(Gretz punched some numbers into his old schoool TI-35 and figures that, given Walker's set to make $12 million this year, he's pulling down $800,000 per catch. Splendid.)
It gets worse, though.
The Raiders are not only out $20 million in actual dollars for the 16 games played by DeAngelo Hall and Javon Walker, but will also see both players take up a good chunk of salary cap space in 2009.Furthermore, according to the Oakland Tribune's Jerry McDonald, Walker's contract virtually guarantees the team will have to pay him a $5 million bonus despite his injury. McDonald continued bearing bad news: "Should Oakland pay the guarantee as stipulated and then cut Walker, the 2009 cap charge $14,166,667 to terminate the relationship. Combined with the Hall dead money, that's $20 million in dead money."
With Hall having been waived, the Raiders will have $5.833,334 in "dead money" under the 2009 cap, according to league figures.
I think NFL commissioner Roger Goodell should give the Raiders an uncapped 2009 just to see if it would make a difference. Given this, I'd wager no, but some sort of cost-of-doing-business-with-Al Davis salary adjustment doesn't seem unreasonable.