I guess a way to over simplify it is, when a player leaves a team for another team, or gets cut from a team, all the team getting rids of them saves, is any future money owed to them in the form of game checks or bonuses not yet earned. but any guaranteed money and bonuses in the contract they still have to pay that player, even after he is gone.
that's kinda covers 95% of most situations and it doesn't make much sense to most of us but that's the way they set up the contracts, so the player gets paid no matter what.
where it really gets all fuzzy is with injury situations, like reggie bush who's career may be over because of injury, that's when it takes 20 lawyers on each side to hash things out lol.
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