Say, for example, a player wants a
seven-year, $60-million contract. Let's say that the owner decides to give that
player an $11-million signing bonus, which is all paid out in the first year
but gets factored into the cap as prorated over the course of the seven-year
contract ($11-million / 7 years = $1.57-million per year). Most NFL contracts
are "back-ended" -- most of the base salary is located in the last
two or three years of the contract. If we suppose that our player's contract is
structured so that he has a base salary of $2-million the first year, with
higher base salaries in the final two years of the contract, the $13-million
(base salary + signing bonus) paid out in the first year appears as
$3.57-million to the cap! The advantage of signing bonuses for the owner is
that he now has more money to spend under the cap. This is how the Washington
Redskins ran up a total payroll of $92.41-million in the 2000 season when the
cap was $67-million. The advantage for the player is that all signing-bonus
money is guaranteed to be paid, whereas an NFL contract is not guaranteed. authentic womens jerseys
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