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Re: Salary Cap Status 2024
Quote:
Originally Posted by Schneed10
OP updated to reflect OTC's data on the Biadasz contract. His cap hit is $4.15M in the first year.
He received a $13.5M signing bonus prorated over 5 years with the last two years of the deal voidable. This keeps the cap hit low in the first year.
His base salary in 2025 will be $6M and in 2026 will be $6.8M.
His cap hits in 2025 and 2026 will be $8.9M and $10.75M respectively.
This is effectively a two year deal. He can be cut in 2026 to save $2.6M in cap space, if the team feels it needs to do so. Or it can carry him for the 3rd year at the $10.75M cap number, which is a reasonable number.
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Great breakdown Scheed!
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