NFL Collective Bargaining Agreement

Article 27
Veteran Salary Benefit

Section 16

If a Qualifying Contract, or a Four-Year Player Qualifying Contract, with guarantees is terminated, the player shall continue to receive the guaranteed portion of the contract and that money shall continue to count against the Salary Cap, but the benefit portion of the player’s compensation (including the subsidy) shall cease. For example, if a player with a $910,000 Qualifying Contract, which includes a $750,000 Paragraph 5 guarantee, is terminated after the eighth week of the regular season, he receives $750,000 of the $910,000 Minimum Salary. If the player signs multiple guaranteed Qualifying Contracts covering the same League Year at the applicable Minimum Salary, the maximum guaranteed salary he can earn under all such Qualifying Contracts is $750,000.