Kyler Murray and the Arizona Cardinals officially went their separate ways with a post June-1 designated release at the start of the new league year.
The move spaces out the dead money — which is bonus or guaranteed money left over — associated with cutting the former franchise quarterback, while also freeing up additional cap space in 2026.
The Cardinals, however, won’t be able to use that freed up cap space until June 2 due to the designation. If anything, it will provide added wiggle room if injuries pop up and/or backend depth is needed later on.
Release with post-June 1 designation
2026: $5.1 million in cap savings, $47.5 million in dead money
2027: $7.2 million in dead money
Release with pre-June 1 designation
2026: $2 million less cap space if he had a pre-June 1 designation, $54.7 million in dead money
Heading into the offseason, Murray’s outright release was the most likely avenue. It was also the worst-case scenario for Arizona in moving off the quarterback.
But the Cardinals facilitating a trade for the signal caller — even if they agreed to take on more of the dead money in any deal — seemed like a pipe dream.
Given the optics that a split was imminent, why would a team willingly sign up to give up assets and take on the rest of Murray’s contract when it could just wait for the new league year and have a chance to sign the quarterback on a one-year prove-it deal worth the veteran minimum ($1.3 million)?
His release was bound to happen, and now teams like the Minnesota Vikings are in hot pursuit of the veteran quarterback.