There's no significance to June 1st this year with the expiring CBA.
But yeah, the teams are going to have to cut or restructure, but not until they are ready to actually ink the draft picks, which probably won't be until mid- to late-July for most teams.
What I can't understand re: the Texans cap is how they apparently lost another $2 million or so in cap room from the last report with no reported moves I haven't already accounted for. Something is either wrong or unreported.
With this possibly being the last cap year, it makes no sense to try to accelerate cap hits with the extra space for this year (since they are already above the floor), so I'm a bit lost at the moment. Hopefully this will get resolved in the next month or two.
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