If the New York Jets cut Laken Tomlinson after June 1, they can save $13 million against the salary cap. If they cut him on or before June 1, they save only $8.1 million.
How on earth does that work? Why does the date of the release make so much of a difference, and where do those numbers come from?
Today, we unpack the elusive June 1 date, how it affects releases and trades, and what it means for the salary cap.
- Part 1: Basic contract structure
- Part 2: Contract restructures
- Part 3: Trades
- Part 4: Franchise tag
- Part 5: Compensatory picks
June 1
The NFL designates June 1 as the cutoff date for all dead money on a contract to accelerate onto the current league year.