"In analyzing a player contract or a team payroll, many fans (and even media) focus on cap impacts. I am here to tell you to stop doing that. What matters is the cash, not the cap. Cash is real money in and real money out. Cap is simply bookkeeping. Even dead money—leftover nonroster charges for players no longer with the team—is merely unamortized proration clogging up the pipes of the overall cap. It is not cash." (
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"NFL revenue comes from three sources: media revenue, NFL ventures/playoff revenue, and local revenue. The players’ total is then divided by the league’s 32 teams to give each club its individual salary cap... NFL teams cannot exceed the salary cap. All clubs must be under the cap by the start of each new league year... However, it’s critical to remember that the NFL salary cap is simply a ledger. While it is a hard cap, it’s designed to be exploited. Teams can deploy various mechanisms to push money into the future and create more space in the present... NFL teams are allowed to roll over any unused cap space from one season to the next... While the NFL has a salary cap, it also has a salary floor, so teams cannot hold onto money perpetually. Teams must spend at least 89% of the cap over a four-year period, while the NFL as a whole must spend at least 95% of the cap. (
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Yes.