Quote Originally Posted by Anti-Polar Bear View Post
Terrible analogy. Unlike credit card instruments, “dead money” does not incur interest and it is neither a debt nor a cash flow. Dead money is merely an accounting item that denotes the premature termination of a contract with respect to the guaranteed portion of said contract.

Absence of contract restructuring, Wilson’s cap hits for the next two seasons, assuming he remained an Ass, would have been 35.4M and 55.4M, respectively. The Asses will actually receive cap relief next season for cutting Wilson this year. Not to mention, the recent termination allows the Waltons, owners of the Asses, to save money (and live better) - Wilson is owe 30-something frogskins this year, but the Waltons save $37M next year!
Thank you for confirming my post.