Guard Carl Nicks has apparently decided to walk away from football following two injury riddled years with the Tampa Bay Buccaneers. Nicks had signed a $47.5 million contract with the Buccaneers in 2012 that made him the highest paid guard in the NFL.
The contract was a good example of the problems that can occur with the all cash salary cap model that is employed by Tampa Bay. Because all cash contracts contain no signing bonus it often leads to lower cash flows in the first year of the contract than awarded in more traditional NFL contracts. The players also … Read the rest