An important date on the NFL calendar for the Indianapolis Colts and the rest of the league is upon us — June 1st.
After this date, any veteran roster cuts that take place have the potential to provide additional salary cap savings for a team.
If a player is released prior to that date, the full dead cap amount from the contract must remain on the current year’s salary cap.
However, when a player is released after June 1st, the dead cap from the deal can be spread out over the 2026 and 2027 seasons, thus resulting in greater cap savings for this season.
Teams do have the ability to release a player prior to June 1st with a post-June 1st designation, allowing that player to catch on with a new team sooner, while the current team can still reap the additional cap savings once that date has passed.
Could the Colts release any veterans post-June 1st?
Barring a major surprise, there doesn’t seem to be any Colts’ veterans whose roster spots are in jeopardy — or at least not any players that would leave behind significant salary cap savings for the Colts.
Perhaps most notable, as a cut candidate, is cornerback Jaylon Jones, who finds himself at a crowded position group. Moving on from Jones would create $3.67 million in cap savings for the Colts, according to Over the Cap.
For a breakdown of the Colts’ current salary cap situation, you can find that here.
This article originally appeared on Colts Wire: Important salary cap date approaches for Colts and rest of NFL
Reporting by Paul Bretl, Colts Wire / Colts Wire
USA TODAY Network via Reuters Connect
