Salary Cap Exemptions

[TANTRIC-NINJA]

Breaks down the cap flexbility that the players should offer more flexibility

http://profootballtalk.nbcsports.com/2011/07/27/nflpa-reminds-agents-of-new-salary-cap-exceptions/

First, although each team has a cap limit of $120.4 million, each team may exercise a $3 million exemption, pushing the true cap to $123.4 million.

Second, each team can ignore up to $1 million in salary for three separate veterans with five or more years of service.

Third, teams can spend money now that is spread over future salary caps.* For example, the $30 million signing bonus paid to Panthers defensive end Charles Johnson on a six-year deal results in $5 million being allocated to each of the next six seasons.

Also, keep in mind that the Transition Rules don’t require teams to be under the salary cap until the next league year starts, on or about August 4.* Thus, teams can go over the cap now and get under it later.