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Extra Cap Space? (Coakley Cut)

 
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Doomsday2005


Joined: 24 Dec 2004
Posts: 470
Location: Big D.
PostPosted: Tue Mar 01, 2005 8:57 pm    Post subject: Extra Cap Space? (Coakley Cut) Reply with quote

Besides his $500,000 Bonus, Does his $4.7 million salary this year transfer into any extra cap space? Or does it give us a penalty?...Same w/ Wiley?

Does anybody know how much money we really have now?
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GeorgiaBoy367


Joined: 07 Feb 2005
Posts: 4851
PostPosted: Tue Mar 01, 2005 9:01 pm    Post subject: Reply with quote

this might help
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plan9misfit


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Joined: 29 Oct 2004
Posts: 20002
Location: RIP: B2TB, T14, & S.A. We miss you.
PostPosted: Tue Mar 01, 2005 9:10 pm    Post subject: Reply with quote

Releasing Coakley freed up $2.9 million against the cap. We have more money to spend now.
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ParcellsIsGod


Joined: 08 Feb 2005
Posts: 265
Location: Dallas, TX
PostPosted: Tue Mar 01, 2005 10:06 pm    Post subject: Reply with quote

Man, Coakley was one of my favorites, eight years and he NEVER missed a workout, wow! So I'm still thinking like a fan. But here's some info on cap space for all you heartless ones out there Wink :

The two sides were unable to agree on a restructured contract, forcing his release Tuesday and making him an unrestricted free agent. The Cowboys avoided paying Coakley $502,000 roster bonus, which was due Wednesday. They also saved about $1.8 million off the 2005 cap. Coakley will count $2.9 million in dead money in 2005 rather than his original cap figure of $4.7 million.
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