His current cap hit is $10.758M
— Greg Cover 1 🏈 (@GregTompsett) June 4, 2023
Let’s say they give him a $15M signing bonus as part of the new deal, but reduce his salary to the league minimum $1M
That’s now $16M cash this year vs the $10.758M he was going to get (win for Oliver)
A $15M signing bonus is prorate as $3M per…