Originally posted by TTown9ers:
What's his contract status next year? Can we just cut bait without dead money hit?
2027 Release/Trade
PRE-6/1 RELEASE
2027 Dead Cap: $49,980,436
2027 Savings: $4,886,318
PRE-6/1 TRADE
2027 Dead Cap: $49,218,965
2027 Savings: $5,647,789
What is a Pre-6/1 Release or Trade?
When a player is released or traded before June 1st, all of the dead cap remaining on his contract (including any guaranteed salary) accelerates into the current year.
JUNE 1ST DESIGNATION
2027 Dead Cap: $22,449,225
2028 Dead Cap: $27,531,211
2027 Savings: $32,417,529
What is a June 1st Designation?
When a player is designated as a Post June 1st release, their full cap hit must remain on the books until 6/1, after which the dead cap is split across the current and following season. The player becomes a free agent immediately however.
POST-6/1 RELEASE
2027 Dead Cap: $22,449,225
2028 Dead Cap: $27,531,211
2027 Savings: $32,417,529
POST-6/1 TRADE
2027 Dead Cap: $21,687,754
2028 Dead Cap: $27,531,211
2027 Savings: $33,179,000
What is a Post-6/1 Release or Trade?
When a release or trade is processed after June 1st (including a Post June 1st Designation transaction), the remaining dead cap on the contract is allowed to split across the current year & the following year. Dead cap that is directly associated with the current year plus all future guaranteed salary remains as current year dead cap, while the remaining future year dead cap is allocated to the following season.
Cap hit blooms to 54 mil and 47mil the next two years.
Source:
https://www.spotrac.com/nfl/player/_/id/29037/nick-bosa