Tuesday, March 11, 2014
Cap implications of Brice McCain's release
By Tania Ganguli
The Houston Texans entered Tuesday morning with about $9.2 million in cap space, according to the NFL's salary cap reports.
They added some by releasing cornerback Brice McCain today, a source confirmed.
McCain, who was drafted by Houston in the sixth round in 2009, played in 72 games and had five interceptions and 111 career tackles while with the Texans. Playing primarily as a nickel corner, McCain played in all 16 games in 2013.
McCain re-signed with the Texans last season on a three-year deal worth $5.25 million, with a $1.35 million signing bonus. His cap figure this year was set to be $1.75 million. The Texans will carry $900,000 of dead money by cutting McCain because of prorated amounts from his signing bonus, giving them a savings of $850,000 on the salary cap.