The Browns plan on retaining Austin Hooper despite franchising David Njoku. Hooper’s contract has some interesting financial particulars. As is, the tight end costs $13.25 million against the cap in 2022, the fourth largest on the team. If he is cut with a “June 1st designation,” the team saves $9.5 million this year against the cap but he will cost $7.5 million next year and $3.75 the year after that.
If Hooper is cut before the 2023 season, he’d cost $3.75 million that year and another $3.75 the year after that. In either scenario, Hooper will cost the team $20.25 million in cap space over the next three years. Trading him before June 1st would save the team about $2 million over the span of the deal but trading him after that date would save them $9 million in cap space, mostly in 2022. Harrison Bryant is still on the roster as well.
Jets Global
If Hooper is cut before the 2023 season, he’d cost $3.75 million that year and another $3.75 the year after that. In either scenario, Hooper will cost the team $20.25 million in cap space over the next three years. Trading him before June 1st would save the team about $2 million over the span of the deal but trading him after that date would save them $9 million in cap space, mostly in 2022. Harrison Bryant is still on the roster as well.
Jets Global