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Ravens save $8M, cut CB McAlister

Updated: February 16, 2009, 4:56 PM ET
By James Walker | ESPN.com

The Baltimore Ravens announced Monday that they terminated the contract of former three-time Pro Bowl cornerback Chris McAlister. The move clears up $8 million in actual dollars and salary cap dollars for the Ravens.

Baltimore has several high-price free agents set to test the open market next week, which includes center Jason Brown and linebackers Ray Lewis, Terrell Suggs and Bart Scott. Releasing McAlister improves the team's chances to retain some of their in-house free agents.

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