According to John McClain
Cause of bonuses, Schaub's base for 2014 is now $10.93 million, which will be wiped off the Texans' books.
When Schaub traded, Texans will add $3.93 million to their cap, making them $10.2 mil under cap, plenty of room to sign FAs if they want.
According to overthecap.com, after Schaub trade we are 9.6M under the cap. Next year, we will have 41M