Keeping Livings next year would have counted $4.1 on the cap. Cutting him will cost us $2.1M in cap room. So there's $2M.
Keeping Bernadeau in 2014 will count $3,574,166 towards the cap. Releasing him in the offseason will cause a cap hit of $2,648,333. That frees up only $925,833 in cap room...