this post was submitted on 22 Nov 2023
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I’ve seen about 100 different Reddit comments saying that the Colts save 6.1 million by cutting Leonard.
But I saw some cap people say they only save that 6.1 million if Leonard is claimed on waivers (which seems very unlikely to me). If he’s not claimed, Colts don’t save any money.
So which is it? Are the Colts saving 6.1 million flat out or only in the unlikely event he’s claimed? Anyone have reliable info on this?
We will still have to pay him for the remainder of this season, but next season is where we actually start saving money, even with his dead cap amount. So, basically he got released a few months earlier than expected.
Now, if a team actually claimed him, the colts would save that 6.1M, since another team would be taking on the remaining contract, which no one is going to do. We literally made him the highest paid LB in 2021, and he is an absolute shell of himself. A contender might go after him after he clears waivers, but I really am not sure he sticks on a team. My best guess would be that the Cowboys grab him to try to fill in for Vander Esch. Our defense and theirs is very similar, so he could get some snaps right away.