Originally Posted by AdamJT13
Cutting Coakley adds $2,535,334 to our cap room, giving us about $18,799,696 of cap room.
Coakley's dead money will be $2,885,334 less than what he would have cost ($1,833,332 cap number instead of $4,718,666), but releasing him adds another $305,000 player to our top 51.
I had a typo when I did this. I added $350,000 instead of $305,000. So after cutting Coakley (and before signing Ferguson, Scott, Carson, and/or Henry), we had $18,844,696 of cap room.