Letting him go right now would create about a little over $2.7 million in salary cap space with $3.3 million of dead money, but if the Bears wait and designate him a June 1 cut the move would save the them nearly $5 million. His contract was through the 2021 season, but there were two void years tacked on to his deal through 2023.
Skrine has manned the nickelback spot for the Bears since the 2019 season, but a concussion ended his 2020 after week 13. That was his sixth reported concussion during his ten year NFL career.
In twelve games a year ago Skrine had 66 tackles, 3 passes defended, 1 forced fumble, and 1 tackle for loss. The Bears currently have two in-house candidates to fill the nickel role in 2021, in 2019 6th-round pick Duke Shelley and 2020 5th-round pick Kindle Vildor, but with free agency and the draft yet to come that could change.