Chargers shed Spikes; Tyson Jackson accepts big pay cut

San Diego released 16th-year LB Takeo Spikes, who had been scheduled to make $3M in his third season with the Chargers.

Jeff Legwold wonders if D.J. Williams could end up following Mike McCoy to the Whale's Vagina to replace Spikes.

Incarcerated Bob says John Elway will pull out of the Darrelle Revis sweeps if LOLJets GM John Idzik doesn't make a decision soon. (h/t AldenBrown)

News

RB Steven Jackson officially voided the final year of his contract with the Rams, making him a free agent as of next Tuesday.

Never-used Falcons defensive end Lawrence Sidbury (31 snaps in 2012) can't wait to get out of town.

Tennessee re-signed K Rob Bironas and DE Keyunta Dawson.

Giants CB Corey Webster accepted a hefty pay cut to remain with the team.

DE Tyson Jackson has taken a massive pay cut to stay with the Chiefs for another year, but his salary is reportedly guaranteed, and he has the chance to make much of the lost earnings via incentives.

Atlanta welfare queen Arthur Blank will get as much as $215M in handouts to hlp build a new downtown stadium for the Falcons. 

Rumors

Washington is expecting to re-sign TE Fred Davis.

Josina Anderson says the Seahawks, Dolphins, Giants, and LOLJets have all inquired about Charles Woodson.

Philly and Miami are considered potential destinations for tackle Eric Winston, who was cut by the Chiefs yesterday. So are the Texans, his old team.

Updated 3:27pm ET

Doug is IAOFM’s resident newsman and spelling czar. Follow him on Twitter @IAOFM

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