Unless something has changed, it's not a cap hit, just a buyout. It's only a cap hit if it comes after the first roster deadline, making his contract for this year count towards the cap.
So MLSE eats a million to get rid of him. Adios.
We looked off all last year, like the locker-room belief was done. Aside from Beta being a terrible decision (and my understanding is he wasn't looking for more, just the same, and the wanted him to take a cut), Akexte was also a terrible decision. I dunno, maybe Bez saw the writing on the wall and that the view of his personnel choices being as magic as his knowledge of the rules had eroded.