Teach me about guaranteed money, dead money etc....
I'm still foggy on some contract/cap issues. For a long term deal for a player how much money actually has to be paid out if a team wants to cut a player and move on. Is the amount of guaranteed money stipulated in each contract?
For instance, if the Jets cut Sanchez how much actual money would they owe him. (Not cap money, actually dollars.)
Second question, what determines the amount of dead money against the cap for player?
Just for the heck of it I was wondering about a Vick for Sanchez swap straight across and the cap implications. (No I do not love Vick. I do not think he is the longer term answer and I don't like him as a person that much.)
Vick seems to have more years left on his deal but the dead money seems less than for Sanchez. Strictly from a cap standpoint would one year of Vick and then cutting him be better than one year of Sanchez and then cutting him?