He was out for the year.
No matter what happened, he was going to make 96K and contribute nothing.
If this were any other team, I'd say no way. But Belichick is notorious for doing stuff just to be an a--hole.
I hope Bill has a date with destiny. And by destiny I mean a scorching case of gonorrhea. Not that Gaffney was going to be the next Barry Sanders, but just because he quite possibly could be the biggest dick in sports.