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Elvis Dumervil Has Left The Building

The Denver Broncos have a history of finding creative ways to lose key players.

The Denver Broncos have a history of finding creative ways to lose key players. In 2009, Jay Cutler was traded to the Windy CIty because Josh McDaniel had an obsession with Matt Cassel and Brandon Marshall was joining him in Chicago soon afterward. On Friday afternoon, their ineptitude went to another level. I guess you could say, it was a Mile High level.

The original Elvis “left the building” during the summer of 1977. In the  four decades since, telecommunication has advanced tremendously, and yet, look at what happened. Somehow, Elvis Dumervil and his agent Marty Magil’s lack of awareness about the last 35 years of technological innovation, resulted in an $8 million mistake on Friday afternoon.

Now pay attention because this gets more complicated than reading Sean Payton’s playbook in braille.

After 4 pm ET on Saturday, Dumervil’s 2013 salary of $12 million dollars would have been guaranteed. The Broncos spent all week negotiating with Dumervil on a restructured contract. What began as a $6 million dollar slash was bumped up to a $4 million dollar pay cut, which they came to an agreeement on.


Via ESPN:


     According to a source, both parties reached agreement at 3:25 p.m. ET on the restructured contract. But the team did not get a fax from Dumervil's agent until 4:06 p.m. ET, so it had to release him, according to the source.

According to NFL.com’s Ian Rapoport or anyone that’s ever gone through a few dynasty seasons on Madden, the cap hit from Dumervil’s release prevents the franchise from simply re-signing him to the deal they agreed upon. Here's the timeline of what happened courtesy of the Denver Post's Mike Klis. This reads like an episode of 24. If you listen hard enough, you can even hear Jack Bauer bellowing, "THERE'S NOOOO!! TIME!"

The easy solution would be for Dumervil simply to re-sign a one-year, $8 million contract with the Broncos. It's not that simple, though. In releasing Dumervil, the Broncos now take a $4.89 million salary-cap hit, NFL.com's Ian Rapoport reported Friday. Overall, they created a lot of cap room — more than $7 million — by releasing him, but the Broncos wind up having $4.89 million in "dead money" on the cap.


 

 

 

 

 

 

 

 

 

 

 

 

Union chief Demaurice Smith may be gearing up for another battle with the NFL. Back in 2004, he won a similar battle with the league involving an agent’s paperwork snafu and Niners receiver Terrell Owens.