Booger McFarland remains a Bucs, he restructured his contract.

Anthony "Booger" McFarland has done it again; He restructured his contract, which ensures he remains a Buccaneer. Derrick Brooks, Simeon Rice and Booger McFarland were the three highest paid players on the team, and with the CBA in turmoil, one or two of these players could be cut. However, it won't be Booger. This is the second time in six months that he has restructured his contract for the Buccaneers.

This is good news for the Buccaneers and Booger. Booger, who replaced our star defensive tackle Warren Sapp has never really lived up to his current contract. Booger has been plagued by injuries.

However, Booger showed signs at the end of this past season of greatness. Booger and Derrick Brooks are the Buccaneers player representives and have been very much involved in the CBA talks. This makes me wonder if Booger knows that the CBA talks has fell through again as ESPN reported Saturday night. Booger knew that he was on the cutting block and with all the free agents that were getting dumped, maybe Booger wanted to feel a little secure. This leaves me with one question, Brooks or Rice, who will it be or both that get cut? I hope that both Brooks and Rice restructure their contracts to remain a Buccaneer, which will keep the Leagues number one Defense together. That is after they residefensiveive tackle Chris Hovan.

According to the Pewter Report:

"It is unknown at this time exactly how much cap room the move saves, but considering the Bucs are approximately $11 million over the NFL-mandated salary cap of $94.5 million, any cap relief helps. The $11 million cap overage takes into account the fact that the contracts for fullback Mike Alstott and tackle Kenyatta Walker will void at the start on the first day of the new league year.

The Bucs restructured McFarland's contract in October in an effort to
free up cap room so that the team could execute the trade with the San Francisco 49ers for quarterback Tim Rattay.As part of his reworked deal back in October, McFarland was given $1.592 million in the form of a signing bonus and his 2005 base salary rate was reduced to $540,000 for the remainder of the season. While his new cap figure in 2005 was $3.512 million, McFarland's salary cap value was scheduled to escalate to $8.098 million in 2006, a figure the cap-strapped Bucs were hard pressed to afford."

pewterreport.com

The Buccaneers have also tendered one-year, $385,000 contracts to four players - tackle Anthony Davis, guard Jeb Terry, wide receiver Edell Shepherd and running back Earnest Graham.

Tight end Anthony Becht has also reworked his contract, which is believed to have guaranteed a $500,000 roster bonus, Which is saving approximately $400,000 in cap space this year for the Buccaneers.