and $11.5 million in 2015.

But here’s the bigger problem, more than three times more significant than the $4.5 million in 2012 cap space that would be saved by cutting Wimbley now.  A league source with knowledge of the Wimbley contract says that, if he’s on the roster on the fifth day of the 2012 league year (i.e., March 17), the $4.5 million becomes fully guaranteed, an $11 million salary guarantee vests for 2013 and another $2 million in guaranteed money locks in for 2014.

Thus, the total savings equate to $17.5 million.  (Last month, the Raiders cut Stanford Routt to avoid a full guarantee of only $5 million.)

That said, another source tells PFT that Wimbley is willing to listen to any offers the Raiders may make, notwithstanding past reports that he won’t take a pay cut.

And here’s where tampering could actually help the Raiders.  If Wimbley shops himself around and realizes no one else will pay the same amount the Raiders offer, his best bet will be to accept the Raiders’ offer and stay put.

18 responses to “Raiders face a key deadline in Wimbley deal

  1. With all due respect to the late Al Davis, free agents will miss him with these kind of deals he use to dish out goodness. That sounds like highway robery.

  2. He’s good. He’s not worth that much, but I could say that about a lot of the Raiders. Personally, I hope they keep Aaron Curry instead if they can only keep one of the two. He’s cheaper, and while he’s not elite, he played with more intensity as a Raider last year than anyone else I saw. If you watched any Raiders games last year, I’m sure you saw that too. Ran hard, made plays, and was fired up.

  3. When Reggie McKenzie took the GM job this year he had to know it was bad but I guarantee his official first week he had no idea it was that bad…

    If there is a GM that is going to turn all this around it is him.

    But It’s going to take a long time…

    So with Palmer telling the world they are on the verge of a Championship someone needs to set him down and show him the financial books.

  4. Just another bad memory for we Browns fans. We swapped draft slots with Baltimore so that we could take Wimbley, ummmmm they took Halati Ngata. Go ahead and yuck it up, we deserve it. And once again thank you Phil Savage.

  5. Why should Wimbley take a cut in pay? If the Raiders cut him, he walks away with $6.5 million for not playing in 2012.

    He can then sign a contract with another team and make more money.

    If the Raiders want to throw away $6.5 million to save $4.5 million, in salary cap space, that’s up to them.

  6. It’ll be nice when these “league sources” learn how to tweet…

    Reggie will figure this out. No LB is worth that money…

  7. Kam and Curry are the real deal. I like both of them in Dennis Allen’s 3-4/4-3 hybrid defense. We need to keep them. The quarterback must go down and must go down hard, yadda yadda.

  8. I wonder if the Raiders will have to cut ties with some of the big money contracts and start fresh with some late rounders or some unwanted players who need a fresh start.

  9. Methinks Wimbley is gone.
    The team owes him way too much money as of March 17. He shouldn’t negotiate down and they shouldn’t pay that much for Kam’s level of production. Wimbley isn’t going to accept a low enough salary cut to make this work for 2011.

    Sometimes it’s just like that. Somebody got suckered in that salary negotiation but it’s an untenable situation.

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