Nice knowing ya, ‘Tez.
In a move that is both surprising yet totally expected, the Pittsburgh Steelers released cornerback Cortez Allen. Just two years ago the Steelers signed him to a five year $26 million contract extension but after playing exactly one game in 2015, they’ve seen enough. While the move wipes out $13 million in future obligations, bonus money means he’ll continue counting against the cap for years to come. This is the second disastrous extension in recent history with LaMarr Woodley finally coming off the books after accounting for $8.5 million in dead cap space last season.Read More »Steelers Release Cortez Allen