It's all well and good saying "cut this guy" and "cut that guy", but who's going to replace these players?

Ditching Rolle would mean the team takes a hit of around $5 million. Keeping him will result in a $7 million hit. Are you really going to find an adequate replacement for around $2 million?

Some guys can be released fairly easily, others can't.
Hete are the approximate hits the team would take for releasing the following players:

Baas - $8.2 million
Rolle - $4.5 million
Canty - $2 million
Webster - $3 million
Diehl - $4 million
Boley - $1.6 million
Tuck - $1.6 million

(Correct me if I'm doing the math wrong)