Slowly but surely we are catching up with all the moves of the last few days. I already went over the latest Atlanta Falcons roster changes earlier today so lets look at what else went on around the league.
Arizona– The Cardinals released disappointing ILB Stewart Bradley after just two years into his five year contract. With Bradley’s guarantees out of the way he made for an easy release. CB William Gay likely had too high of a salary, $3.225 million, to possibly remain on the team. Gay earned a large escalator last season for his play and that probably led to his release. I could see Gay back on a lower cost contract. he Cardinals will save $3.5 million with the release of Bradley and $3.35 million with the release of Gay.
New England– Both Spencer Larsen and Kyle Hix spent 2012 on Injured Reserve and the Patriots seemed to have no place for them in 2013. Neither move brings much in cap relief for the team as this was a pure football related cuts.
Carolina– The Panthers still have a little work to do to reach the cap threshold but they got a little closer with the release of DT Ron Edwards, freeing $2.5 million in cap room. They also restructured the contract or Greg Olsen. Hopefully by Monday I can get some more concrete details on it.
Buffalo– S Jairus Byrd got the franchise tag designation from Buffalo which had been expected to occur for weeks. Byrd will count for $6,916,000 in cap charges while tendered.
Indianapolis– The Colts used the franchise tag on P Pat McAfee at a price of $2,997,000.
Cincinnati– It was common knowledge that the Bengals were going to tag someone this year and that person was DE Michael Johnson. The other option was RT Andre Smith, but if they value him as a right tackle the franchise tag is too high for that position and compromises their leverage in negotiating a new contract. Johnson just makes more sense. His franchise tag cost is $11,175,000
Denver– While not official there have been plenty of reports on Twitter that it happened and Clady had already said it was known he would get the franchise tag. The cost for Clady is $9,828,000. Ill get him on the site as soon as it is officially official
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.