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The Dallas Cowboys have received their post-June 1st salary cap space from the Michael Gallup release.
By RJ Ochoa Jun 2, 2024
Generally speaking the post-June 1st designation exists so that teams can release players in March and allow them the opportunity to find new homes while saving as much as they want to from an accounting perspective. It would be the worst kind of situation if teams had to wait until June to actually do it.
But even though the designation is set months earlier the salary cap relief that comes does not happen until June arrives which is why the subject is relevant today. When the Dallas Cowboys released Michael Gallup earlier this offseason they made him a post-June 1st designation.
While Gallup will carry a cap charge of $8.7M in 2025, there is now almost $10M opened up in 2024 by way of his release. Entering the month the Cowboys had $3.8M in cap space according to OverTheCap so if they want to get a little bit more active in things they now have the room to do so.
https://www.bloggingtheboys.com/202...pace-michael-gallup-post-june-1st-designation
By RJ Ochoa Jun 2, 2024
Generally speaking the post-June 1st designation exists so that teams can release players in March and allow them the opportunity to find new homes while saving as much as they want to from an accounting perspective. It would be the worst kind of situation if teams had to wait until June to actually do it.
But even though the designation is set months earlier the salary cap relief that comes does not happen until June arrives which is why the subject is relevant today. When the Dallas Cowboys released Michael Gallup earlier this offseason they made him a post-June 1st designation.
While Gallup will carry a cap charge of $8.7M in 2025, there is now almost $10M opened up in 2024 by way of his release. Entering the month the Cowboys had $3.8M in cap space according to OverTheCap so if they want to get a little bit more active in things they now have the room to do so.
https://www.bloggingtheboys.com/202...pace-michael-gallup-post-june-1st-designation