I'll repeat, because I have found this site to be very accurate. According to the "Spotrac" breakdown:

- Total guarantee as of March 2014 was $38M.
- An additional $10M guarantees in 3/2015.
- If they dump him before March, they are still on the hook next year for a $19.5M cap hit after a cap charge this year of $18.5M.

Assuming they cut him before the next guarantee and assuming the offset provision applies, it appears their cap hit = $19.5 - (2015 salary from whoever he signs with)