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With a Number of Moves, Titans Under Cap

Discussion in 'Tennessee Titans and NFL Talk' started by goTitans.com, Mar 2, 2006.

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  1. goTitans.com A living legend.

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    SUMMARY: With a number of moves including not exercising a $50 million option for QB Steve McNair or an option bonus with QB Billy Volek, the Tennessee Titans are below the salary cap. If the NFL extends the CBA over the next three weeks, the team will be in even better cap shape. The move with McNair will make him a free agent after the '06 season. Volek will become a free agent after the '07 season. Other moves today include not exercising an option with LB Peter Sirmon making '06 his final year. The Titans renegotiated G Benji Olson's deal, extending it by four years. RB Travis Henry also had his contract renegotiated. The team extended T Michael Roos' contract by one year and FS Lamont Thompson's by three. CB Pacman Jones' contract was also extended by a year. Tenders were extended to all exclusive rights and restricted free agents.

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    Gunny Lord and Master

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    LaMont by 3 years?
  2. Starkiller 9

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    All they did was pick up his option bonus, though I don't think they should have personally.
  3. Vigsted Starter

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    I'm no cap expert but isn't restructuring a lot of contracts into the future what got us in this mess in the first place? I'm specifically thinking of Benji Olson, unless he took a significant paycut, I can see us just pushing his pay into the future...
  4. vnomus2 Camp Fodder

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    I really don't understand keeping L.T. either. He was pretty horrible last year. There was definetly a good reason he was cut by the Bengals when they were bad.
  5. Starkiller 9

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    "Restructuring" doesn't have to mean converting base salary into guaranteed money.

    Thus far, the Titans have not announced that they have done that with anyone's contract. Olson, for example, essentially agreed to a new contract.
  6. Woody81 Camp Fodder

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    I thought we would part ways w/ LT and Sirmon
  7. metal957 In"Vince"Able

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    So how much are we under now?
  8. Bennett83 Guest

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    50 cents knowing Reese.

    Let's assume for a minute that there will be a new CBA agreement. If there is they could still alter this years cap right? Let's assume the answer is yes. Since we are under the 94 million dollar cap and the new CBA would change that to around 105-110 million. that would give us somewhere between 11-16 million in room. Do you think Reese has preplanned room for the draftees? If so, we would have even more room. Right?
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    Gunny Lord and Master

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    Thats one thing I don't like about this team, we hang onto players who don't have what it takes or are over the hill for too long based on their potential or loyalty.
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