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Salary cap impact of Jaguars releasing Gabe Davis with post-June 1st designation

Salary cap impact of Jaguars releasing Gabe Davis with post-June 1st designation

Yahoo6 hours ago

The Jacksonville Jaguars announced on Wednesday that they were releasing wide receiver Gabe Davis, and on Thursday afternoon, that move became official.
Davis was waived with failed physical and post-June 1st designations, according to Aaron Wilson. As it pertains to the post-June 1st designations, that does come with some noteworthy salary cap ramifications for both 2025 and 2026.
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Last offseason, Davis signed a three-year, $39 million deal with $24 million guaranteed. By releasing Davis at this point, the Jaguars are taking on a hefty amount of dead cap--which are dollars that have been paid to the player but not yet accounted for on the salary cap--of $20.3 million.
The decision that the Jaguars had was to either absorb that full $20.3 million in dead cap on the 2025 salary cap, but be out from under Davis' deal in 2026, or use the post-June 1st designation to spread the dead cap hit out.
By choosing the latter, Davis will leave behind a dead cap hit of $5.7 million in 2025, but also a $14.6 million dead cap hit in 2026, according to Over the Cap.
So even though Davis will be playing elsewhere, he will still be on the Jaguars' salary cap books for each of those amounts over the next two seasons.
This article originally appeared on Jaguars Wire: Salary cap impact of releasing Gabe Davis with post-June 1st designation

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Salary cap impact of Jaguars releasing Gabe Davis with post-June 1st designation
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The Jacksonville Jaguars announced on Wednesday that they were releasing wide receiver Gabe Davis, and on Thursday afternoon, that move became official. Davis was waived with failed physical and post-June 1st designations, according to Aaron Wilson. As it pertains to the post-June 1st designations, that does come with some noteworthy salary cap ramifications for both 2025 and 2026. Advertisement Last offseason, Davis signed a three-year, $39 million deal with $24 million guaranteed. By releasing Davis at this point, the Jaguars are taking on a hefty amount of dead cap--which are dollars that have been paid to the player but not yet accounted for on the salary cap--of $20.3 million. The decision that the Jaguars had was to either absorb that full $20.3 million in dead cap on the 2025 salary cap, but be out from under Davis' deal in 2026, or use the post-June 1st designation to spread the dead cap hit out. By choosing the latter, Davis will leave behind a dead cap hit of $5.7 million in 2025, but also a $14.6 million dead cap hit in 2026, according to Over the Cap. So even though Davis will be playing elsewhere, he will still be on the Jaguars' salary cap books for each of those amounts over the next two seasons. This article originally appeared on Jaguars Wire: Salary cap impact of releasing Gabe Davis with post-June 1st designation

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