Bears Have Gotten Money Back From DT Sedrick Ellis

Discussion in 'Chicago Bears' started by SRW, Jul 28, 2013.

  1. SRW

    SRW Ex-World's Worst Site Admin Staff Member

    The Chicago Bears have recouped the money they paid retired defensive tackle Sedrick Ellis and his replacement Jamaal Anderson will take up almost the same room under the team’s salary cap.

    Ellis received a $285,000 signing bonus from the Bears but that has been processed after he opted to retire and did not show for training camp, landing on the reserve/retired list. The team had signed the former first-round pick of the Saints to a $1 million, one-year contract with $500,000 guaranteed. Ellis had $215,000 of his $715,000 base salary guaranteed, but that money will not be paid out now.

    All of the $1 million will not be credited back to the Bears’ salary cap this season, though, because Ellis retired.

    Source: Chicago Tribune
  2. DaBearsrule4ever

    DaBearsrule4ever Hall Of Famer

    That was as easy as 1,2,3.

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