An example to show guaranteed money and dead money in NFL Player contracts.
A definition of "dead money" in NFL player contracts.
Dead Money and Acceleration The term “Dead Money” refers to the amount of player’s salary that a team has already committed to but hasn’t been charged to the cap (NFL CBA, p. 93-95). It’s essentially a sunk cost. Signing bonus prorations, fully guaranteed base salaries and earned bonuses are examples of dead money—money a team... Continue Reading →