You would have to carry a full 50mil hit until June 1st then he would count 21.5mil this year and we would save 30mil. 30 mil that you can't spend until summer when the money is already spent. We can save that 30mil now with a restructure.
The real savings in the June 1st deal would be next year. Next year he would only count 11.5 with the June 1st deal. What we will likely do is a restructure which saves us the 30mil now. Then we have the option of making him a regular cut next year for like....right now it would be 28mil on a regular cut next year but I think with the restructure it might be 35. But our cap situation should be better next year. It'll be a lot easier to eat 35 next year than 50 this year.