definition of "Guaranteed Money?"

[jfkbengals]

(03-20-2022, 01:20 PM)fredtoast Wrote: Signing bonus is paid in full.

Guaranteed money is paid out year to year, but pretty sure the full amount has to be placed in escrow at the time the contract is signed.

So if a contract has $50 million guaranteed the team would have to put that amount in an escrow account and still make the interest from the $50 million until it has to be paid to the player.

That is a true statement.