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Texans gave up a valuable asset for $20M in cap space. As a result, they have $31M instead of $11M of cap space currently. The extra cap flexibility they purchased with their 2nd rounder will allow them the cap space for something like a Clowney extension.
If the cap was crap, wouldn't they have preferred a 2nd rounder if they were still going to have $11M of cap space left after eating the Osweiler dead money cap hit? What am I missing that makes my comparison terrible?
You're making an unsupportable jump. You're assuming a 1:1 correlation, which does not exist.