San Diego,CA- The San Diego Chargers this afternoon have released cornerback Derek Cox.
Derek Cox signed with the San Diego Chargers last offseason as an unrestricted free-agent to a four-year deal. Cox was brought in to replace former Charger cornerback Quentin Jammer and was expected to be the Chargers number one cornerback for years, until the season started and Cox struggled from the start and eventually lost his starting job by midseason.
Cox was set to make $4.25 million next season and his release saves the Chargers $4.25 million, but also creates $3.9 million in dead money against the cap.
Shareece Wright who played the role of the Chargers number one cornerback last season, is expected to remain as one of the teams starting two cornerbacks next season.
The Chargers will look to free agency and the draft to upgrade the secondary and find their second starting cornerback.
While most agree Tom Telesco had an excellent first season as the Chargers general manager with many of his draft picks and free-agent accusations were a success, the acquisition of Cox was a mistake and yet unlike the past regime, Telesco was willing to admit his mistake and wasn’t afraid to admit it and release Derek Cox today.