Can someone explain to me how these #'s work on a very high level basis...
Taking these #'s from overthecap.com.
Brad Jones has a pre June 1 Dead money number of $1M but a cap savings of $3.75M. So does that mean to cut him pre June 1 we would have to pay him $1M (the remaining bonus he's owed) immediately but the rest of his $4.75M ($3.75M) cap number comes off the books?
Taking these #'s from overthecap.com.
Brad Jones has a pre June 1 Dead money number of $1M but a cap savings of $3.75M. So does that mean to cut him pre June 1 we would have to pay him $1M (the remaining bonus he's owed) immediately but the rest of his $4.75M ($3.75M) cap number comes off the books?