Suspension could cost Buccaneers’ Wright almost $10 million
Tampa Bay Buccaneers cornerback Eric Wright was suspended four games by the NFL after testing positive for Adderall and not having the proper documentation for health uses. But due to a stipulation in Wright’s contract, the four game suspension could cost Wright a very large amount of money – almost $10 million.
Wright signed a 5 year, $37.5 million contract as a free agent with the Buccaneers this offseason. Due to the way that the contract was structured, according to ESPN’s Adam Schefter, Wright will lose all of his guaranteed money for next season should the suspension hold up.
Eric Wright will lose $1.7 million this season and he is scheduled to make $7.75 million next season. Suspension could cost him $9.45 mil.
— Adam Schefter (@AdamSchefter) November 27, 2012
This has to come as quite a disappointment for Wright, who cashed in big in the free agent market after leaving the Cleveland Browns. The suspension opens the door for the Buccaneers to either release Wright following this season, or they could opt to restructure his contract to a value lower than the $7.75 million he was due next season.
The Buccaneers will surely miss Wright in the next four games as they make a push to the playoffs. Without Wright, the Buccaneers will be led by fourth-year man E.J. Biggers and undrafted rookie Leonard Johnson at the cornerback position.