In another thread recently there was some speculation, including my own, that Avon Cobourne might be released by the Cats before the 2nd half of the season to avoid having to pay his full contract if released later than that.
However, after some reading, I've discovered that the deadline for such a move has now passed for players, such as him, who qualify as 6-year veterans. Copied from the CBA which covers the 2010 through 2013 seasons:
ARTICLE 15: RELEASE OF A VETERAN PLAYER
Section 15.01 Player Qualified as a Veteran for Six Years or More
It is mutually agreed that in the event a Player has qualified as a veteran for six or
more seasons including the season in which he is playing, and in the event that the said Player is
released after the date of the 9th regular season game played by the Member Club, the said Player
shall receive compensation equivalent to 100% of the amount of compensation (including all
pension benefits and other benefits provided for in the C.F.L. Standard Player Contract and this
Agreement) to which the Player would have been entitled had he remained on a Players Roster of
the Member Club for the remainder of the regular season games, playoff games and Grey Cup
Game of the Member Club during the season in which he was released in accordance with the
terms of the C.F.L. Standard Player Contract that was in existence between the said Player and
the Member Club prior to the Player being released.