The Indianapolis Colts are releasing defensive tackle Margus Hunt and while they aren’t strapped for cash in free agency, the cut does save them a bit of money.
Hunt, who was entering the final year of his two-year extension he signed before the 2019 season, will save the Colts $4 million after being released, per Over The Cap. This comes in the form of $3.5 million base salary and $500,000 in per-game roster bonuses.
The Colts had $64.9 million in salary cap space left after re-signing Anthony Castonzo to a two-year deal. Now, they get a little bit of cash left over from the release of Hunt.
Hunt was becoming an expendable asset. It became clear in 2019 when he played in 16 games but failed to record a sack, quarterback hit or a tackle for loss. The Colts need to upgrade their interior defensive line, and it wasn’t going to happen by keeping Hunt.
The Colts are still among the leaders in salary cap space, and they just added a bit more to their pile.
