The Arizona Cardinals have used their post-June 1 designation, here is what that means.
The Arizona Cardinals made a move that everyone saw coming, but was just unfortunate in its timing with D.J. Humphries getting injured.
They cut D.J. Humphries with a post-June 1 designation, and that means... Well what does it mean?
Matt Warren of the mothership SB Nation has a long, long explainer out that I high recommend, linked here, but it will also be in the layout so you can go back and forth and try and understand what the hell it means.
Here are the cliff’s notes from Matt’s article:
- When an NFL player signs a new contract, many of them receive a signing bonus. To offset this potentially massive one-time cost, the NFL allows teams to prorate, or evenly distribute, the signing bonus over as many as five seasons.
- In the NFL’s accounting rules, any move involving dead cap that happens after June 1 is split into two seasons.
- Instead of actually waiting until June 2 to make the release official, the NFL allows you to designate the move ahead of time. In March at the start of the league year, you can release that player, then carry their existing cap hit until June 2.
- Each team is allowed two of these designations per year
Tomorrow, we will look at D.J. Humprhies post-June 1 designation and how much money the Arizona Cardinals are saving over the next two seasons.