Thread: Chiefs Gas on the Fire: Shutdown Corner Gives Chiefs "F" in FA.
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Old 04-06-2014, 11:11 PM   #503
duncan_idaho duncan_idaho is offline
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Quote:
Originally Posted by chiefzilla1501 View Post
Cap hit to cut in year 4 is $6M. It's a $15M signing bonus prorated by $3M over 5 years. $15M to cut in year 1, $12M in year 2, $9M in year 3, $6M in year 4.
If you cut after June 1, they are charged the regular prorated cap amount for that year, and the remainder for the following year.
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