He's under contract for one more year with a $10M salary and an overall cap number of close to $18M (and another $9.7M in dead money for void years in 2026 & 2027) but none of his salary is guaranteed. I could see this going a few different ways, depending on what the new staff wants to do, similar to the Derek Carr situation.
- Option 1, do nothing, playout the season. He'd count about $18M this year, and assuming he wasn't resigned would count $9.7 against the cap in 2026. (With their cap situation, this is probably the most unlikely scenario.)
- Option 2, create cap space by converting salary to bonus. They could probably get his cap number down to about $10M for 2025, but absent an extension that would leave about $17.7M in dead money to hit in 2026.
- Option 3, cut him pre June 1. He'd count $17.7M in dead money in 2025, but that would actually create a small cap savings ($277K).
- Option 4, cut him post June 1. He'd still count close to $8M in dead money but would save $10M against the cap for 2025, and then would carry about $9.7M in dead money in 2026.
I would expect option 2 is most likely, but we'll see -- a lot will depend on how he and the team view his recovery.