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Packers Releasing Nick Perry
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<blockquote data-quote="sschind" data-source="post: 824127" data-attributes="member: 10247"><p>Depends on when the bonus is due. Some are on the first day of the new year some are on the third. It all depends on the contract. As long as he is cut before the due date he doesn't get the bonus so it doesn't count against the cap even if he is designated a post June 1st cut. </p><p></p><p>They still could have avoided the roster bonus by using the June 1st designation but it comes with its own drawbacks. Primarily tying up cap space until June 1st and keeping dead money on the books next season.</p><p></p><p>The post June 1st cut would also not give any cap relief UNTIL June first so any money saved in 2019 would not be available now. On June first they would gain 11.some million right now they gain 3.some. In addition to having to wait for the cap relief they would still have dead money next season to count. This way its all over this year and they are free and clear. </p><p></p><p>there were three options.</p><p></p><p>Cut him outright now before the bonus is due (which is apparently what they did) and take the full accelerated signing bonus hit of 11 this year with a cap relief of 3.whatever million available immediately.</p><p></p><p>Cut him with a post June 1 designation which means they still have to count the 11 million accelerated SB but only 1/3 of it in 2019. The downside is they still had to carry his 2019 salary (not the bonus) plus that 1/3 on the books until June first at which point his salary portion would drop off and only the 1/3 would count meaning they wouldn't gain any relief until June first. They would also have 2/3 of the signing bonus count as dead money in 2020.</p><p></p><p>Wait until after June first which would accomplish the same thing with regards to the signing bonus money but they would also have to count the 4.8 million dollar roaster bonus that would have been paid on March 15th (or whenever it was due)</p></blockquote><p></p>
[QUOTE="sschind, post: 824127, member: 10247"] Depends on when the bonus is due. Some are on the first day of the new year some are on the third. It all depends on the contract. As long as he is cut before the due date he doesn't get the bonus so it doesn't count against the cap even if he is designated a post June 1st cut. They still could have avoided the roster bonus by using the June 1st designation but it comes with its own drawbacks. Primarily tying up cap space until June 1st and keeping dead money on the books next season. The post June 1st cut would also not give any cap relief UNTIL June first so any money saved in 2019 would not be available now. On June first they would gain 11.some million right now they gain 3.some. In addition to having to wait for the cap relief they would still have dead money next season to count. This way its all over this year and they are free and clear. there were three options. Cut him outright now before the bonus is due (which is apparently what they did) and take the full accelerated signing bonus hit of 11 this year with a cap relief of 3.whatever million available immediately. Cut him with a post June 1 designation which means they still have to count the 11 million accelerated SB but only 1/3 of it in 2019. The downside is they still had to carry his 2019 salary (not the bonus) plus that 1/3 on the books until June first at which point his salary portion would drop off and only the 1/3 would count meaning they wouldn't gain any relief until June first. They would also have 2/3 of the signing bonus count as dead money in 2020. Wait until after June first which would accomplish the same thing with regards to the signing bonus money but they would also have to count the 4.8 million dollar roaster bonus that would have been paid on March 15th (or whenever it was due) [/QUOTE]
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