Shop for the Arizona Cardinals at

Tuesday Cuts Saves the Cardinals Needed Cap Space

The Cards did some housecleaning on Tuesday, and because of it they saved themselves some cash on this seasons salary cap. The Arizona Republic reports that the team saved quite a bit of space with the release of corner Rod Hood.

Hood said he had earned a play-time incentive that would have boosted his salary by $2 million. That means he would have made $5 million in salary and his cap number would have been $5.5 million in 2009.

The cap savings from cutting Hood are greater, given his previously reported base salary of $3 million. The extra $2 million in savings means the club saves about $7.5 million by cutting Hood, Edgerrin James and Travis LaBoy.

Before the moves, the team was about $1.2 million under the cap, so it should be about $8.7 million under now, precluding more bonuses, escalators and the like.

Enjoyed this post?
Subscribe to Cardinals Gab via RSS Feed or E-mail and receive daily news updates from us!

Submit to Digg  Stumble This Story  Share on Twitter  Post on Facebook  Post on MySpace  Add to  Bark It Up  Submit to Reddit  Fave on Technorati

Leave a Reply

Write For Us