I don't really understand the whole June 1st designations and how it greatly alters the cap space hit on dead money? Is the money spread throughout the next year? So the dead money doesn't really change, it is just moved to another year and you put off the hit? Or does it actually save money off the cap altogether by using this designation. For example cutting Wheeler wasn't suppose to save any money but $250,000 but somehow the June 1st designation saved us 3 million off the cap instead of a measily quarter million...

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche

In a nutshell:

When you cut a guy the remaining portion of his upfront money (the portion of his guaranteed money you gave him upfront so its impact could be spread over the life of the contract) is accelerated to the year you cut him.

So if you cut a guy in year 3 of a 5 year deal you have the prorated portion of the upfront money for years 3, 4 and 5 all accounted for in year 3.

If you wait until june 1st to cut the player, you can split that accelerated money over two years instead of just the current year.

This makes it easier to cut players and manage your roster from a team standpoint. But they realized after the fact that they were screwing veteran players by forcing teams to cut them in June when most teams have spent their cap space on free agents already.

To level the playing field, each team was allotted 2 designated June 1st cuts. That is to say that you can cut a veteran player in March and have it count as a June 1st cut so you can spread out the cap hit over two years but the player gets on the open market when there is the most money available to free agents.

Thanks for the explanation Truth.. So basically the full dead money is still there it just pushes a portion of it off till the next year.. So it isn't really a savings so to speak... Only a savings that year and an increase the following year...

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All things are subject to interpretation whichever interpretation prevails at a given time is a function of power and not truth.
Nietzsche

Crowder52 Wrote:
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> Thanks for the explanation Truth.. So basically
> the full dead money is still there it just pushes
> a portion of it off till the next year.. So it
> isn't really a savings so to speak... Only a
> savings that year and an increase the following
> year...


Right.

I'm not sure if its a 50/50 split between this year and next or if there are variations on what you can push to the following year, but eventually yo have to pay the entire credit card bill.