If ref tag contains a cite template followed by dead link template, the dead link template is treated as part of the cite.
for example (from English Wikipedia Kingston Fossil Plant coal fly ash slurry spill), Reference number 9, name is commondreams, title is Flood of sludge breaks TVA dike
<ref name=commondreams>{{cite news|url=http://www.tennessean.com/article/20081223/GREEN02/812230370/1001/RSS6001|title=Flood of sludge breaks TVA dike|publisher=[[The Tennessean]]|date=December 23, 2008|accessdate=2009-01-09|authors=Anne Paine and Sledge, Colby}} {{Dead link|date=September 2010|bot=H3llBot}}</ref>
authors (Last Name) is interpreted as "Anne Paine and Sledge, Colby}} {{Dead link". The dead link date is interpreted as the "Source date" of the cite template.
My guess is that you should take the contents of the ref tag as a list of templates, one of which will be the cite with the others being modifiers of the reference.