Release Cut Costs

Players whose contracts have expired can be dropped at no cost to the team.  Players who are currently under contract can be released at a financial cost to the team as follows:

1 year remaining on current contract

50% of salary (against cap)

Cap penalty – current season

2 + years remaining on current contract

50% of 1^st year salary plus 25% of each additional year under contract (against cap)

Cap penalty – each applicable season