Adam Schefter reports that the Cardinals releasing TE Jermaine Gresham on Thursday, after the new league year begins, for cap reasons.
Cardinals releasing TE Jermaine Gresham on Thursday, after the new league year begins for cap reasons, per source.
— Adam Schefter (@AdamSchefter) March 11, 2019
According to OverTheCap, releasing Gresham saves almost $2.5 million in cap space with a dead money charge of $5.75 million.
Gresham, 30, is a former first-round pick of the Bengals back in 2010. He spent five years in Cincinnati before he signed a one-year contract with the Cardinals back in 2015.
A knee injury actually prevented him from signing a larger contract with the Raiders and forced him to re-sign with Arizona.
Gresham was in the second year of his four-year, $28 million contract that includes $13 million guaranteed and would have made base salaries of $5.25 million and $6.25 million over the next two years.
In 2018, Gresham appeared in 13 games, catching nine passes for 94 yards. He was Pro Football Focus‘ No. 66-ranked tight end out of 70 qualifying players.
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