Well, that was fun.
After not finding a trade partner before their deadline on Wednesday, the Buccaneers released Darrelle Revis making him a free agent.
With the release, the Buccaneers now gain $16 million to their salary cap, allowing them to continue to be aggressive in free agency.
The Buccaneers will also be allowed to retain their 3rd round selection in May’s draft, instead giving up their 4th round pick to complete last year’s trade.
“We would like to thank Darrelle for his time and effort with our organization last year,” said Buccaneers general manager Jason Licht. “Darrelle showed a lot of heart last year as he worked extremely hard to get himself back on the field following his knee injury sustained the previous season. We have specific ideas regarding the best way to build this defense and, while you never like to lose a good player, we believe this is in the best interests of our team moving forward. Darrelle was a true professional here in Tampa Bay and we wish him continued success in his career.”
With a new regime comes major changes. Lovie Smith and Jason Licht ripped the Band-Aid off of the Buccaneers franchise that was placed on it last off-season with this move.
After all of the signings the Buccaneers have already made, it is expected, with this move, that they still have around $20 million under the cap.
Follow Justin Pawlowski on twitter @Commishonline for updates on the NFL Draft and the Bucs.