Re: Ed Reed agrees to terms with Texans
We have roughly $11 million in cap space, IIRC.
Ed Reed's first year is reportedly $6 million. Will all of that count against the cap this year, or will the amount of money for his first year--in terms of cap hit--be less because of signing bonus?
IF it was a total $6 million hit, and we can probably safely calculate about $3 million for rookies and PS guys, then it'll leave somewhere in the neighborhood of $2 million remaining that we can spend....and vet minimum contracts are fairly high. We might be looking at the draft and UDFAs to finish out the roster unless some contracts get re-structured to free up more cap space.