How is it possible that Holmes has a 5 year contract with $24 million guaranteed, and a cap number of only $2.45 mil this season ? The $24 million can't be a future option bonus ( or else it wouldn't be guaranteed ). Doesn't the $24 million guarantee have to be spread over the 5 years of the contract for cap purposes ?
Or is it possible that the future year salaries are guaranteed but not paid up front? Still sounds wrong because if the first year base salary is $1 million, I thought the annual increases in base salary could only go up a certain percentage annually ?
Anyone have any ideas ? Hate watching the Jets manipulate the cap every year. It never seems to catch up with them.
http://profootballtalk.nbcsports.co...ntract-leaves-plenty-of-cap-space-for-nnamdi/
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Or is it possible that the future year salaries are guaranteed but not paid up front? Still sounds wrong because if the first year base salary is $1 million, I thought the annual increases in base salary could only go up a certain percentage annually ?
Anyone have any ideas ? Hate watching the Jets manipulate the cap every year. It never seems to catch up with them.
http://profootballtalk.nbcsports.co...ntract-leaves-plenty-of-cap-space-for-nnamdi/
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