Damien Woody
Position: Guard
OT Damien Woody, a free agent, signed with the New York Jets on March 3, 2008. The contract is worth a possible 25.5 million dollars over 5 years and includes 11 million in guarantees. Woody received a 2.55 million dollar signing bonus and will be eligible for an extra $400,000 per year in workout and weight bonuses. Woody will receive a roster bonus of 2.3 million dollars in 2008 and will be eligible for another 2 million in bonuses over the course of his contract. Woody's yearly salaries are $850,000(2008), $5,600,000(2009), $3,750,000(2010), $3,350,000(2011), and $3,100,000(2012).
| Year | Salary Cap Number | Dead Money if Cut | Cap Savings if Cut |
|---|---|---|---|
| 2008 | $4,060,000 | $11,000,000 | -$6,940,000 |
| 2009 | $6,510,000 | $6,940,000 | -$430,000 |
| 2010 | $5,660,000 | $1,530,000 | $4,130,000 |
| 2011 | $4,260,000 | $1,020,000 | $3,240,000 |
| 2012 | $5,010,000 | $510,000 | $4,500,000 |