The walkaway threshold for Arbitration award is $4.7mil this season. If the arbitrator awards a contract below the threshold, the team must accept the award and sign the player to the awarded contract.
If the award is above the threshold, the team has the option of walking away from the contract and making the player UFA.
For teams close to the cap, the worry is that the arbitrator awards a contract that is too rich for their cap structure but below the threshold so they have to accept it and make a corresponding cap move.
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