It’s been just over a week since the Seattle Seahawks knocked off the Denver Broncos in a season opening win on Monday Night Football that ruined the Denver debut of both Nate Hackett and Russell...
, with the Dead Money & Cap Savings selector set to a pre-June 1 release .
It’s certainly true that releasing Adams with a post-June 1 designation would decrease his 2023 dead money to $7.11M, but that’s only because the remaining $14.22M is pushed into 2024. The full amount of the $21.33M of dead money must be recognized against the cap, so it’s simply a matter of the timing, which is all a post-June 1 designation does. In short, here’s how that $21.
In any case, the above discussion is not a complete evaluation of the situation for a couple of reasons. Specifically, the guarantees that were included in the contract. The tables above laying out the contract certainly show that there is no more Guaranteed Salary after the 2022 season, but that’s only because there is not any guaranteed salary,specifics of the contract as reported by ProFootballTalk in the wake of the deal being signed5. 2023 base salary: $11 million, $2.
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