Team Transaction – August 11th, 2016

August 11th, 2016

NFL Wire Transaction:

Richard Leonard – DB

Waived from Reserve/Injured with Injury Settlement

Last week the Texans waived Leonard from the active roster with the injured designation.  Leonard recently had surgery for a torn hamstring.  Leonard was not a vested veteran so he was subject to the waiver system.  After 24 hours no claims were made for Leonard by the other NFL teams; Leonard then reverted to the Texans’ Reserve/Injured roster.  Once this occurs the team & player have a 5 business day window to complete a settlement.  A settlement was completed releasing Leonard from the Reserve roster; therefore making Leonard a free agent.  The amount of the settlement is unknown at this time.  I will update once the details are known.  The injury settlement amount will go into the “Dead Money” column and count towards the salary cap.

Troy

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