OK, for those who are curious, we've heard $12 million, $9 million, $680,000, both $12 million plus $9 million.
What's a fan to believe??
OK, here it is – the real, REAL numbers:
Owens deal included $13 guaranteed – $12.9M was in a signing bonus and the other $100,000 was guaranteed as part of his 2008 salary. Therefore, prorate $12.9 over 4 years and you have $3,225,000 per season.
If Dallas cuts Owens before paying him his roster bonus due June 3, the remaining amount of his signing bonus is accelerated into the 2009 cap figure:
$9,675,000 ($3.225M x 3 years remaining)
If Dallas keeps him for 2009, they owe him a $3M roster bonus on June 3, plus a salary of $2.67M. Add that to the prorated signing bonus ($3.225M) and you get:
$8,895,000 ($3M + $2.67M + $3.225M)
Difference: $680,000 more if he is cut.