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We can cut Deangelo next year and owe him nothing, no cap hits,nothing!

#Hurneymagic!!

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86 replies to this topic

#85 iamhubby1

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Posted 19 July 2012 - 04:28 PM

No, I am not rooting for this. It's just an exercise in cap management.

But at least we know we could do it if we had to.


Yeah, I'm sure we just solved the problem. And there was great rejoicing. We just may go down in infamy with this.

#86 MadHatter

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Posted 19 July 2012 - 08:22 PM

Just to clarify, the Williams contract includes $21 million guaranteed, A $16 million signing bonus, and the 2011 base salary ($5 million). The signing bonus pro-rated over the 5 years at $3.2 million per year against the cap hit. If Williams is released next offseason, the $9.6 million in signing bonus cap hits would count against the 2013 cap hit. If they release him after June 1, 2013, they can spread that $9.6 million out over 2 years of cap hits.

Mike, Spotrac


Exactly

If they released him, they would not owe him any more cash. But the pro rated bonus would hit the cap for 9.6m.

#87 Marguide

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Posted 19 July 2012 - 09:20 PM

Exactly

If they released him, they would not owe him any more cash. But the pro rated bonus would hit the cap for 9.6m.


Yes, but take a look at post 82 above. Although I hope they don't, cutting him would have almost no net impact cap-wise.