Why is this Piece of Cr*p Punter still on our Roster? (Koenen)

Can someone please explain to me why this pos punter, Micheal Koenen, still on our roster? He was dead last, overpaid, and basically sucked. If this is any indication of our future, it's going to be a return to the bad old days boys. And after 7 years of this, I'm getting fairly pissed off over the direction this team appears to be taking....