Actually, I made a math error too on the cut in 2014 scenario. That said, here's the easy way to think about it...
If we do nothing and let DWill play out his contract, he costs us 27.6 million in cap space over the next 3 years. Cut him this year, and he costs us 9.6 million over those 3 years, for a savings of 18 million. If he plays this year and gets cut next year, he costs us 8.2 this year and 6.4 over the final two years, for a total of 14.6 or a savings of 13 million over the 3 years.
The actual math is as follows:
2013 post June 1 cut gives a cap charge of 3.2 million this year, and 6.4 million in dead money for 2014, at which time he's off our books. All of this is for unallocated bonus charges. So instead of scheduled charges of 8.2, 9.2, and 10.2 in 2013 thu 2015, his total charge is just 9.6. saving 18.
2014 pre June 1 cut gives us a charge this year of 8.2 as scheduled plus 6.4 million next year (unallocated signing bonus) and obviously nothing in 2015. Total savings from what is currently scheduled is 13 million. Actual savings against the cap by year would be $0 in 2013, $2.8 million in 2014, and $10.2 in 2015.
2014 post June 1 gives us a charge of 8.2 this year, 3.2 next year (unallocated bonus) and the final 3.2 in unallocated bonus in 2015. Actual savings per year would be $0 this year, $6 million in 2014, and $7 million in 2015.
Clear as mud, right?
As a fan, I would not be at all upset if we decide to keep DWill this year as I think he is still our best back despite what many think. I actually hate Stew's contract more than DWill's as we heavily backloaded Stew's making it very tough to do anything with him. Unless we can find a desperate team that will take on upcoming guaranteed money in Stew's deal, we are stuck with him for awhile. At least with DWill's, we have some options in how we handle it.
Nice job, thanks for breaking that down.