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

panther4life

By panther4life,
in Carolina Panthers

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MadHatter Rookie

MadHatter

Posted
Posted

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.

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Marguide Newbie

Marguide

Posted
Posted

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.

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