With veteran wide receiver Harry Douglas and veteran safety Da’Norris Searcy taking pay cuts to remain on the roster this season, the Tennessee Titans will save $4.429 million in 2017 cap space from the moves.
Douglas, who is in the last year of his contract, whittled his base salary this season from $3.75 million to $1.2 million, $150,000 of which is fully guaranteed. Douglas also received a $100,000 signing bonus, making the total in guarantees for him at $250,000. Douglas also has a $450,000 roster bonus as part of his reworked deal. Douglas’ cap hit, provided he is on the roster for the start of the 2017 season is now $2.342 million, down nearly half of his original $4.483 million cap hit.
As for Searcy, who has two years remaining on the deal he signed with the Titans in 2015, his base salary for the coming season is $2.4 million, and Tennessee has fully guaranteed $1 million of that amount. Searcy has a roster bonus of $500,000 and also has another bonus that maxes out at $500,000 if he is on the roster for all 16 games for the coming season.
Searcy, who will have to compete with free agent newcomer Jonathan Cyprien to retain his job, now has a cap number of $4.462 million for this season, down from $6.75 million before the cut. He also has a $3.1 million base salary for 2018.