Packers | Gain Cap Room After Settlement With Couch
Bob McGinn, of the Milwaukee Journal Sentinel, reports the Green Bay Packers have recouped $214,206 in salary cap space this season after reaching a grievance settlement with former QB Tim Couch. Under NFL rules, the Packers immediately were forced to count 50 percent of the player's base salary, which in Couch's case was $625,000, upon receipt of the grievance. Thus, when the grievance was filed Sept. 24 of last year, the Packers were charged $312,500 against their cap. The $214,206 was added to the Packers' cap room this year as a credit for the hit they were forced to absorb in 2004. Couch contended that the Packers released him Sept. 5 when his throwing arm was injured. However, he played 12 snaps in an exhibition game against the Tennessee Titans two days before being cut. Terms of the settlement are confidential. It is believed, however, that Couch received just under $100,000 as his part of the deal.
2005-07-19 21:53:13 | Source:
Access more Tim Couch news and rumors by clicking here....
For additional NFL information, please view KFFL's NFL Hot off the Wire.