Cap Impact of Traded players

[Man Strength]

How does trading a player, instead of outright cutting them, affect the team's salary cap?

For example, if we cut Lucas, we only get a few million in cap relief. If we trade him, do we then get to write off the whole thing or still only a portion?

[Phil Dees]

How does trading a player, instead of outright cutting them, affect the team's salary cap?

For example, if we cut Lucas, we only get a few million in cap relief. If we trade him, do we then get to write off the whole thing or still only a portion?

Question 1.12

What happens if a player is traded or retires?

Answer: We already know that if a player is waived on or before June 1, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Acceleration also occurs when a player is traded or waived and picked up by another team. The new team is not responsible for any of the original signing bonus. The team that waived or traded the player is responsible for the accelerated signing bonus (in the same manner as described above).

In most cases, if a player retires, the remaining signing bonus that has not been included in salary “accelerates” and is included in that year’s team salary. Thus, the team will take an immediate salary cap hit of the remaining signing bonus.

http://www.askthecommish.com/salarycap/faq.asp

[Man Strength]

how is Lucas' contract structured? especially in terms of bonuses and guarantees?

[panthers55]

how is Lucas' contract structured? especially in terms of bonuses and guarantees?

Trading or releasing him is essentially the same for us minus any draft picks we get for trading him. We will save around 2.3 million of his current 9 million dollar cap hit, I believe I read somewhere. So in other words if we keep him it costs up 9 million. If we trade or release him he will still count 6.7 million against the cap give or take a couple of hundred thousand. But he won't cost another 9 million next year which he is expected to do if we keep him through his contract.