As the new league year nears and teams assess their needs for the coming season, there are always veteran players who are jettisoned to save cap space and make room for other guys who better fit teams' needs. Reports abound that the Atlanta Falcons will part ways with defensive tackle Paul Soliai when the new league year begins on March 9, and in this particular case, designating Soliai as a post-June 1 cut probably makes more sense for the team. That's a likely outcome.
But what does it mean for the Falcons if they designate Soliai as a post-June 1 cut? There are a few implications for the team.
Soliai has three years remaining on his five-year, $32 million contract, and though he played well last season, he was essentially a rotational player. Soliai spent just 361 snaps on the field last season, and according to OverTheCap.com, he's set to make over $6.8 million in 2016, which is less than only Matt Ryan and Julio Jones. If the Falcons were to part ways with Soliai prior to the start of the new league year on March 9 and without the post-June 1 designation, they would be on the hook for $4.2 million in guaranteed money and would see a cap savings of $2,637,500.
With a post-June 1 designation, though, that $4.2 million that Soliai is guaranteed to receive from the team is amortized over two seasons, lessening the dead money cap hit. As a post-June 1 cut, Soliai's dead money against the cap would be $1.4 million and the cap savings they would see this season would be $5,437,500.
Soliai did have a solid season in 2016, but with such a limited role and a big contract, retaining him doesn't make sense.
Paul Soliai leaves Atlanta getting paid $14 million for two seasons, playing 880 snaps. Nearly $16,000 per play.— Matt (@FalconsM5) February 21, 2016
Taking an excessive dead money hit doesn't make sense for the team, either. The post-June 1 designation makes parting ways with Soliai a little easier for Atlanta.
Teams can designate up to two players as post-June 1 cuts, and Tyson Jackson is another possibility for the designation. Jackson has not played up to his hefty contract, and if he remains in Atlanta this season, he'll carry a cap hit of $6.35 million. If the team were to cut him outright, they would see $4.8 million in dead money and a cap savings of just $1.55 million. As a post-June 1 designation, cutting Jackson would result in $1.6 million in dead money and $4.75 million in cap savings.