Quote:
Originally Posted by milkman
If this is true, then it seems to point to Streater having almost certainly clinching a roster spot.
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Actually, it looks kinda like the opposite, which is surprising
http://www.kansascity.com/sports/spt...e96180652.html
Chiefs gain $4 million in cap room with Rod Streater contract adjustment
The Chiefs had a little over $3 million in cap space on Wednesday, according to the NFL Players Association, which was a sharp contrast from previous days, where the number was around negative-$900,000.
So what happened? It appears there’s been an adjustment to wide receiver Rod Streater’s contract. Streater’s cap number dropped from $4.8 million to $810,000 due to a restructure of contract’s incentives that was filed in early August.
The renegotiation created cap room because Streater’s incentives — which were for things like receiving yards, touchdowns and receptions and total $4 million — were restructured to go
from being likely-to-be-earned (and thus, counting against the cap) to
not-likely-to-be-earned (and thus, not counting against the cap).
It is unclear why the change occurred — the Chiefs don’t comment publicly on business matters — but the Chiefs now find themselves with an adequate amount of cap room to play with as the season draws near.