Steelers G Willie Colon Must Now Take A Pay Cut Or Be Released

While we still don\’t know the exact value of three-year contract signed by Pittsburgh Steelers unrestricted guard Ramon Foster, it doesn\’t really matter as far as the future of guard Willie Colon with the team goes unless he takes a cut in pay.

Colon, as I pointed out a few days ago, has been in limbo, and now that limbo has an arrow pointing to the unemployment line if he does not agree to take a cut in his $5.5 million base salary.

So what are the options as far as Colon goes outside of him taking a pay cut? The Steelers could release him now and eat $6.45 million in dead money which would still create a cap savings in 2013 of $1.2 million. It of course would be less after displacement in the Rule of 51, so keep that in mind.

The next option would be to cut Colon now as a courtesy to him but give him a post June 1st designation. Doing that would produce a cap savings in 2013 of $5.5 million, but not until June 2nd. A post June 1st cut also produces a dead money charge in 2014 of $4.3 million.

The last option would be to hold onto Colon until June 2nd just as a security blanket. That\’s pretty ruthless though, in my opinion.

If Colon were to take a pay cut of around $2.5 million in 2013, that cap savings would easily cover the first year cap hit of the new Foster contract.

Those are the options as far as Colon goes. In my opinion, if he doesn\’t take the cut in pay the Steelers should just eat everything right now and move on. Putting a $4 million plus dead money charge in 2014 is not worth saving the extra cap money later this summer.

  • Mikey Hoje

    Since he’s only played half a season for past 3 years, don’t you think it’s the right logical thing to do, cough back some money?

  • Jollyrob68

    Dave wouldn’t it be easier to push that hit to next year because several players are in the last year or 2 yrs of their deals? Their money will be gone IE; Clark,Keisel possible retirement of Troy P and Cutting of Ike Taylor.

    I can see Willie taking a paycut to stay. I can hear them telling Willie that he hasn’t played a full season in 3 yrs and has been paid. Ramon Foster has filled in for you on his undrafted pay and it’s his turn to be paid and yours Willie to be the backup. We need you to take a paycut this year as you continue to get healthy.

    I’m still hoping that The Steelers somehow Keep Keenan Lewis 5-6 million, Extend Cortez Allen & cut Ike to pay for it. The future is now.

  • dgh57

    I was with you until you said cut IKE TAYLOR!! Ike still has plenty left in the tank! He is a workout warrior that stays in shape that other players should learn from Because of the way he takes care of himself it will extend his career! Younger DBs look up to him!

  • zyzak

    Trade him for a draft pick why pay him.

  • I doubt there is much market for a guy that has been injured three years running.

  • steeltown

    I think the signing of Foster all but assures Colon will be cut, we have Beachum, John Malecki (basically a Legursky) and another young undrafted OG Justin Cheadle (known as a good mobile zone blocker in college) PLUS the upcoming draft… time to move on, before June 1st, post June 1st… I Dont Care

  • rob.pghsteelersfan

    Yeah I agree cut him now. The Steelers don’t need more cap troubles next offseason than they will already have

  • Lamarr56

    I know this is a little off topic, but could someone who is an ESPN Insider tell me who Mel Kiper Mocked to the Steelers, I’m really dying to know.

  • steeltown

    It was Ansah at one point.. I think now he has us taking TE Eifert.. I’m not sure though, its always changing

  • Mikey Hoje

    Per ESPN source: Bolden’s been traded to 9ers along with his 14.3 yard per catch average as Flacco’s huge signing continued to ream repercussions. Now, double team Torrey Smith and games are more manageable even with a non football mind such as mine. 🙂

  • steeltown

    Yea I read that.. they are either trying to save more cap to sign Ellerbe and Reed.. or maybe they make a play on Greg Jennings.. Lets hope not

  • Maurice_hill_district

    Right on. There are only those 2 options for him.

  • rob.pghsteelersfan

    They will find a replacement for Boldin after giving Flacco that big contract. I don’t know about Reed coming back it seems like even he thinks he will be with another team.

  • Clint Martin

    Flacco will struggle.

  • Tom

    Time for Willie “Bad” Cologne to take his funk somewhere else.
    Good move in keeping the guy who stays healthy and letting the oft injured players go. Hope #43 takes notice.

  • hergieburbur

    Why worry? Kiper is rarely right anyway.

  • SteelSpine

    – Even if Foster’s contract is expensive, He was underpaid 1st few years given he played as rookie, multiple positions & OT. So hopefully this deal helps make it right.

    – Vs Colon the past 3 years underachieved. Tho most of that was on IR that still counts as underachieving. At time of decision to move Colon to G, the PghPG billed Colon a “tough guy”, but I don’t recall other linemen billed as tough guys who got driven back or had to often jump offsides that often to have to beat his D lineman. Would think a tough guard should be able to wait for snap, dominate.

    – Foster doesn’t have the feet to pull, folks have witnessed the slo-mo’s of that attempts from guard already & pointed that fact out. He is 6’6″ & right offensive tackle does not need to pull often at all. So I agree with the thoughts of let Foster compete at tackle In training camp & preseason, & if Adams doesn’t improve then we cant risk our QB on that, so Foster would win the starting right tackle battle.

  • SteelSpine

    I hear ya.
    Purge colon, evacuate Colon. ahhg yours sounds better.

  • CW

    Personally I’d like to see if Colon will take a good sized pay cut and if he refuses, then look at either trading him or cutting him. Colon is going to cost the team a lot whether he’s there or not. Might as well see if the team can either maximize his value or add to the team rather than simply cutting him outright, which seems to be the worst initial option.

    … though that might turn out to be the only option in the end.

  • Fivesevenzero Sports-Radio

    Foster sucks. i wish Colon wasn’t “always” hurt i think he would be worth the money. Foster gets blown off the line always and get Big Ben crushed..

  • RMSteeler

    With him taking 100% of his pay for playing 25% of the time, I’d be hesitant to take him on a one year minimum. Should play for free for a couple of years and live off what he’s banked. Liked his attitude early in season, but too brittle to play. Cut on June 2nd, hit home runs in the draft and have extra money before camp starts.

  • Arthur Branch

    They would be better off shopping Willie for a draft pick. Cap problem and dead money problem solved.

  • steeltown

    Go back and check the OLine breakdowns… you’re wrong.

    Not only has Foster been the most consistent of the OL players, but also the most dependable