Nightman
Capologist
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Fla Cowpoke;5018493 said:I am pretty sure that if Free is cut now there is almost no effect on this year's cap due to the restructure he did last year. It would get him off the books the next two years though, when he has even bigger cap hits.
If he is designated a June 1st cut I believe we save like 3m this year but have dead space next year. And that money doesn't come off the cap until June so I don't think the fact he hasn't been asked to restructure again has anything to do with him staying or going.
If they cut him now, they save 2.85m in cap space but have to eat the entire 8.3m in dead money this year.
If they wait until or designate him a June 1st cut, they don't get any relief until then, but it would save 7m against the cap this year and cost 4.15m in dead money in 2013 and 2014.
If they get him to take a 50% pay cut they would save 3.5m against the cap and still have the chance to turn him around. Not a bad swing T.
I guess if they really need the cap space(no Romo or Spencer deals) they will cut him, but they really don't gain that much. Waiting him out seems like the best deal, since the bulk of FA and the draft will be over and the chance of him signing a deal worth 3.5m or more would be slim. The only danger is him getting hurt during OTAs and having to pay him the full 7m.