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They can cut him at any time and it saves them the full $7.6M because there is no guaranteed money and no SB proration. As for the workout bonus, it depends on when that is set to be paid..
Yeah, I don't really get the point of that tweet. The June 1st designation only matters for purposes of spreading out dead cap hits, and Rudolph doesn't have any. I expect that if the Vikings cut Rudolph, they'll cut him sooner rather than later just because they're in such rough shape against the cap.