On Thursday afternoon, the Philadelphia Eagles released six-time Pro Bowler and franchise mainstay, Fletcher Cox after 10 seasons with the team.
Cox was released by the #Eagles with a post-June 1 designation.
At 4p.m. on Thursday, Cox’s $18 million salary would have become fully guaranteed.
The team had reportedly been working to trade the former 12th overall pick and re-doing his contract with a lower cap number likely makes it easier to deal him.
According to OverTheCap, by designating Cox as a post-June 1st cut, the Eagles will save $2 million in cap space and they’re now saddled with $12 million in dead money. A regular release would’ve attached a $40 million dead cap hit to the team.
The team and Cox’s representatives are reportedly working towards a reunion that would bring him back to Philadelphia at a lower cap number.
In terms of the impact this will have, as stated, there is the element of a potential trade which would skyrocket interior defensive line atop of the Eagles needs as the second wave of free agency gets underway and the draft looms.
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