Originally Posted by ChampionTexan
Cut him or trade him after the 2013 season, and either way you're getting that $10.5 million hit.
If Schaub is designated as a June 1st cut, the Texans would only be liable for the bonus allocation for 2014 (which is $3.5 million). The remaining $7 million in unallocated bonus would show on the 2015 cap. So the cap savings in 2014 in this scenario would be $14.5 million (salary + roster bonus + bonus allocation) - $3.5 million bonus allocation = $11 million in 2014 cap savings.
Howeva (as Stephen A. Smith might say), the Texans won't be able to go crazy in free agency with that cap savings. Even if they release Schaub in March, they don't get the cap relief until after Junes 1st. The cap relief would more likely go to extending current Texans. Like perhaps, J.J. Watt for instance.
Trading Schaub (like that would be a possibility) would cause the entire remaining bonus allocation ($10.5 million) to hit the 2014 cap. Since there's no way any team would trade for that ridiculous contract, it's a moot point.