Before Friday’s cap increase the Cowboys were projected at $20-25 million over the salary cap. That number seemed like the impossible for most teams, but it really is not that much considering when you add in the new 10 million dollars it puts the team at 15 million over at the most.
On Friday the team cut four players saving them a little more than $1 million in cap space. Which would bring the number ultimately down to 14 million.
Miles Austin has a cap figure of $8.249 million. If Austin is a post-June 1 cut, the Cowboys save $5.5 million, however the team won’t receive those savings until June 1.
While the team will not receive the benefits from the cut until June it will still cut them down 5.5 more million, bringing the total down to 8.5 million.
The team also released Phil Costa which saves the team an additional 1.5 million, and if the team cuts Justin Durant like the rumor has it the team will save another 1.25. That is a total of 2.75 million more off the cap. So that puts you down to 5.75 million.
If the Cowboys can work out a restructured contract with at least two of these players (Tony Romo, Sean Lee, Orlando Scandrick, Brandon Carr or DeMarcus Ware) they will be well under the cap before the season starts. The Cowboys might have been saved by the NFL on this one.
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