It depends. If we cut him or trade him(depending on the vote by league) before frree agency then we save $1mil. If we cut him after Mar 1, then we don't save anything. We take the same hit as if he were to stay.
So if we are going to get rid of him, it would be one of the "2" allowed players to be cut before free agency that the league allows the team to split the cap hit in half between 2007 and 2008.
Mare is most likely going to stay. Unless he continues to suck it up.
The "2" players most likely to be cut/traded before Mar 1 are Zach Thomas...because he would clear $6.2mil, and Chris Chambers who would clear $4.3mil.
If we keep Chambers, the next on the list would be James who would clear $2mil.
But we can still cut James after Mar 1 and clear $1mil.
Booker should be cut as well clearing $3.1mil.