Found May 01, 2013 on Steelers Depot:
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The Pittsburgh Steelers signed veteran punter Brian Moorman to their 90 man roster on Tuesday and the details of the contract are now in. Moorman signed a one-year qualifying contract with a base salary of $940,000 and the deal included no signing bonus. Being as it was a qualifying contract, the cap charge for Moorman will be $555,000. Thanks to displacement in the Rule of 51, the signing of Moorman only used up $75,000 in additional cap space. This leaves the Steelers with approximately $392,427.00 in cap room until June when at that time they will get an additional $5 million plus in cap Read more [...]
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