You should wait in the other room with Wozzy when posters discuss the cap
Onwenu was due $16m in salary this year, and his cap hit was sitting at $25m due to his pro rated bonus.
the $16m was not guaranteed. (the pro rated bonus stays with the team regardless)
Onwenu's new deal is for $3m in salary, and a $6m sign bonus (all guaranteed)
So Mike took a $7m haircut. The team saved that $7m against the cap.
There are no "void" years. There is nothing beyond this year.
I think it will be very safe to say Onwenu will enter free agency next season.
By doing this in June, Onwenu really had no place to land if he was released, with the hope to make big money. I assume he is pissed this wasn't hashed out mush sooner, when he may have had the chance to move elsewhere for more money.
Now it is on him, to go out and earn another big deal (maybe here). I assume we see a highly motivated Onwenu.
Once again, owners/management prove that the cap is crap, and they continue to manipulate it to their desire