For months now, it appears to be a done deal: Eric Wright will be let go by the Tampa Bay Buccaneers. After a mediocre first season, marred by small injuries and a four-game PED suspension, the Bucs must have seen their investment in Eric Wright as a poor one. After all, he was costing them upwards of $7 million per year and had just received $15.5 million in guaranteed money.
But all that doesn't change a rather simple fact: he's still the Buccaneers' best cornerback, and is actually pretty good at his job. Cutting Wright would make the team worse, pure and simple. He's a pretty good cornerback who's probably a little overpaid. But looking at cornerback contracts around the league, finding a cornerback just as good at a lower price point in free agency is not going to be easy. And it's not like the Bucs have to make harsh decision to fit under the cap: they have one of the best cap situations in the NFL.
And there's a bit of evidence to suggest that the Bucs aren't planning on releasing him: he's still with the team. If they were truly through with him, they would have released him as soon as they had the chance. It seems that the reports of Wright's demise may have been premature, as were reports of Aqib Talib's demise in 2011.