Financial Impact: Trading Andre Johnson

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May 28th, 2014 by Michael Ginnitti

USATSI_7550431_160074578_lowres A little less than four years ago, the Houston Texans gave All-Pro Wide Receiver Andre Johnson a 7 year $67.8 million extension. It’s been no secret now that the state of the Texans isn’t sitting well with Johnson, who’s been rumored to want out of Houston. As it stands, the contract has 3 years and $34.5 million in cash remaining, signed through 2016. At 32 years old, Johnson isn’t the youngest receiver on the potential trade block, but he’s arguably the best.

 

The Current Contract

Screen Shot 2014-05-28 at 7.57.59 AMTaking a look at the deal, the key column to note is the “Dead” column, that signifies the unallocated cap dollars that would remain with the Texans should they release or trade Johnson within the 2014 year. To further explain:

If Johnson is traded after 6/1/2014, the Texans will incur:

  • 2014: $4,644,583 in dead cap
  • 2015: $7,319,583 in dead cap

 

The Traded Contract

newandreThis is how the current contract will look to the team that trades foe Andre Johnson. The $11 million cap figure for 2014 ranks 7th among active wide receivers, and quite frankly it takes many teams out of the discussion in terms of cap space. But with that said – you’ll notice the right “Dead” column is empty now, meaning no guaranteed cash or cap dollars remain on this contract. This leaves the opportunity for Johnson and his new team to restructure a new contract going forward, reducing the 2014 cap figure, and getting Johnson a nice chunk of cash up front.

 

Potential Landing Spots

 
New England
They made their splash on the defensive side of the ball with the creative signing of CB Darrelle Revis, but they’re receiving core seemingly hasn’t gotten better yet. Johnson would be an instant playmaker, similar to the acquisition of Randy Moss in 2007.

Cleveland
Kind of a no brainer here, especially with the continued issues for Josh Gordon. The Browns have around $25 million in cap space at this moment – and a lunch bag of good receivers – but no every down threats. Johnson instantly becomes the go-to guy for Brian Hoyer (?), making an average offense, better.

Tennessee
Many feel the Titans aren’t as far away as it appears on the surface, and with the removal of Chris Johnson’s bloated contract off the books (almost), the Titans have a bit of wiggle room going forward. Their current WR core includes Nate Washginton, Justin Hunter, Kendall Wright, and Dexter McCluster – a promsing bunch without question. Johnson brings experience, and draws double teams – leaving other talented wideouts with space.

 
Keep track of all NFL contract related news at our transactions wire 

 

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