Thread: cap number
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Old 07-25-2011, 02:54 PM
painekiller painekiller is offline
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Quote:
Originally Posted by WMH View Post
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.
Just remember this is not congress, when you borrow the $3MM you will have to pay it back, meaning in a latter year you will have to lower your cap by $3MM. So borrowing from the cap for a team like the Ravens who are getting older might make sense, but for a team that appears to be on the rise that would not appear to be the smart move.
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