No, it would not; MIA is still on the hook for the prorated signing bonus. The new team would only take on his (guaranteed) annual salary for the remaining years.
Ok, it's around $70M off the books. That's still a lot of money.
First off, you have to start with the assumption that the GM will make impactful selections with first-round picks, because if that doesn't happen, none of the rest of this stuff matters
Agreed, as I said losing that 1st round pick really hurts.
Second, first-round picks are able to contribute at a discounted rate for up to 5 years, making them much more valuable than one down year in 2026. That first-round pick can be a foundational player that contributes for years to come... especially if the team is bad in 2026 and it's an early pick.
Hmmmm...they didn't mention if they were talking about 2026 pick or 2027 pick. I guess that would make a difference. I was basing my decision based on the 2026 1st round pick, not a potential 2027 pick. It's still not saving you $70M unless maybe it's the #1 pick in the draft.
And third, the entire idea of "cap hell" being an insurmountable barrier to competitive play is overblown. We saw this in DEN, where the Broncos cut Russell Wilson after 2023 and ate his huge contract, yet still made the playoffs in 2024, then clinched the #1 seed in 2025 with Russell Wilson as the team's highest paid player.
Agreed. The situation isn't insurmountable, I'm just asking the question which do you prefer. That 1st round pick or removing that $70M albatross from your cap. It's not a slam dunk, but I would have to consider it especially if it's our 2026 pick and not 2027 1st round pick. Consider with that $70M gone you could easily go ofter Malik. Would you rather have Malik than our 2026 pick? I would definitely have to consider that.