But that $259M last year and $280M this year includes every part of the deal, including future salaries that will likely never get paid. Should really only count signing bonuses and other guarantees, then go year-to-year with what salary and other expenses actually get paid. You can’t have mega cap space for years in a row if you’re actually spending close to or over the cap.
The table shared earlier is more valuable because it actually totals real cash spent.
The 2024 number dots not include future salaries. This years number seems made up and inconsistent
Cash spending is literally what you pay out today. Cash spending is always going to be higher than cap spending.
On any contract the signing bonus hits cash spending day 1 and is deferred against the cap.
So for each player cash spending is greater that cap spending until the final year. Cash spending to date equals cap hit plus all unamortized bonus.
The 90% rule doesn’t come close to ensure teams hit the cap.
Using the Patriot as an example.
Last year the cap was 230 mill. They spent 260 mill cash.
Let’s say the cap increases 20 mill per year.
So that’s 230,250,270. Over 3 years they must spend 230+250+270=750 x90%=675 milll in CASH.
They spent 260 and were 30 mill under the cap (260 in cash equaled 200 in cap)
So they must only spend 415 the next 2 years against a cap of 520. They could only give out salary and gave no unamortized bonus and hit the cash number while being a combined 105 million under the cap. Any unamortized signing bonus would also count toward cash.
So to hit this requirement there CAP PLUS unamortized signing bonuses could be 105 less than the cap, and using the 260=200 formula from 2024 than would leave them roughly a combined 136 million under the cap but at the 90% cash requirement.
So in this case hitting that requirement exactly would mean staying under the cap by an average of 55 million per year