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Post by Philadelphia Eagles on Sept 26, 2023 12:26:12 GMT -5
Phi waives the following:
Elijah Holyfield - 1 yr left, $1M, paid 176,470.59 already, 823,529.41 remains. 75% hit of $617,647.06. Savings of $205,882.35
Travis Fulgham - exact same as Holyfield. Chris Streveler - $660k 1 yr. Paid $116,470.59 already. Owed $543,529.41. 75% cap hit of $407,647.06. Savings of $135,882.35
Tre Norwood - 2 yrs remaining @940k and $1,055,000 respectively. Total bonus of $47,220 (even split on both years). Base paid off $165,882.35. Base owed off $774,117.65. 75% cap hit on yr 1 base ($580,588.24) + bonus $47,220 + 50% cap hit on yr 2 base ($527,500) = cap hit of $1,155,308.24. The $527,500 portion hits in year 2, I think. Total Cap savings of $721,029.41.
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Post by Houston Texans on Sept 28, 2023 16:25:44 GMT -5
Dead money Holyfield - 6 games checks 352,944 paid.... 75% of 647,056 = 485,292//// DEAD MONEY - 838,236 Fulgham - 6 games checks 352,944 paid.... 75% of 647,056 = 485,292//// DEAD MONEY - 838,236 Streveler - 6 games checks 232,944 paid... 75% of 427,056 = 320,292/// DEAD MONEY - 553,236 Norwood - 6 games checks 331,764 paid... 75% of 608,236 = 456,177.... signing bonus = 47,220/// DEAD MONEY - 835,161 50% of 1,055,000//// DEAD MONEY 527,500
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