Sure, but in the case of f.e. Chamberlain - they'd only save 600K by cutting him and dealing with the dead money. I don't know how well Chamberlain has recuperated from his injury last preseason, but he certainly looked like a much much better player before that injury than what you could ordinarily get for 600K. If Chamberlain is back to what he was going into last preseason - I would hands down want to keep him on the roster. Also, he probably has one of the better sets of hands out of all of the LBs and that is always an added benefit.

I'm not saying that they'll end up keeping all of the players that are currently under contract - just that it's not as simple as just cutting everyone you don't necessarily like and, furthermore, claiming that the biggest reason for doing it being the automatic savings in money that would incur from cutting a vet and replacing him with a rookie.

Herring will be out of contract next year and Chamberlain will enter his last year with a $1.5M cap hit - not exactly high rollers when it comes to potential cap savings for next season.