yimyammer
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From my understanding if Romo is designated a post June 1st cut they can divide the $19.5 mil cap hit over 2017 and 2018. If he's cut or trade prior to June 1st the entire $19.5 mil cap hit would be absorbed in 2017.
Correct. I don't think the cap hit is split exactly 50-50 between 2017-18 but I cant remember what the rules for the split are.
Keep in mind this is a sunk cost and there wont be any "saving" of any of the 19.6 mill dead money, its merely how much it gets absorbed by the cap in each year.
The team can restructure contracts to free up enough space to absorb the full 19.6 million in 2017 and immediately have it paid back in 2018 because the dead money cap in 2018 would now be zero.
like I said, 6 one way, half a dozen another.
I have a question though... if Romo is designated a June 1st cut can the team negotiate a contract with a FA (using the Romo cap space) prior to June 1st and then just wait until June 1st to put pen to paper? If not then it really makes no sense to cut him because all of the top FA will have signed with other teams by June 1st.
If Romo isnt cut until after June 1st, all that could be done is a hand shake deal pending his release. Whether the player and his agent would be willing to do this, I cant say. There is a June 1st designation (each team has one (1) IIRC) where they can release Romo prior to June 1st but designate him as a post June cut so the cap hit can be allocated over two years.