Explain this to me, as I'm not following.
The day Dak signs his deal, the signing bonus is prorated over 5 years max, including the current year he's in. If Dallas lets his contract void, they get hit with 40mil dead no matter if they sign him a week into Free agency.
If Dallas signs him in February/prior to contract termination, his prorated signing bonus cap hit for 2025 becomes 26.132 existing bonus from restructuring the 2021 contract + 15mil signing bonus from new deal.
Right off the bat, his signing bonus cap hit is 41mil in 2025. Prorated signing bonus cap hits can't be modified.
Now, they can make his base salary near minimum, say 1mil for an example by restructuring right away, for a total cap hit of ~42mil
If you gave Dak a base salary of 41mil in 2025, his total cap hit would be ~82mil.
Signing bonus isn't stored in the void years unless it's part of a restructure or within the 5 year max spread for signing bonus. If you did a 4+3 void year deal, only 1 void year gets filled with the prorated signing bonus intitally, as it's a max of 5 years that signing bonus can be spread out.
75mil signing bonus:
25 = 15, 26=15, 27=15, 28 =15 29(void)=15
The benefit to having 3 void years is the next three years of his deal they can restructure the contract and gain 1 year to maximize the spread of the restructured signing bonus.
In 2026 when they restructure his deal, now the 2nd void year gets used for spreading cap purposes(5 year max).
Dead cap in the void years is purely based off how many times and the amount that was restructured.
There's no benefit to having an equal split base salary. The cap will rise as it has and 40mil now is worth a lot more than 40 mil in 2028. It's better to push more base towards the end.