Quote:
Originally Posted by MTK
If he retires his full cap hit comes due, same as if you cut him
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Overthecap has this blurb
Alex Smith was traded to the Redskins on March 14, 2018. Smith signed a four year contract extension with the Redskins on March 16, 2018 worth $94 million in new money. Per Albert Breer, Smith*will receive a $27 million signing bonus*and $55 million is guaranteed at signing. If on the roster on the 5th day of the 2019 league year, Smith's 2020 $16 million salary will also become fully guaranteed.
And if he is designated post jun 1 then the numbers look like this
2019 hit
Hit $20,400,000
Cap savings $0
2020
Hit $5,400,000
Cap savings $16,000,000
Not awful really