I guess I shouldn't have assumed he would turn it down. Now that I look at it more closely, that makes sense from his perspective. I forgot that he is signed through 2009. If he refused a settlement, they had to pay him all his 2008 money plus he gets his 700 thousand bonus for 2009.
Now I'm wondering what is going to happen to him. Do they still want him? If not, when can they cut him? If he is still injured they don't have to pay him his full salary for 2009 unless he is on the roster after the final cuts. Right?
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