Cap Implications Kill Deal for Chad Johnson

I was listening to a local radio show that had the Bengals' color commentator as a guest. He made an excellent point about Chad Johnson. The Bengals take the $8.5M cap hit if they cut or trade Johnson. If they trade him for a first round draft choice, they also take a cap hit for the player they select. If they cut him after June 1, they can spread that over two years. The Skins need only be patient.