Tag

Cap Saving

All articles tagged with #cap saving

"Broncos Cut All-Pro Safety Justin Simmons, Clearing Cap Space for Rebuilding Efforts"
sports2 years ago

"Broncos Cut All-Pro Safety Justin Simmons, Clearing Cap Space for Rebuilding Efforts"

The Denver Broncos are reportedly releasing All-Pro safety Justin Simmons in a cap-saving move, as they aim to get under the cap before free agency begins next week. Simmons, who spent eight seasons with the franchise, had a cap hit of $18.25 million, and the move will reportedly save the Broncos $14.5 million while incurring a dead money hit of $3.75 million. Despite playing in 118 games for Denver, Simmons has yet to appear in a postseason game and leaves the team with impressive career stats as a two-time Pro Bowler and four-time Second-team All-Pro.

"Tracy Walker Released by Detroit Lions, Opens $5.5 Million in Cap Space"
sports2 years ago

"Tracy Walker Released by Detroit Lions, Opens $5.5 Million in Cap Space"

The Detroit Lions are set to release veteran safety Tracy Walker in a move to free up cap space, following his decline in the depth chart and an anticipated significant raise in 2024. Walker's Instagram post thanking the team and fans suggests a farewell, and sources have confirmed his impending release. If released, the Lions will create $5.5 million in cap space but will carry over $7 million in dead cap. Walker, a third-round pick in 2018, leaves the Lions with 79 games, 43 starts, 398 tackles, 23 passes defended, and three interceptions.

Detroit Lions to Cut Veteran Safety Tracy Walker, Clearing Cap Space
sports2 years ago

Detroit Lions to Cut Veteran Safety Tracy Walker, Clearing Cap Space

The Detroit Lions are set to release veteran safety Tracy Walker in a move to save cap space, following his fall down the depth chart and a significant raise due in 2024. Walker's Instagram post thanking the team and fans suggests a farewell, and sources have confirmed his impending release. If released, the Lions will create $5.5 million in cap space but will carry over $7 million in dead cap. Walker, a third-round pick in 2018, will leave the Lions with 79 games, 43 starts, 398 tackles, 23 passes defended, and three interceptions.