Excerpt: "The Patriots’ decision to cut tight end Aaron Hernandez makes it extremely difficult, if not impossible, for the team to recover any of the signing bonus paid to Hernandez last year and, in part, earlier this year. Indeed, the Falcons held Mike Vick’s right through his prosecution, incarceration, and beyond in order to recover bonus money.
The Patriots ultimately chose making a strong and clear statement instead of maneuvering to protect their legal rights.
But the story isn’t over yet.
Based on everything we’ve heard and been told in the past five hours, we fully expect the Patriots to do whatever they can to try to recover money that has been paid to Hernandez, and to block the flow of any future payments.
The future payments are the key. Under his contract, a copy of which PFT has obtained, Hernandez is due to receive $3.25 million on March 31, 2014, which completes his $12.5 million signing bonus. We currently believe the Patriots will refuse to pay it, forcing Hernandez to take even more hits in the court of public opinion by fighting — possibly from a jail cell — the team’s decision to cut him off." Read more...