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Skins Rework Cooley’s Deal to Save Cap Money


The Redskins today saved some cash as they reworked the contract of tight end Chris Cooley. reported that the team converted an $11 million dollar roster bonus for Cooley into guaranteed cash.  The cap value now for Cooley drops from a team-high $12.2 mil to $4.4 mil for the 2008 season.  The Skins are right now $7 mil over the cap, but will be making roster moves (cutting QB Mark Brunell will be one move) to get under the cap.

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