Eric Wright’s appeal to get his $7.75 million base salary reinstated as guaranteed has been denied, according to numerous reports.
That means the Tampa Bay Buccaneers don’t have to guarantee Wright anything. When Wright originally signed his contract last offseason, his base salary for 2013 was supposed to be guaranteed. But that clause was voided when Wright earned a four-game suspension for violating the NFL’s policy on performance-enhancing substances.
The Bucs can release Wright and instantly free up $7.75 million in cap space, but it doesn’t appear as if they’re in any rush to do that.
As of the moment, Wright remains on Tampa Bay’s roster. Chances are slim he’ll be there come opening day. But it’s possible the Bucs might hold onto Wright for now. They’re very thin at cornerback and they might keep Wright until they’ve addressed the position.
If the Bucs aren’t able to add enough help at cornerback, it’s possible they could ask Wright to stay and take a cut in pay. But, again, it’s a long shot that Wright will be sticking around.