So Reiss has a breakdown of McCourty's contract (5 years etc). But the following line is somewhat strange:
Signing bonus: $15 million ($5 million deferred to March 31, 2016)
So does that mean that
A) $10 mil is spread over 5 years as of today. Then on March 31, 2016 the remaining 5 million gets spread out for the remaining 4 years. Or
B) Is it still just $15 million spread out for 5 years?
The difference would be around $1 million off this year's cap.
It is still $15 million spread out across 5 years. All it does is allow the Patriots to defer the actual cash payment of part of the bonus later in the contract. FYI, this does not affect cash spent by the Patriots in the NFL's eyes. I actually tweeted with Miguel to confirm this.