ScottF

but the $2.7 is gone, already spent

Now you are talking about spending $750K for a rookie or $1 mill for a vet.
If it's a rookie with potential, then sure, that's the way to go. However, we already have Wade, Sweeting, and Frederick? as projects. Bailey is a question mark and White is a work in progress.
If Greer is healthy, I'd rather him than another FA or UD rookie.

TheOak

I said 1m for a vet because with his 10 years that is Greers vet minimum. There is also the assumption that if there was any viability left on Greer, Loomis tried to negotiate a more friendly cap number and Greer wouldn't take it so he was cut. More assumption that a team tried to approach Greer with vet minimum and he is still a free agent.

Yes the 2.7m in cap space is already spent, at this point its a sunk cost and I do not see Loomis sinking another dollar into a player that he was forced to sink an unrecoverable 2.7m.

When players get up in age or 10+ years they don't usually go for a vet minimum because of the risk that he could never get injured and never fully recover. In Greers case he has made $31m in his career and since he hasn't retired I am assuming that he can still play, but he isn't going to risk being crippled for a vet minimum.

There are boat load of assumptions, basically because we have nothing else to go on.