You answered my question. You're saying Noteboom IMPACTS this year's cap $10 million dollars, even if he's cut post-June 1st.
*My* understanding.. is that $5 million dollar bonus *is the actual $5 million in dead money*.
If I'm wrong, I'm wrong.. but I can't see anywhere that Noteboom will have a $10 million cap hit in 24 if he's cut with a post-June 1 designation.
And.. I'm good with kicking the can down the road. As I said.. with the cap growing, the percentage is lower.. and it's also just not that big of a deal.
I dont know how this doesnt make sense at this point other than being argumentative.
10 mill cap hit in 2024 is correct. 5 mill of restructure dead money + 5 mill of roster bonus
The explanation follows, the answers are right there.
Maybe have someone read it to you
Bonus is NOT dead money
I'll just copy and paste what I took the time to try and explain
There is 15 mill of dead money from his ‘23 restructuring.
5 mill per year of dead money.
5 mill in ‘24
5 mill in ‘25*
5 mill in ‘26*
* 2025 & 2026 are void years and when contract voids, dead cap accelerates
So as it stands there is 10 mill of dead money in 2025
If he is cut or traded, ALL of his dead money accelerates, so if cut prior to June 1, 15 mill hits cap immediately.
After June 1, 5 mill in ‘24 and 10 mill in ‘25
His dead cap, as previously explained is 15 million.
One problem that people seem to miss is that there is dead cap and total cap.
On 3/18 he gets a 5 mill bonus which directly affects the current cap, his dead cap is not affected either way, it's a different line item.
The other problem that people misunderstand is that dead cap comparisons are based on a player being cut or traded and dont consider the future cap implications if the player stays with the team
There are 4 options
1) Keep Noteboom, his 2024 cap hit is 20 million. 5 mill bonus, 10 mill salary, 5 mill restructure dead cap. In 2025 the Rams get a 10 mill dead cap hit for restructure. Total cap 30 mill
2) Cut/trade Noteboom prior to 3/18, 15 mill dead cap hit
3) Cut/trade Noteboom after 3/18, Prior to 7/1, 5 mill bonus + 15 mill restructure acceleration. total 20 mill cap hit
4) Cut/trade Noteboom after 7/1, 5 mill bonus + 5 mill restructure acceleration. total 10 mill cap hit in '24. additional 10 mill cap hit in '25. Total 20 mill
So, it costs the Rams 5 mill of cap space to cut/trade him after 3/18