The move frees up an additional $2M+ in cap space and imposes a $1.5M dead cap charge.
https://twitter.com/RomeovilleKid/st...70135414267906
Quote:
Colts say they’ve cut Nick Foles.
He was scheduled to make $3.6 million in 2023.
He receives $1.5 million in guaranteed money, which is the dead cap hit against Indy.
The move creates $2.1 million in cap space.
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