Bucs Stand Pat On First Day Of Cuts
By ROY CUMMINGS rcummings@tampatrib.com
Published: Jun 2, 2005
TAMPA - The first day of the second phase of free agency was a slow one, especially around One Buc Place. Activity should increase today, though, as teams begin to take advantage of the opportunity to defer the cap hit they'll take when cutting players.
In New England, the Patriots cut quarterback Chris Redman, and in New Orleans, the Saints said they will release linebacker Orlando Ruff. Most other teams, including the Bucs, stood pat Wednesday but many will be more active starting today.
Cutting a player before June 1 causes the team to take an immediate salary cap hit that is equal to the portion of the player's signing bonus that is prorated. Any team cutting a player after June 1 can have that cap hit applied to next year's cap.
The Bucs current payroll is approximately $1.3 million under the league's $86 million cap, but the team has been allotted $6.037 million to sign its draft picks, so it must create approximately $5 million worth of cap space.
Cutting players or reworking player contracts are the best ways to create cap space and the Bucs are expected to take advantage of both options. Among the players who could be cut are tackles Todd Steussie and Kenyatta Walker, running back Charlie Garner and guard Matt Stinchcomb.
Players whose contracts the Bucs likely will seek to rework are linebacker Derrick Brooks, defensive end Simeon Rice and defensive tackle Anthony McFarland.
By ROY CUMMINGS rcummings@tampatrib.com
Published: Jun 2, 2005
TAMPA - The first day of the second phase of free agency was a slow one, especially around One Buc Place. Activity should increase today, though, as teams begin to take advantage of the opportunity to defer the cap hit they'll take when cutting players.
In New England, the Patriots cut quarterback Chris Redman, and in New Orleans, the Saints said they will release linebacker Orlando Ruff. Most other teams, including the Bucs, stood pat Wednesday but many will be more active starting today.
Cutting a player before June 1 causes the team to take an immediate salary cap hit that is equal to the portion of the player's signing bonus that is prorated. Any team cutting a player after June 1 can have that cap hit applied to next year's cap.
The Bucs current payroll is approximately $1.3 million under the league's $86 million cap, but the team has been allotted $6.037 million to sign its draft picks, so it must create approximately $5 million worth of cap space.
Cutting players or reworking player contracts are the best ways to create cap space and the Bucs are expected to take advantage of both options. Among the players who could be cut are tackles Todd Steussie and Kenyatta Walker, running back Charlie Garner and guard Matt Stinchcomb.
Players whose contracts the Bucs likely will seek to rework are linebacker Derrick Brooks, defensive end Simeon Rice and defensive tackle Anthony McFarland.