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Over salary cap, Steelers may need to release more veterans
July 30, 2011 12:46 pm
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The Steelers, still way over the salary cap, may have to release more veterans if they are unable to use contract renegotiation tactics in order to come into compliance by the $120 million team salary maximum by Thursday, said Kevin Colbert, their director of football operations.
"We'll do some renegotiations,'' Colbert said, but warned that there "could be further terminations.''
The Steelers the past week released three veterans for salary cap purposes -- tackles Max Starks and Flozell Adams and wide receiver Antwaan Randle El.
Colbert said they will use the three separate $1 million exemptions on three players under contract, essentially raising the cap to slightly more than $123 million.
More details in tomorrow's Pittsburgh Post-Gazette.
First Published July 30, 2011 12:46 pm
