33 Posted March 7, 2006 Share Posted March 7, 2006 ARRINGTON TURNED DOWN $6.5 MILLION A reader has tipped us off to an unusual dynamic regarding the recent release of linebacker LaVar Arrington by the Redskins, which occurred when he agreed to waive $4.4 million in earned but unpaid signing bonus money. We've confirmed the following new information through a league source. As it turns out, the 'Skins offered to convert the $6.5 million roster bonus owed to Arrington into a guaranteed signing bonus, which would have permitted it to be prorated over four years. The 'Skins also offered to move up all or part of the $4.4 million in deferred payments from his December 2003 signing bonus. Arrington was poised at one point to accept the deal, but then opted for free agency. So the maneuver results in a $10.9 million hole from which Arrington will now dig on the open market. And if his agents haven't lined up a deal that will pay him more than $10.9 million plus his $545,000 base salary in 2006, it will prove in hindsight to be a bad move. http://www.profootballtalk.com/rumormill.htm Link to comment Share on other sites More sharing options...
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