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The Pittsburgh Steelers parted ways with a former fourth-round draft pick on Friday as cornerback Cortez Allen was released.
Developing story.
http://www.Invalid Link - Check SN Home Page/2016/04/steelers-release-cb-cortez-allen/
UPDATE:
<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Steelers have released cornerback Cortez Allen, team announced today.</p>— Adam Schefter (@AdamSchefter) <a href="https://twitter.com/AdamSchefter/status/721068416573009920">April 15, 2016</a></blockquote>
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Allen, what was drafted by the Steelers in 2011 out of the Citadel, signed a four year contract extension worth $24.6 million just prior to the start of the 2014 season. Since then, he’s only started 7 games and ended both of the last two seasons on the team’s Reserve/Injured list.
The Steelers will save $1.7 million in cap space this year prior to roster displacement if Allen was not designated as a post June 1 release. If, however, he was designated as a post June 1 release, the Steelers will save $4.4 million against this year’s salary cap after June 1 with a dead money charge of $2.7 million carrying over to 2017.
There was a report a few weeks ago that the Steelers asked Allen to take a pay cut this year but that obviously did not take place.
During his five seasons with the Steelers, Allen recorded 168 total tackles, 6 interceptions and 3 forced fumbles.
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