‘Let’s start with the numbers. The 29-year-old White is under contract for 2024 and 2025. His scheduled salary cap hit in 2024 is $16.443 million. White is due a roster bonus of $1.5 million on March 18, so that date serves as a deadline of sorts for Beane to make his decision. If White was released (or traded) before March 18, he would count $10.369 million against the 2024 cap in “dead money,” but the team would save $6.073 million in cap space. If Beane waited until after March 18 to release White, but did so before June 1, the cap savings would decrease to $4.573 million, while the dead money against the cap would increase to $11.869 million – making that an unlikely option.’
Archives for February 20, 2024
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‘In addition to the contracts voiding, each player’s cap charges will convert to dead money.’
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‘Once Beane does the work and gets the Bills under the eventual cap limit, the shopping might be delayed when free agency begins. Last season the Bills pulled off a few smaller free agent signing in guard Connor McGovern and receiver Deonte Harty during the first week. Most of Beane’s work happened during the second and third waves of free agency.’
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‘Hines, on the other hand, is still under contract with the team. The 27-year-old tore his ACL in an offseason jet ski accident and never played in 2023. The Bills will have a significant salary cap savings of close to $5 million in 2024 if he’s released this offseason. It’s hard to see them holding onto him at a $5.48 million salary cap price. A release or restructure at a lower salary cap are probably the two most likely outcomes.’