What happens when a player is released or traded after June 2nd?

When a player is released or traded after June 2nd, the salary guarantees do not accelerate against the salary cap. This means that the team's salary cap will not be adversely affected by the acceleration of guaranteed money in the current year's cap space. Typically, the cap hit would be spread out over the remaining years of the player's contract, allowing the team more flexibility in managing their cap situation.

This rule is particularly important for NFL teams as it gives them strategic options regarding roster management, especially during the off-season when teams are finalizing their budgets and constructing their rosters. The timing of a player's release or trade can significantly influence how teams can allocate their salary cap space both in the current year and in the future.