You save one million cutting him and the structure doesn’t allow a straight June 1st cut.
There’s no point. Better to ask him to take a pay cut, which is actually something he’d probably do given he isn’t pulling a big contract in FA if he’s released.
He and Jordan both need to take pay cuts. And if they don’t, using June 1st cuts just screws up 2026.
Keep in mind that, in addition to his $10m guaranteed roster bonus, his $30m salary becomes fully guaranteed on the third day of the league year. He wouldn't budge on his contract for the Raiders, I don't expect him to do it for us either.
His agent has to know how much work it will take for us to get under the cap if we want to move on, which is even more leverage for Carr. I would be very impressed if Loomis could negotiate a clean cut in 2025 pay (no extensions) given the circumstances.