So if this happens, I'm guessing Michael Thomas is gone next year. Can't see the team paying two wideouts premium dollars.
But after the last two seasons the team may be ready to move on anyway. Thomas has close to a $24.7M dollar cap number next year, so even with the $22.7M in dead money he'd leave behind they'll still save $2M against the cap releasing or trading him pre-June 1, and that would jump to $15.8M in cap space if they release or trade him after June 1.