Originally Posted by badboy
If we drafted Stedman Bailey and signed a FA WR for #2 spot, we could cut Walter saving $3.5m. (Since his $5m bonus was a first year roster rather than signing bonus, I'm not sure if it was prorated for cap.)
still has $2 million left of his bonus to amortize. Cutting him saves $2.5 million off the cap. But if he were to accept a salary reduction again to $2 million, that would save $1.5 million. Thus you could keep Walter for an additional $1 million. Don't be surprised if this occurs. Kubiak likes having Walter around.