Salary Cap Status Update

[CrazyCanuck]

Originally Posted by GTripp0012

I disagree. If we put the 3 million into dead cap for this season on Lloyd, it takes him off the books entirely for the remaining 4 years of his deal. That would be the most beneficial way to deal with him.

There are 2 ways to cut Lloyd:

1. Cut him right away. This would give us a deadcap hit of $7.2M for 2008.

2. Cut him post June 2008. This would give us a deadcap hit of $1.8M in 2008 and a deadcap hit of $5.3M in 2009. The net savings to our 2008 cap would be $2.4M.

After further review I think a post June 2008 cut probably makes the most sense. The big reason is that Lloyd is due a $1.8M roster bonus in 2008 and I can't see Mr. Snyder cutting that check. So if I had to guess I'd say the Skins cut Lloyd soon and designate him a June release.