I wouldn't have thought either Walsh or Armstrong would be on large contracts. But regardless, if we delist them, we still have to pay them out unless they get picked up by someone else and their salaries still count in our cap.
I also imagine that the club would have factored in the likely retirements of a couple of players into their salary cap projections, so this money is probably already earmarked. And they would have expected White to have left the list by the end of this season, either as a delistee or a trade.
The Swans may have some room in their salary cap but I don't think you can just look at the players leaving this year and assume their combined salaries is free cap space to play with. Clubs project and manage their salary caps some years in advance. Players like Parker, Jetta and JPK have all been resigned this year, presumably on more money than they were on before.
I also imagine that the club would have factored in the likely retirements of a couple of players into their salary cap projections, so this money is probably already earmarked. And they would have expected White to have left the list by the end of this season, either as a delistee or a trade.
The Swans may have some room in their salary cap but I don't think you can just look at the players leaving this year and assume their combined salaries is free cap space to play with. Clubs project and manage their salary caps some years in advance. Players like Parker, Jetta and JPK have all been resigned this year, presumably on more money than they were on before.

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