On the Chopping Block: Steve Gregory

Photo from patriots.com

At Patriots Life, we've been going through players that could have to take a pay cut, or get cut all together as cap casualties. Today under the microscope: Steve Gregory.

By the numbers, according to patscap.com:
Salary: $2.25 million
Prorated Signing Bonus Amortization: $833,334
Roster Bonus/Weight Clause Reporting Bonus: $375,000
Workout Bonus: $100,000
Total Cap Figure: $3.5 million
Cash Received: $2.7 million
Cap hit if cut: $833,334
Money Saved: $2.23 million

$2.23 million is not a lot in the big picture, but if the Patriots want to make a big splash in free agency, every dollar they can save becomes crucial. My guess is they'll end up cutting a lot of these guys like Gregory to clear cap space so they can make a big push in free agency.