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Absolutely the guaranteed money is what's important, for sure.
But here's the question- if you were running a pro football team worth 1.4 BILLION dollars, had plenty of cap space, a limited window for your your HoF QB and the difference between a proven stellar player in your system and an injury prone unknown was only two million... Why not spend it?
I agree with Karl F- this reeks of a personal vendetta.
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