One of the benefits of the new trend toward pay-as-you-go contracts comes from the reality that, if the player doesn’t perform at a level worthy of his pay, the team can tell him to go.
Last year, the new regime in Tampa opted not to continue the year-to-year, $16 million annual deal for cornerback Darrelle Revis. This year, the Bucs could decide to pull the plug after only one season with defensive end Michael Johnson.
Signed as a free agent after spending 2013 with the Bengals under the franchise tag, Johnson inked a five-year, $43.875 million deal with $23 million guaranteed. Of that amount, $7 million will become fully guaranteed as of the third day of the 2015 league year. Which means that the Bucs can avoid $7 million by cutting Johnson loose.
But here’s the problem for Tampa. With $9 million already paid in 2014, the Bucs already owe Johnson another $7 million that is fully guaranteed, with no offset language. So they’ll have to ask themselves whether they’re willing to let Johnson walk away with $16 million for one year — or whether they want to push the arrangement to $23 million over two.