is the 18 mil a post june 1 cut number?
Nope, outright. Post June 1 would save us $1.5m in 2014 (but even with an early designation, we don't get that space until after June 1) but then we'd take a hit of $12.7m in 2015, a net loss of about $4.2m in 2015 (his cap hit that year is $8.5m). Not worth it IMO.
For comparison's sake, cutting DeAngelo outright would cause dead money of $9.6m over a cap hit of $6m (loss of $3.6m). But as a June 1 cut, it'd save us $1.85m in June and only cause a $267k cap loss in 2015. Oddly enough, cutting DeAngelo June 1 the following season has about the same net effect on the cap.
Sent from my SCH-I535 using CarolinaHuddle mobile app