Verdict
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If he had been playing this season and was cut, then any salary paid by the new team would be deducted from the Cowboys cap. They would also save that amount in real money.
However, in the Rat situation, he was on the PUP list which prevented his base salary from being guaranteed for the season. The Cowboys were able to quit paying his base salary when he was cut; therefore, there was no benefit to the Cowboys when he signed with the Bears.
Thanks for the reply. That was what I was looking for.