One important reason for the New York Jets’ decision to release Le’Veon Bell last week was a $ 8 million damage guarantee in the 2021 contract, ESPN sources told the league.
If Bell had suffered a long-term injury, the Jets would probably have had to shell out an additional $ 8 million in 2021, when they wanted to reduce their already costly losses.
So instead of keeping Bell on their roster until the November 3 trading deadline, when the Jets may have been able to recoup the late round for the disgruntled former Pro Bowler, they decided to fire him last Tuesday.
League sources believe that any type of injury to Bell could have led to a lengthy dispute between him and the Jets over a $ 8 million damage claim. Bell has already found new housing in Kansas City along with bosses who added it to a one-year contract on Thursday.
Bell, who has been selected three times by the Pro Bowl, was a disappointment as he signed a four-year, $ 52.5 million contract with the Jets last year, averaging just 3.3 yards for transportation, the 51st of 53 qualified NFL runners in that period.
The Jets are responsible for the remaining $ 6 million in Bell’s base salary in 2020, but there is a compensatory clause that compensates for the amount of salary under his new contract with superiors. Bell will receive a $ 1 million base salary, as well as up to $ 1 million during the game and incentive incentives, said source Jeremy Fowler of ESPN. The base salary will be proportional to the five games for which Bell did not get Chiefs, ie he will earn about $ 690,000.