- May 8, 2003
- Reaction score
- Orlando, Florida
This is also correct . . . even if you designate the player as a post June 1st cut . . . there is no immediate benefit for the team until June 1st. What it does is give the player, who you plan on cutting, the opportunity to get on with another team when free agency begins. You will still hold that cap hit until that June 1st date though.
So yea, you aren't getting 9.4 million in space tomorrow if you designate Parker a June first cut today. Teams will still need to get under the cap, and then when that date comes they get relief. Teams in a tight situation may decide to postpone signing draft picks until then as a way to keep under the cap knowing relief is coming.
Long time no see Kdawg.