By 4 p.m. ET, every NFL team has to be under its salary cap. The looming deadline forced teams to scramble to get their numbers right.
David Garrard was cut by the Miami Dolphins. The former Jacksonville Jaguars quarterback was attempting a comeback after being cut by the Jaguars a week before the season started in 2011. After showing promise in Miami, Garrard injured his knee. With the Dolphins needing cap space, and Ryan Tannehill and Matt Moore performing well, Garrard was the odd man out.
Bryant McKinnie narrowly avoided Garrard's fate by restructuring his deal with the Baltimore Ravens. He will now get a chance to earn $3.5 million through incentives. Kellen Winslow's surprise release over the weekend was also a cost-cutting to move. By releasing Winslow, the Seattle Seahawks avoided a $3.3 million cap hit.