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What they;ll do in 'real life' is look for players who have a high cap hit, but low actual salary. Their payroll doesn't take a huge hit, but they get to the Cap floor.
It's usually veterans at the end of their viability in the league. Their old team is eager to get rid of them to reclaim that cap space for more useful players. They'll often even throw in a prospect or draft pick, or retain salary.
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When you let your 10 year old name the team
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