The Chicago Bears’ secondary became a little less crowded today.
We have waived Tracy Porter. pic.twitter.com/RMukN82xld
— Chicago Bears (@ChicagoBears) April 10, 2017
The Bears have waived goodbye to Tracy Porter, the most experienced cornerback on the roster. He played 30 games and made three interceptions in two years with the Bears after spending time with Saints, Broncos, Raiders, and Redskins. Porter signed with the Bears prior to the 2015 season, then signed a three-year extension in March 2016. But according to Biggs, the Bears will carry only $600,000 of dead cap weight by cutting ties with Porter now.
Then, there’s this from The Athletic’s Dan Durkin:
By waving Tracy Porter, the #Bears save $3.45M in 2017 cap dollars.
— dan durkin (@djdurkin) April 10, 2017
Porter owned a 40.6 grade, according to Pro Football Focus. And according to the site, Porter’s grade ranked 107th among 111 qualifying cornerbacks in 2016.
The move comes on the heels of a busy offseason for the Bears, in which the team signed four defensive backs in free agency — including three cornerbacks. Marcus Cooper, Prince Amukamara, and B.W. Webb will enter a crowded mix of Bears cornerbacks in 2017, but only Cooper was signed to a multi-year deal. Tack on safety Quintin Demps’ contract, and the Bears spent more than $20 million in guarantees in an attempt to revamp the secondary for 2017.
Whether or not the money will be seen as well spent is something we won’t know until the situation unfolds as the season plays out.