Mr_Bill;5081430 said:
I don't think so.
If Free is cut after June 1, only this year's portion of his signing bonus applies to the 2013 season. The remainder would come due in 2014. If he has four years left on his contract, as has been stated in this thread, 1/4 is due this year, and 3/4 due in 2014.
It depends on the remaining years in his contract.
A fine mess I made of this!
:
I got part of it right, but that's not good enough.
There are three factors to consider when calculating for a post-June 1 release: the amount of the bonus, the length of the contract, and when it was signed. The annual proration for all bonuses is calculated by dividing the bonus by the number of years covered by that bonus [maximum 5 years]. Each year the annual proration is accrued as part of the team's salary cap calculation. If the player is released after June 1, his annual proration is accrued as usual, any remaining non-accrued portion falls into the next year's salary cap.
For instance, if a player signs a 5-year contract, and is given a $10 million signing bonus, his annual proration is $2 million. If that player is released after 2 years, the team is charged the $2 million for that year, and the remaining $4 million applies to the next year's salary-cap costs.
The calculations get more complex if a player restructures, extends, has another contracted bonus, etc. Each new bonus is calculated in the same way as the original, counting from the date of the new bonus. The old bonus still stands, and must be added in until it is completely accounted for.
I do not have the details of Doug Free's contract, so someone else, who does, will have to do the math.
Sorry for the confusion.