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FORMULA 1
Cardinals Acquire WR Robbie Anderson
After a sideline altercation with the coaching staff more than sealed his time in Carolina, WR Robbie Anderson was traded to the Arizona Cardinals Monday for 2 late round draft picks.
The Cardinals will relinquish a 2024 6th round pick, & a 2025 7th round pick for the wideout, who brings a team friendly salary to his new team.
Undrafted out of Temple back in 2016, Carolina signed Anderson to a 3 year, $37.7M contract last August, including $20.5M fully guaranteed at signing. Furthermore, the Panthers converted $11.7M of 2022 salary into signing bonus, this past March, leaving only the prorated minimum salary to be moved in this trade.
Arizona Receives
Total Contract: 2 years, $12.69M
2022 Cap/Cash: $690,000 (guaranteed)
2023 Cap/Cash: $12M ($0 guaranteed)
There’s a $3M roster bonus due next March that will put the 2023 salary on notice. If the remainder of the year goes well, a $12M salary may be tenable financially speaking.
Carolina Retains
The Panthers keep $19.9M of dead cap on their books per this move, broken out as:
2022: $10.26M
2023: $9.7M
Carolina saved just $690,000 (cap & cash) this season, but a worthwhile $12M (cap & cash) for 2023.
Concluding Thoughts
Anderson’s acquisition is a reaction to the (possibly) season ending loss of WR Marquise Brown (foot). For now, the Cardinals now have DeAndre Hopkins ($30.75M), Marquise Brown ($13.4M), and Robbie Anderson ($12M) on the 2023 books for a combined $56M of cap.
CATEGORIES
- NBA 103
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AUTHORS
- Michael Ginnitti NFL, MLB
- Keith Smith NBA
- Scott Allen Contributor
- Taylor Vincent NWSL
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