It wasn't long ago that June 1 was a dreaded day for high-salaried NFL veterans. Teams could cut players after that date, and only that year's prorated share of the contract's signing bonus would count against the salary cap until the following year.
Once the players were cut, a valuable secondary free agent market would open. Let go by Minnesota in 1995, running back Terry Allen set Washington's season rushing record a year later. Defensive end Marco Coleman and fullback Larry Centers, June 1 cuts in 1999, were key cogs in the Redskins' surprising NFC East title that season.
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Few salary cuts expected today