With no trade partners for a perennial Pro Bowl corner and little money under the cap, the Eagles are releasing Darius Slay. How much will they save? Check the date.
Thanks to over $9 million in bonus clauses, Slay carried a cap hit of over $26 million for 2023, more than any player on the roster. But with some fancy bookkeeping, the team can get most of that money back.
Releasing Slay in March still leaves Philadelphia with over $22 million in dead money, saving them less than $4 million against next year’s cap. But if the team designates Slay as a post-June 1 cut, it can save over $17 million against the cap with less than $9 million in dead cap money.