Originally Posted by 76Texan
Let's say we cut Schaub, and spread the dead money over 3 years with the June 1st designation; his cap space of 14.5 is replaced by 3.5 in dead money on 2014.
Just to clarify the June 1st designation - it allows you to take 1 year prorated bonus into the current year's cap putting off the rest to the next season's cap. In Schaub's case, that is 3.5 in 2014 and 7.0 in 2015. You can't spread over 3 years.
My personal opinion is we need to eat all of the bad contracts in 2014. Screw creating more "debt" in 2015. We will not be competing for a Superbowl next season anyways - why not clear room for Watt's contract and have enough to sign a few FAs to plug holes?
This team IS cap strapped. It may be slowly correcting itself but if you HAVE to cut, restructure or extend contracts to resign/sign players then you are strapped. We have lost solid players to this in the past and our depth has turned to dust as a result. We haven't hit on enough draft picks to fill in the holes it's created and "poof" 2-7.