Creative contracts: signing bonuses and void years
The NFL’s salary cap is a hard cap. However, accounting and contract maneuvers can help teams create salary cap room in a current season, though not without impacting the salary cap in a future season. In this post we will discuss the basics of signing bonuses. We will also discuss a contract mechanism which teams have used to have portions of a signing bonus allocated against the salary cap in a specific future season. Signing bonus basics Signing bonuses are Continue ReadingCreative contracts: signing bonuses and void years