San Diego Chargers CB Derek Cox is a candidate to be released. However, he has a $4.25 million base salary which becomes fully guaranteed on the third day of the league year. His release this month would add $1.65 million in camp room while creating $3.9 million in dead money. If the team uses a post-June 1 designation when releasing him, they’d push $2.6 million of that dead money into 2015.
Chargers | Derek Cox might be jettisoned