Technically, it (a signing bonus conversion) doesn't add to Cutler's cap hit, it prolongs it. Would add cap costs for him, and therefore potential dead money if he were released, in years 4 and 5 in return for reducing his cap charge this year. It's pretty clear that this is Emery's option-of-last-resort for 2o14 cap relief and he doesn't intend to deploy it. We cut Bush and Peppers without using the June 1 designation (surprised me) which would have given us millions more cap dollars in 2 1/2 months. Instead the team is going eat the dead cap all this year to get it off the books. Same thing with Cutler's deal. For all the carping about its 2014 number, it's a very front-loaded deal. Next year Jay's cap hit goes down $7m and is almost $12m less than Romo's. Seems clear that Emery is choosing to "take your cap medicine" all upfront this year and get it over with.