Kyle Vanden Bosch is a hot topic this offseason. He’s due for a 10.7M cap hit under his current contract. Considering how much he’s fallen off the last season or two, he’s far and away the most overpaid player on the roster. The way his contract works is that he’s due a base salary of $5M with $5.7M in bonuses. There are voidable 2014 and 2015 seasons on his contract, but they’ll most certainly be voided. As far as I can tell, there are three legitimate options for the Kyle Vanden Bosch situation:
Option 1: Do nothing and just pay and play him. He’ll be a $10.7M cap player that has the production of a league minimum player. He’ll probably ride the pine most of the season.
Option 2: Cut him. I’m a little fuzzy on how this works, but I’m pretty sure that if he’s cut the Lions will have to pay him his $5M in guaranteed money while his $5.7M bonus money will count against the 2013 cap. Basically, it’ll result in freeing up $5M of cap space for Detroit.
Option 3: Renegotiate. KVB is a smart guy, he probably realizes that he’ll have trouble finding a team and getting any money at all for the 2013 season. He’s old and his production really fell off last year. The obvious renegotiation would be a $5.7M salary for the 2013 season. The result would be that Detroit sees the same cap hit as they would for cutting him and he would get $700K more in his pocket than he would get if he is cut. It would allow him to play out what is likely to be his last season with a little pride and dignity as well. For Detroit, he’d essentially be a free player at that point.