Do NFL teams have to place money in escrow for guaranteed contracts?

[Joelist]

(06-17-2023, 07:19 PM)jfkbengals Wrote: Interesting comment when linking that article, as they quote PFT for all of the information.

That said, the article linked in the OP was when PFT followed up to see if the money had in fact been placed into escrow by that date.  It was at that point they noticed the MAY instead of SHALL verbage.

And the article specifically states the escrow is required. It hasn't just been CBS other sources have said the same thing - it is required and also is an issue.

This is part of why things like the Paycor deal happened - the Bengals need to stack up cash for this exact situation.