It’s not the official start of summer in the NFL, but June 1 is a huge date around the league and will likely play a factor in several players moving on, or teams taking a risk on a huge trade.
In NFL terminology, June 1 is the final day that teams see all future prorated money accelerate as “dead money” if a player is released.
Starting Thursday, June 2, any player who is released will only have his current season’s prorated money count against the salary cap and the rest will be deferred to 2023.