Seahawks will see cap space open up Thursday. But don’t expect them to put that newfound cap space to use because it’s effectively already spent.
The void year simply means that those were fake years in the contract under which neither Dunlap nor the team had any intention of being real. Now, with the way things played out with Dunlap in Seattle, here is how the $7M signing bonus will wind up being amortized against the cap on a year by year basis.
Now, before fans start getting too excited about how the Hawks might go about spending that space, it’s important to keep in mind that the team has yet to sign any of its top three draft picks. So, while the Seahawks will see $5.1M free up on Thursday, sometime in the coming weeks the team will need to sign Charles Cross, Boye Mafe and Ken Walker III.
What it all means is that while the Seahawks will see their cap space increase Thursday, that money is effectively already spent, so it’s unlikely the team makes any splash signings at this point. Fans obviously can never rule anything out with Pete Carroll and John Schneider in charge, however, from a cap perspective it seems unlikely.
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