Please Register or Log in to Remove this Advertisement! Exactly. The Bears don't have to wait until June 1 to do the above (every team has the option to designate up to 2 players as a "June 1 release" even though they're cut before that date). IIRC, that portion of the dead cap hit pertaining to 2015 doesn't revert back to the team for use in 2014 until June 1st. Thus, in Peppers' case, the Bears would accrue $10m in additional cap space the day of his release and $4m more on June 1 for a total cap savings of $14m (all numbers approximate). If/when he's cut, it's almost certainly going to be via the June 1 Designation route. But he's UNDER CONTRACT and the Bears have no other starting DEs in that same position. So there's no urgency to do any of this until they have another DE on the roster.