No. It only means there appears to be an agreement with a contract IF McNair is traded or released. But none of this tells us how much of that money was guaranteed or how much is paid in base for years two and three. For all we know, he gets the $11 mil signing bonus and just something in the range of $1-$2 mil per year with nothing guaranteed beyond '06. Assuming a three-year deal, that would mean something in the $4 - $6 mil a year against the cap. If the Titans were to do the very same thing, that would throw the cap figure around $8.5 - $9 mil a year when you divide the cap of $13.5 mil he has now by three seasons. If the Titans offer the same deal, we are talking about freeing $14.5 mil in '06.