Grasmanis was in the final year of his contract and stood to make only $710,000 this season, so the move doesn't save much money. Plus, the Eagles didn't really need to make any moves since they're in great shape cap-wise.
"Paul is one of my favorite guys," said head coach Andy Reid. "He was a tough player who gave everything he could possibly give to a football team. He played a lot of valuable snaps for the Eagles and helped us win a lot of football games. We appreciate everything he did, and wish he and his family all the best in the future."
Grasmanis played 104 games (nine starts) during his 10-year NFL career and posted 197 tackles, 12 sacks and three forced fumbles. A native of Jenison, MI, he was a two-year starter at Notre Dame. He currently resides in Tallahassee, Florida.
The Eagles are unlikely to make any other post June first cuts.
One of the dates that the league and fans look to every year is June 1. In the past, that was the date when teams could release a player and put a portion of the salary cap hit in to next year's cap.
Because of the new collective bargaining agreement, things have changed.
According to the NFLPA, before the new league year starts in March, teams can choose up to two players each year who may be released before June 1 to sign with another team, but whose salary cap amount is still carried with the team until June 1 (such salary cap amount shall not reflect any renegotiation of the player's contract that occurred after the last regular season game prior to last season).
By releasing the players early so they can latch on to another club, the original team is rewarded by spreading out the remaining accelerated signing bonus to next year's cap. So they only get charged for one season of the remaining bonus - not the entire bonus acceleration in the current season.
Because so many teams made moves earlier this year and because the salary cap has increased, the June 1 cut down date probably will be anticlimactic.
While there's a good chance you won't see any big name players released in early June, here is scout.com's list of possible salary cuts:
Marcel Shipp / Arizona Cardinals / Base salary-$1.425 million (final year of his contract) - That's a lot of money for a player whose play as deteriorated in recent years and who isn't certain to win the No.2 job.
Lee Suggs / Cleveland Browns / Base salary-$950,000 - While there hasn't been an indication that his job is in jeopardy, RB William Green is ahead of Suggs on the depth chart and the team selected RB Jerome Harrison in April's draft. If Suggs isn't released, he could be dealt some time during training camp to a team that loses a back due to injury.
David Patten / Washington Redskins / Base salary-$1.085 million - Patten doesn't figure to be any better than the Redskins' fourth receiver, so his salary seems quite high for player in that role.
Bobby Hamilton (DE) / Oakland Raiders / Base salary-$1.335 million - The veteran end is probably a better fit for a 3-4 scheme and the team went back to using four down linemen last season. Hamilton is also slated to be a backup this season and his salary is high for a player in his role.
Courtney Watson (MLB) / New Orleans Saints / Base salary-$425,000 - He would have been traded to Miami had the deal not been voided due to LB Eddie Moore flunking the Saints' physical. Watson has been a big disappointment for the club since being selected in the second round of the 2004 draft.
Kailee Wong (OLB) / Houston Texans / Base salary-$2,000,000 - He's still coming back from knee surgery and may not be ready for the start of the regular season. Wong is also on the hook for over $10.5 million over the next four seasons.
Mark Roman (SS) / Green Bay Packers / Base salary-$800,000 - He was competing against free agent signee Marquand Manuel during their most recent mini-camp so he could stick but Roman's play since he signed with Green Bay prior to the 2004 season has been inconsistent at best.