LANHAM, Md. (CBSDC) — The Washington Redskins and wide receiver Santana Moss agreed to terms on a restructured contract.

The restructuring will save the cash-strapped franchise roughly $2 million in cap space, David Elfin reports.

Moss, who is entering the final season of his contract, was to count roughly $6.2 million against the cap. He, along with defensive end Adam Carriker, were thought to be likely candidates for release as the team continues to juggle finances to overcome the second year of a $36 million salary cap penalty imposed by the NFL. On Monday, Carriker also agreed to a restructured contract.

Cornerback DeAngelo Hall became the team’s first high profile cap casualty. His release saves the Redskins $8 million.

The team is now believed to be $3 million under the salary cap with a new league year scheduled to begin at 4 p.m. Tuesday.

REDSKINS MOVES

CB DeAngelo Hall released
DE Adam Carriker restructures contract
OL Tony Pashos signs 1-year deal
NT Chris Baker tendered 1-year deal
OL Kory Lichtensteiger re-signs; 5-year deal
LB Rob Jackson re-signs; 1-year deal
TE Logan Paulsen re-signs; 3-year deal
LS Nick Sundberg re-signs; 4-year deal
FB Darrel Young re-signs; 3-year deal

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