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

Nick Foles will become an unrestricted free agent

Signing Nick Foles was one of the most under-the-radar free agent acquisitions in the National Football League prior to the 2017 season. Foles signed with the Philadelphia Eagles to be the backup to second year franchise quarterback Carson Wentz. However, Wentz suffered a season ending injury in week 14 against the Los Angeles Rams. Foles took over, and the backup quarterback led the Eagles to Super Bowl LII, where he and the Eagles defeated the New England Patriots 41-33. Foles Continue ReadingNick Foles will become an unrestricted free agent