Quote Originally Posted by Pookie View Post
...actually, if he is released prior to July 1st, his salary won't count against the cap. He'll get his money as it is guaranteed but the club wouldn't eat a cap hit too.

After July 1st, well we're screwed.

(A) WAIVERS
Teams may waive players based on performance at any time during the MLS season. Players on guaranteed contracts waived on or after July 1 of any year, however, will continue to have their salary budget count against the team's salary budget and the team waiving the player will not receive a replacement except under the normal player acquisition mechanisms.


http://www.mlssoccer.com/regulations
Thanks for that.