According to OverTheCap.com, releasing these two players will free up $5,193,750 in available cap space while creating $2.75 million in dead money.
Moore, 26, signed a three-year, $12 million contract that included a $3 million signing bonus with the Texans back in March of last year. He stands to make base salaries of $2.85 million (2016) and $3.15 million (2017) over the remainder of the contract.
In 2015, Moore appeared in seven games for the Texans and recorded 16 tackles, one interception and two pass defenses before he was later benched. Pro Football Focus has him rated as the No. 56 safety out of 88 qualifying players.
Graham, 29, is in the final year of his three-year, $11.25 million contract that included $4.5 million guaranteed. He stands to make a base salary of $3 million for the 2016 season.
In 2015, Graham appeared in eight games for the Texans and recorded four receptions for 30 yards receiving and a touchdown.
We’ll have more regarding these two players as the news is available.