Saw this from a CBA excerpt from PFT.com
http://profootballtalk.nbcsports.com...l/#more-141226
"2011 salary cap flexibility: Even though the salary cap was ostensibly scaled back, teams were given two avenues to make it easier to retain high priced veterans this year. Teams can “borrow” $3 million against future salary caps to pay for veterans. They can also use another $3.5 million in what would otherwise be performance-based pay to use for veterans.
So the cap really isn’t $120.375 million. It’s basically $126.88 if teams want it to be. An extra $6.5 million won’t save guys that truly deserve to get cut, but it will make life easier for teams near the cap limit."