Agent's Take: Why post-June 1 designations play a significant role in helping teams manage salary cap
CBSN
Several clubs created valuable cap space by releasing veterans like Aaron Rodgers with post-June 1 designations
June 2 used to be a more consequential date in the NFL. It was the beginning of the final wave of free agency. Teams would primarily release players with excessive contracts or declining performance because the bonus proration from the remaining or future years is delayed until the following league year when a player is released after June 1.
In some years, over 20 players were released after June 1. Some of the big name players to hit the open market as June salary cap casualties included Hall of Famers Jerry Rice and Kurt Warner.
These free agents were at a disadvantage in the market place because most teams had already filled their needs through the NFL Draft by this time and salary cap space was at a premium. As a result, most of the released players couldn't get deals that would have reflected their market value if they had been available at an earlier date.
