2.6m base cap hit, but based on his NLTBE (not likely to be earned) bonuses, his cap hit actually raises after every game. (9.25m/16games= ~575k), so after every game, if he reaches the incentive, his cap also rises ~575k. The 2.6m is based off his base salary + work out bonus + roster bonus for first game for his LTBE bonuses.
So theoretically, if Hardy makes the roster and does begin to play a lot, his cap rises with every game. Assuming Hardy plays every game and reaches the roster incentives for each game, he'll get the 11m pay out on the season which would all be accounted for in this years cap, it'll be interesting to see how the Cowboys make it work. They couldn't afford to offer Demarco Murray a contract that averages out to about 8m a year, but then Greg Hardy's cap hit could be up to 11m for this season.
The only cap hits plausible for next year is the NLTBE sack incentives. So if Hardy leaves after the year, he can only have a dead hit up to 1.8m for the sack incentives.
Expect restructures or releases to happen as the season goes on to fit Greg Hardy's contract within the cap. This is not a normal contract structure, but it is available because Hardy was gone for a year and the Cowboys took advantage of that with a loop hole of the NLTBE bonuses to fit his cap for now, again, his cap is going to go up, so we'll see how it all works out.
Edited by dontbelikethat - 3/18/15 at 5:17pm