NFL Collective Bargaining Agreement
Salary Cap Accounting Rules
Section 6(f)(i)Valuation of Player Contracts
Notwithstanding any provision in a Player Contract to the contrary or when such payments are actually made, the following rules shall apply in determining the amount of a player’s Salary that is to be included in Team Salary in a particular League Year for purposes of the Salary Cap:
In the event that a Player Contract is assigned to another NFL Team, either by trade or pursuant to the NFL’s waiver procedure, the assignee Team will count as part of its Team Salary only that portion of the player’s Salary which remains unpaid and for which the Team may be obligated. The assignor Team will continue to count as part of its Team Salary only that portion of the player’s Salary which has already been paid by the Team and/or any Salary for which the Team remains obligated.