xwalker
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Trading Romo in 2016 would add about 14.6M to the cap.
It would be very difficult (Extending the contracts for Church, Free, etc) but not impossible to do it. They would need to get a significant draft pick in return to make it worth doing during the 2016 season.
After the 2016, it would be very easy. They actually gain 5M in cap space for 2017 if he is traded.
Current cap hit for 2016: 20.8M
Unrealized dead-money remaining: 19.6M
2016 Base Salary: 8.5M
If they traded him this week, then the new team would pay 10/17ths of his base salary.
10/17 x 8.5M = 5M (really odd that it comes out to exactly 5M, maybe a sign...)
That means that the Cowboys can subtract that amount from his original cap hit but they have to absorb the 19.6 of dead-money that accelerates into the cap.
20.8M - 5M + 19.6M = 35.4M total cap hit for 2016.
Since 20.8M was already counting against the cap, the net increase would be 35.4M - 20.8M = 14.6M
They are currently about 1M under the cap. They should get more when RoMc is released after his suspension but that only about 2M and won't happen before the trade deadline. Cutting McFadden is only about a 1.25M gain.
It would be very difficult to make that much cap space by simple restructures of other contracts. Dez is the only simple restructure that would free up about 6M for a total of 7.1M under the cap.
They would likely have to extend the contracts of some players because they are near the end of their current deals. Barry Church is in the last year of his contact and Free has 1 year remaining. You can't restructure a player that has no remaining years on his contract without extending his contract (It's possible to add some dummy years, but that gets messy). Even extending Church and Free wouldn't be quite enough. They could squeak out enough by restructuring more contracts, but they would be basically maxed out against the 2016 cap because there is not much "meat on the bone" in terms of contracts available for restructuring in 2016.
It would be very difficult (Extending the contracts for Church, Free, etc) but not impossible to do it. They would need to get a significant draft pick in return to make it worth doing during the 2016 season.
After the 2016, it would be very easy. They actually gain 5M in cap space for 2017 if he is traded.
Current cap hit for 2016: 20.8M
Unrealized dead-money remaining: 19.6M
2016 Base Salary: 8.5M
If they traded him this week, then the new team would pay 10/17ths of his base salary.
10/17 x 8.5M = 5M (really odd that it comes out to exactly 5M, maybe a sign...)
That means that the Cowboys can subtract that amount from his original cap hit but they have to absorb the 19.6 of dead-money that accelerates into the cap.
20.8M - 5M + 19.6M = 35.4M total cap hit for 2016.
Since 20.8M was already counting against the cap, the net increase would be 35.4M - 20.8M = 14.6M
They are currently about 1M under the cap. They should get more when RoMc is released after his suspension but that only about 2M and won't happen before the trade deadline. Cutting McFadden is only about a 1.25M gain.
It would be very difficult to make that much cap space by simple restructures of other contracts. Dez is the only simple restructure that would free up about 6M for a total of 7.1M under the cap.
They would likely have to extend the contracts of some players because they are near the end of their current deals. Barry Church is in the last year of his contact and Free has 1 year remaining. You can't restructure a player that has no remaining years on his contract without extending his contract (It's possible to add some dummy years, but that gets messy). Even extending Church and Free wouldn't be quite enough. They could squeak out enough by restructuring more contracts, but they would be basically maxed out against the 2016 cap because there is not much "meat on the bone" in terms of contracts available for restructuring in 2016.