DDOGG Posted April 26, 2008 Report Share Posted April 26, 2008 8:00 am.Marvin Lewis releases a statement:We are willing to trade Chad Johnson under these conditions.1) Chad must repay all of his remaining signing bonus.2) We will ONLY trade him to St. Louis, Atlanta, Oakland, or Kansas City for their first and second round picks in today's draft. Since Oakland doesn't have a second, or even a third, we'll take their first this year and their second and third next year.3) Our price to any other team is their first and second round picks today, next year and the year after that. Those are the conditions. Several of our players have come forward and volunteered to restructure their contracts to push some of this year's money into next year to help facilitate this, because the re-paid bonus money can't be credited until next year. This offsets the cap hit we would suffer this year and allows us to free up money under the salary cap to sign the first and second round picks we would receive in trade.To Chad:As much as I can speak for the organization and the team, the general sentiment is, if you don't want to be here, we don't want you. However, you signed a contract and were paid very handsomely. Your own agent praised the contract and our organization for the unprecedented generosity and fairness of it. Our conditions for trade are fair. If those conditions can't be met, we expect you to retire and repay all of the remaining portion of the signing bonus. That's money that the organization paid you with the expectation that you would honor the legally binding contract that you signed. If you are not traded and you do not retire but sit out, you will be fined to the fullest extent allowed. If you report without a sincere public apology to the owners, coaches, teammates and fans, you will not set foot on the field again either in practice or games until your contract expires. There will be no "injury" settlement and release. _________________________________________________________________11:00 AM.Drew Suckincock's response:Chad has agreed to repay the bonus money if he is traded.________________________________________________________________3:10 pm.The Rams have traded the second pick in the draft, and their second round pick to the Bengals for Chad Johnson._______________________________________________________________ 3:12 pm.With the second pick, the Bengals select Glenn Dorsey._______________________________________________________________4:05 pm.With the 9th pick, the Bengals select Sedrick Ellis.HEY, I CAN DREAM CAN'T I? Quote Link to comment Share on other sites More sharing options...
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