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MAQB: Why June 1 Could Be a Significant Date In a Potential Julio Jones Deal

Julio Jones is still a Falcon. For now …

• You’ve heard about June 1 a lot—and in some cases, the date is treated as one in which a team can bail itself out of cap jail. And that’s true, but only to a certain degree, and that’s why I figured on this May 31 it’d be good to explain how this all works. And to do it, let’s say, for simplicity's sake, we have a player that signed a four-year, $40 million deal last year with a $20 million signing bonus and $5 million base salaries in each year.