After breaking down linebacker LaMarr Woodley’s contract, Ed Bouchette of the Pittsburgh Post-Gazette can’t imagine him playing in Pittsburgh next season.
The more you look closely at the LaMarr Woodley situation, the more you conclude that either by March 11 or after June 1, he no longer will be a Steeler.
Below is the breakdown of Woodley’s contract.
Woodley is due an $8 million salary in 2014, when he will count $13,590,000 on their salary cap, according to overthecap.com. He is signed through the 2016 season with salaries (and cap hits) of $8.5 million ($14.09M) in 2015 and $9 million ($11.99M) in 2016.
So, let’s say they would cut Woodley today. They would save all the salaries they owe him, including the $8 million this year. According to the league’s CBA rules, however, all of the pro-rated bonus money that has been spread out over the next three seasons would count this year.
If they cut Woodley today, he would count $14.17 million on their salary cap this year, nearly a wash for what he will count — $13.59 million — if you keep him. But by cutting him now, he is wiped off their books for 2015 and 2016 and for a team that many say is in salary-cap hell, that’s a significant cap savings — a total of $25.5 million (his salaries) in both real money and cap savings over three seasons with none of it counting after this one.
Woodley is a good player, but injuries and the fact that his cap number is only going to rise, it’s time for the Steelers to move on.