Dillon & salary cap
With the Patriots announcing the release of running back Corey Dillon today, the team can use a new part of the collective bargaining agreement to absorb less of a salary cap hit. Per the new CBA, the Patriots can declare Dillon a June 1 cut and save themselves approximately $2.5 million on the cap.
Dillon's release is not a surprise. The running back requested his release from the Patriots and said last week that he plans to retire. Dillon did leave the door open to possibly play again in 2007, but said he doubted that would happen. His agent, Steve Feldman, said he will still seek offers for Dillon.