Thursday, February 27, 2014
Bucs have almost no 'dead money'
By Pat Yasinskas
New Tampa Bay general manager Jason Licht might want to send a thank you note to predecessor Mark Dominik.
That's because the Bucs currently have just $132,452 in "dead money," which is cap space for players no longer on the roster. Of that total, $103,450 goes toward linebacker Najee Goode, who got a signing bonus as a draft pick.
As a general rule, Dominik didn't give out signing bonuses (except to draft picks), preferring instead to pay high base salaries. The upside of that is what you're seeing now -- almost no dead money. If players aren't given signing bonuses, there is no pro-rated money against the cap if they're released.
Like just about every team, the Bucs are likely to release some players before the start of the league year. But it's unlikely they'll be adding much to their dead money because only a handful of players received signing bonuses.
As it stands at the moment, the Bucs have $114.2 million committed toward a salary cap that is likely to be somewhere around $130 million.