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This web site is very good for the details and breakdowns:
http://www.overthecap.com/cap.php?Name=Derek Sherrod&Position=OL&Team=Packers
The $5.3 mil guarantee was eaten up by his signing bonus and his salaries in his first 3 years. His approx. $1.3 mil salary for 2014 is not guaranteed and would represent cap savings if he's released.
Up to this point it cost us nothing to keep him around beyond what was already guaranteed other than a roster spot. The roster spot wasn't even a factor during his time on IR and PUP. One could afford to be exceedingly optimistic about his prognosis since it cost nothing. Now, that optimism costs $1.3 million in cash and cap so it needs to be justified.
Thanks to both of you. I think you're right that training camp will be huge for Sherrod this year. He will have to show that he's significantly better than Adams, Barclay, draft pics, and all of the other practice squad guys or he'll be jettisoned. I expect that he won't do that. They won't keep him if he's the 8th best O-lineman after camp.
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