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<blockquote data-quote="longtimefan" data-source="post: 45891" data-attributes="member: 145"><p><a href="http://www.jsonline.com/packer/news/feb05/303999.asp" target="_blank">Source</a></p><p></p><p>By releasing guard Mike Wahle, whose contract was structured in a way that his $11.337 million cap number would force the Packers to renegotiate or cut him, the Packers will gain $11 million of cap room.</p><p></p><p>But even minus the $11 million from Wahle, the Packers will be only slightly under the $85.5 million cap next Tuesday, and that's assuming they don't re-sign any of their nine unrestricted free agents - including guard Marco Rivera and linebacker Hannibal Navies - before the start of free agency. </p><p></p><p>They are in a bit of a tight spot.</p><p></p><p>"There's a lot of moving parts there," general manager Ted Thompson said. "Things are being talked about."</p><p></p><p><strong>Wiping Wahle's $11 million salary - a $5 million base and $6 million roster bonus - off the books will provide the necessary room to get under the cap, but things get a lot more complicated if the Packers try to renegotiate the deal. At this point there isn't any sign they're willing to meet his desire to be paid among the top guards in the league, but talks are ongoing.</strong></p><p><strong></strong></p><p><strong><span style="font-size: 22px">If the Packers were $6 million or $8 million under the cap, they'd be able to compete for Wahle's services and probably also be able to make a reasonable offer to Rivera. </span></strong></p><p><strong></strong></p><p><strong>But that's not the case after several years of continually handing out big contracts to their impending free agents.</strong></p></blockquote><p></p>
[QUOTE="longtimefan, post: 45891, member: 145"] [url=http://www.jsonline.com/packer/news/feb05/303999.asp]Source[/url] By releasing guard Mike Wahle, whose contract was structured in a way that his $11.337 million cap number would force the Packers to renegotiate or cut him, the Packers will gain $11 million of cap room. But even minus the $11 million from Wahle, the Packers will be only slightly under the $85.5 million cap next Tuesday, and that's assuming they don't re-sign any of their nine unrestricted free agents - including guard Marco Rivera and linebacker Hannibal Navies - before the start of free agency. They are in a bit of a tight spot. "There's a lot of moving parts there," general manager Ted Thompson said. "Things are being talked about." [b]Wiping Wahle's $11 million salary - a $5 million base and $6 million roster bonus - off the books will provide the necessary room to get under the cap, but things get a lot more complicated if the Packers try to renegotiate the deal. At this point there isn't any sign they're willing to meet his desire to be paid among the top guards in the league, but talks are ongoing. [size=6]If the Packers were $6 million or $8 million under the cap, they'd be able to compete for Wahle's services and probably also be able to make a reasonable offer to Rivera. [/size] But that's not the case after several years of continually handing out big contracts to their impending free agents.[/b] [/QUOTE]
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