jarntt
Well-Known Member
His current 2023 cap hit with no changes would be $16.7M. If they designate him a post 6/1 cut it gives them maximum savings of $10.9M against the cap and his 2023 cap hit would be lowered to $5.8M. So a $4M salary gives him a $9.8M cap hit which reduces that savings to $6.9M. This would leave another $6M which would hit the cap in 2024.So if I'm reading that right, they could offer him a little over $4 million and it would be about the same savings as cutting him minus the dead cap?
the scenario you are probably referring to is a pre 6/1 cut but they won’t do that. If they cut him today and don’t designate him a post 6/1 cut all of his dead money hits in 2023 and his cap hit would be $11.86M which is a savings of $4.8M. So a salary of $4.8M will be a wash. But again the comparison would be to the post 6/1 scenario.