On Tuesday, the Cleveland Browns announced that they terminated the contracts of two veterans: QB Josh McCown and CB Tramon Williams. Both players were entering the final year of their contracts with the club.
Neither move comes as a surprise, and it clears up a lot more cap space for a team that already has plenty of it. McCown had some bright moments back in 2015, his first year with the club. In 2016, though, a shoulder injury derailed him early and he didn’t look like the same player from a year ago. Although I’m not sure what more one could expect from a 37-year old quarterback not named Tom Brady.
Williams was either “just another guy” or below average in much of his time with the club. Toward the end of the 2016 season, the team moved him to safety, something they should have done a lot sooner. Still, Williams’ contract wasn’t worth keeping for another year.
McCown was set to have a cap hit of $5,041,667 in 2017, which included $666,667 of a signing bonus. Williams' cap hit was $7,425,000, with a signing bonus of $500,000. That means the Browns. The signing bonus money will stick around as $1,166,667 in dead cap space for 2017, but overall, the Browns still saved $11,300,000 in cap space.
We’ll break down how much cap space the Browns have on Wednesday, when we also take a closer look at the details of LB Jamie Collins’ deal. One report says the Browns will have about $109.771 million in available cap space. In mid-January, we had the Browns at around $107.46 million in available cap space. That means that despite re-signing a young, top free agent (Collins), by releasing two veterans, the Browns actually had a net gain in available cap space.
With release of Josh McCown and Tramon Williams, the Cleveland Browns have $109.771 million in available salary-cap space.— Brent Sobleski (@brentsobleski) February 7, 2017