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Roughly $550k (gross) either way. The "net" savings would be less because you have to deduct whatever they're paying the player who replaces him.
However, if Rowe were to be cut or traded to create a roster spot for Dawson, the savings would be somewhat more than with signing a new player, since the Pats have been paying Dawson his $480k salary all along.
But then, Rowe himself is currently injured. Reports are that he re-aggravated his perennial groin injury during the game in CHI, and he wasn't at practice today. So, he can't be cut, and it's unlikely that anyone would trade for him.
He can be IRed and then given an Injury settlement.











