Dead cap hits

-$1M for being on the roster this season (5th day). -$1.5M prorated signing bonus .His signing bonus was $2.25M in 2018, but cap hit should have been $750k per season in each of the 3 seasons of his contract. But when you get cut, you take the cap hit on the remaining signing bonus immediately, so 2 seasons remaining of $750k is $1.5M.

Think of signing bonus as a loan that the team takes to pay the player (signing bonus) and are required to make payments (cap hit) over the course of the contract (number of years). If the player gets cut, the loan gets called, and the remaining balance (payment multiplied by # of years left on contract) are due immediately (dead cap hit)

Total dead cap: $2.5M

The cap number was $4.8M if he played this season. This results in a savings of $2.3M.

Source: overthecap.com