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Williams Expected to be Cut
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(03-10-2024, 12:21 AM)flgatorsandjags Wrote:(03-09-2024, 11:06 PM)TheDuke007 Wrote: I'm sorry, but you are actually the one who doesn't understand the salary cap and Scherff's contract. The 9 million figure you are quoting is AFTER factoring the dead cap. His salary cap for this year is $24 million. If we cut him pre-June first, it gets lowered to $15 million (aka "dead cap"). That is $9 million in additional salary cap space. However, that's not all. The $15 million in dead cap figure you are citing includes accelerating $7.5 million from next year's cap to this year's cap. In other words, we would save an additional $7.5 million next year over what we would otherwise pay. It IS a total of $16.5 million in savings over the two years. Alternatively, the Jags could opt to designate him a post-June 1st cut. If we do that, we enjoy the entire $16.5 million in 2024, but no savings in 2025. To summarize, if we cut him, we have two options: And that saves you the $15 million he was to be paid this year, which is the money we saved not paying Williams this year. When they book the dead cap is immaterial to that as both I and Duke are telling you. Eat it now or eart it later, they're eating that. “An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato
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