Tre White A Post June 1st Cut, According to Schefter

[par73]

No surprise.

[davefan66]

What the heck.

 

Defensive backfield.  Gone.

 

Love the guy!

[LABILLBACKER]

Purge Wednesday....I like it.

[Steptide]

I'm gonna pass out. You guys wanted talking points... 😅

[vtnatefootball11]

Wait, why post June 1? Wasn't he due a roster bonus if still on the team next week?

[Nephilim17]

Spotrac on White's post-June 1 cut:

2024 Dead Cap: $6,234,918
2025 Dead Cap: $4,134,918
2024 Cap Savings: $10,208,819

[Beast]

Probably my favorite Bill over the past 20 something seasons but it had to happen.

 

I’ll always love the guy.

[CaptnCoke11]

So that savings won’t be available until June 1

[Ed_Formerly_of_Roch]

If they had cut him now would the cap hit have been the full $10 mil this year?   But they do get to take the full $10M saving this year?

[BarleyNY]

2 minutes ago, vtnatefootball11 said:

Wait, why post June 1? Wasn't he due a roster bonus if still on the team next week?

Yes. The team does not pay that or any other non-guaranteed money. 

Just now, Ed_Formerly_of_Roch said:

If they had cut him now would the cap hit have been the full $10 mil this year?   But they do get to take the full $10M saving this year?

The contract sits on the books as if he was still on the team until 6/1. The only difference is that the team is not obligated to pay work out bonuses, roster bonuses, etc.

[Matt_In_NH]

10 minutes ago, Nephilim17 said:

Spotrac on White's post-June 1 cut:

2024 Dead Cap: $6,234,918
2025 Dead Cap: $4,134,918
2024 Cap Savings: $10,208,819

In addition, it frees up some cap in 2025 because his salary was 10.5M so saves like 6.5M if he stayed on the team next year.

[Ed_Formerly_of_Roch]

6 minutes ago, BarleyNY said:

Yes. The team does not pay that or any other non-guaranteed money. 

The contract sits on the books as if he was still on the team until 6/1. The only difference is that the team is not obligated to pay work out bonuses, roster bonuses, etc.

 

so if not paying for these things it in turn lowers the amount over the cap?

[Big Turk]

Are they allowed to release a player that is still injured? I thought you had to do an injury settlement.

[BarleyNY]

2 minutes ago, Ed_Formerly_of_Roch said:

 

so if not paying for these things it in turn lowers the amount over the cap?

They would not pay for them if they released him without the post 6/1 designation either. I was just clarifying that even though his contract is carried on the books as if he is here until 6/1, the Bills don’t owe him any of that money. 

[Buffalo03]

Well now the ones that wanted him gone so badly can be happy. Go ahead and celebrate at the Casino tonight and brag. Have fun

[CheshireCT]

It's sad, such a great player with a great spirit who gets double bad luck on the injury front....life is truly not fair sometimes.

[rajinka]

6 minutes ago, CheshireCT said:

It's sad, such a great player with a great spirit who gets double bad luck on the injury front....life is truly not fair sometimes.

Eh he made millions of dollars playing a kids game.  

[HappyDays]

I am glad we released him but I don't understand the post-6/1 designation. We could have taken a $10.3M dead cap hit this year and saved $6M right a away, with no ramifications in 2025. Instead we take a $6.2M dead cap hit this year AND a $4.1M dead cap hit in 2025. And we don't really get to use his savings this year until after FA is over.

 

I wonder what the thought process was here?

 

Edited March 6, 2024 by HappyDays

[Art in PNS]

So the post June savings will be our emergency/ working fund for 2024 plus free agents after camp cuts 

[Pine Barrens Mafia]

Loved the guy, but he was done. He HAD to go.

 

Good on Beane.