The Pittsburgh Steelers announced Friday that they’ve released CBย Cortez Allen.
This doesn’t come as much of a surprise, considering how disappointing Allen has been since he signed a sizable contract extension with the Steelers a few years ago.
Allen, 27, is a former fourth-round pick of the Steelers back in 2011. He was in the thirdย year of his five-year, $26 million contractย that includedย $6.75 million guaranteed and was setย to make a base salary of $4.4 million for the 2016 season.
According to OverTheCap.com, releasing will free up $1,700,000 in available cap space while creating $4,050,000 in dead money. It’s a little surprising that the Steelers didn’t designate him as aย post-June 1 release, considering that they could have picked upย $4.4 million in cap space andย take onย just $1.35 million in dead money.
In 2015, Allen was limited to appearing in just a single game and recording six tackles for the Steelers after being placed on season-ending injured reserve with a knee injury in October.
Looking for the latest NFL Insider News & Rumors?
Be sure to follow NFL Trade Rumors on TWITTER and FACEBOOK for breaking NFL News and Rumors for all 32 teams!