Later, Lloyd--Redskins end costly mistake

The Washington Redskins handed Brandon Lloyd his walking papers today two years after giving up third- and fourth-round draft picks for the right to sign him to a contract that had $10 million in guaranteed money. The trade and signing turned out to be a very costly mistake. Lloyd caught 25 passes for the Redskins. That’s $400,000 per catch. In terms of the draft pick value chart, each catch cost the Redskins the equivalent of a late seventh-round pick (a third and a fourth equal about 190 points, divided by the 25 catches is 7.6, the point value of the 19 th pick of the fourth round). You can’t do a similar calculation to figure out how much each touchdown catch cost the Redskins as it is mathematically impossible to divide by zero. As discussed in this space last week , the Redskins can choose to pay for their mistake in full now or put part of it on credit and spread some of the pain into 2009. If they chose to make him a straight release, they will take a net hit of ... [link]