10-28-2020, 10:49 AM
(10-28-2020, 10:08 AM)bfine32 Wrote: I doubt we release him as his dead cap is $2 Mil more than his cap hit. If we cannot find a trade partner I see us giving him the T.O. treatment and I dig it.
The way that is calculated is a little (very) confusing.
The number you're seeing is a pre-release amount. Essentially what happens is, when you release a player early you assume any remaining years dead cap number as well. So by releasing him in 2020 you assume 2021's 2.25 mil dead number a year in advance. The actual total cap used doesn't change, you're just eating money in advance. (We can carry 2.25 mil now, or we can carry in it 2021, depending on his release date) It's just moving it a year forward.
There's also different numbers for post 6/1 releases, which is what this is. Here they are:
Pre-6/1 Release 2020 Dead Cap: $12,800,000 2020 Cap Savings: $-1,812,500
Pre-6/1 Trade 2020 Dead Cap: $5,000,000 2020 Cap Savings: $5,987,500
Post-6/1 Release 2020 Dead Cap: $10,550,000 2021 Dead Cap: $2,250,000 2020 Cap Savings: $437,500
Post-6/1 Trade 2020 Dead Cap: $2,750,000 2021 Dead Cap: $2,250,000 2020 Cap Savings: $8,237,500
We would still save cap space by releasing him now, and we'd zero out any cap for next year.
