Gurleys cap hit?

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Elmgrovegnome

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Can someone please explain?
All that he is owed is remaining guaranteed money and that all goes against this years cap?
 

oldnotdead

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Gurley's cap hit is being spread over two years as what is called a post June 1 release. So his deadcap is carried this year and next year at about $8.8M per year. It's why the Rams can extend Jalen because Cooks' deadcap of $21M will be off the books next year allowing them to fit Jalen's contract into the cap. Releasing Whitworth and Havenstein will free up additional cap space. Only two players are allowed to have their contracts be carried in this manner after release. Next year if they release Whitworth and Havenstein then only Whitworth's contract dead money will be spread over two years due to Gurley's money already being on the books in that manner.

In 2022 Gurley's money will be off the books adding $8.8M back into the cap. That's why I've been saying that the Rams will have the ability to simply kick the can down the road a year on these extension structures as the money will be there with roll over, cap increases and as dead cap is cleared.
 

oldnotdead

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Remember Gurley wasn't traded he was released so the guaranteed money is the Ram's obligation not his new team.
 

OldSchool

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Can someone please explain?
All that he is owed is remaining guaranteed money and that all goes against this years cap?
That is correct, his remaining guaranteed money plus whatever portions of his signing bonus weren’t accounted for already. Same with Cooks, these huge numbers are why some were hoping they’d be cut after this season to lessen that.
 

Elmgrovegnome

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That is correct, his remaining guaranteed money plus whatever portions of his signing bonus weren’t accounted for already. Same with Cooks, these huge numbers are why some were hoping they’d be cut after this season to lessen that.

One report said it carries over to next year also. Was that correct?

But Cooks was traded so he’s off the books?
 

OldSchool

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One report said it carries over to next year also. Was that correct?

But Cooks was traded so he’s off the books?
Cooks we still have to account for his prorated signing bonus. Houston is on the hook for the rest of his contract but we have to pay that signing bonus.

For Gurley if they made it a post ?June cut maybe some of it could go to next year? otrac does say we take an 8.4 million hit next year so maybe thats the case.