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The NFL's June 1 Date and four ways it will impact the Eagles

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The NFL's June 1 Date and four ways it will impact the Eagles

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Glenn Erby 
 
June 1, 2022 2:20 pm ET
 

It’s not the official start of summer in the NFL, but June 1 is a huge date around the league and will likely play a factor in several players moving on, or teams taking a risk on a huge trade.

In NFL terminology, June 1 is the final day that teams see all future prorated money accelerate as "dead money” if a player is released.

Starting Thursday, June 2, any player who is released will only have his current season’s prorated money count against the salary cap and the rest will be deferred to 2023.

Teams like the Eagles and others around the NFL will also pick up salary cap space as any player designated a post-June 1 release earlier this year will move from the active roster to the dead money side of the books.

Here are four ways the June 1 date will and could impact the Eagles going forward.

Fletcher Cox's initial release

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Mandatory Credit: Geoff Burke-USA TODAY Sports

The Eagles shocked some people around NFL circles by risking the loss of defensive tackle Fletcher Cox after they released the 12-year veteran. Cox was re-signed on a $14 million deal and his initial release saves the club $5.3 million.

Cox will now count for over $15 million on the 2023 salary cap, something Howie Roseman must address.

Brandon Brooks officially retires

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Mandatory Credit: Bill Streicher-USA TODAY Sports

The massive right guard played like an all-time great at times, but injuries eventually took their toll on Brooks.

Brooks retiring saves the Eagles only $1.2 million in cap space.

Brooks was originally scheduled to count for $19,439,235 on the 2022 salary cap and Philadelphia would have been on the hook for more than $15,736,472 in dead money with an outright release and/or retirement prior to June 1.

With Brooks retiring that dead money gets spread out over two seasons ($5,939,235 in 2022, and $9,797,237 in 2023).

Trade time

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Mandatory Credit: Bill Streicher-USA TODAY Sports

Lots of trades happen after the June 1 date and a player to watch could be Eagles wide receiver Jalen Reagor, who could use a change of scenery.

Had the Eagles traded Reagor prior to June 1, they have a dead cap hit of $3,605,700 on their books in 2022. Now the move becomes half that figure ($1,802,850) and more importantly, it would count toward 2023.

Isaac Seumalo on borrowed time

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Mandatory Credit: Geoff Burke-USA TODAY Sports

A talented player when healthy, Seumalo offers the Eagles some salary cap relief, as Philadelphia has the top offensive line in football and would easily absorb his loss.

Cutting Seumalo after June 1 saves the Eagles $5,650,000.

https://theeagleswire.usatoday.com/lists/philadelphia-eagles-news-june-1-date-salary-cap-fletcher-cox-jalen-reagor-brandon-brooks/

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With the Amazon Thursday deal and the new network deals kicking in the cap will be going up more than the $10M pattern. That helps with the Cox dead money issue. 

I agree Seumalo will likely be gone. Howie needs the $'s to resign 1 or 2 of our 2023 free agents. 

  • CB Bradberry
  • S Epps and Harris
  • LB White and Edwards
  • DT Cox and Hargrave
  • DE Graham
  • TE JJAW
  • T Dillard
  • G Seumalo, Opeta, Clark
  • C Kelce
  • WR Ward, Pascal
  • RB Sanders and Scott
  • QB Minshew

Obviously Kelce, Cox, Graham JJAW, and Dillard won't be among those considered for an extension. 

My thoughts are that the priority for extensions is Hargrave, Bradberry, Opeta, Epps, and Pascal. The jury is still out on White and Scott. 

 

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1 minute ago, Rob331 said:

With the Amazon Thursday deal and the new network deals kicking in the cap will be going up more than the $10M pattern.

Season 5 Facepalm GIF by The Office - Find & Share on GIPHY

 

I hate this statement so much.  You act like these discussions are based on arbitrary numbers of the future cap.

2023 cap discussions are based on the projected cap of 225 million ( 17 million increase ).  These projections are rarely wrong, and they are very close if they are.

2024 cap discussions are based on the projected cap of 256 million ( 31 million increase ) ( new TV deals kicking in )

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19 hours ago, downundermike said:

Season 5 Facepalm GIF by The Office - Find & Share on GIPHY

 

I hate this statement so much.  You act like these discussions are based on arbitrary numbers of the future cap.

2023 cap discussions are based on the projected cap of 225 million ( 17 million increase ).  These projections are rarely wrong, and they are very close if they are.

2024 cap discussions are based on the projected cap of 256 million ( 31 million increase ) ( new TV deals kicking in )

DUM - thanks for the info about the projected caps. I hadn't seen those numbers. 

How come you hate the statement? Based on the information you provided it is correct ($10 v $17M) and it's relevant given the overall theme of the thread. 

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9 minutes ago, Rob331 said:

DUM - thanks for the info about the projected caps. I hadn't seen those numbers. 

How come you hate the statement? Based on the information you provided it is correct ($10 v $17M) and it's relevant given the overall theme of the thread. 

Because people keep saying "the cap is going up" like we are talking about the future cap situation without it increasing.

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