An NFL Insider Speaks About Carolina and Richardson

[panthers55]

With the amount of money we had to spend someone was gonna get overpaid.

Glad a top notch talent and all around great guy like Deangelo was the recipient.

Not true at all.

It remains widely believed by fans and some in the media that the mandatory minimum cash spend of 89 percent under the new labor deal immediately applies. It doesn’t.

While the league as a whole must spend cash in 2011 that equates to 99 percent of the cap, there’s no minimum requirement for each team until 2013. Thus, neither the Bengals nor any other specific team is required to spend another dime — as long as all 32 teams cuts checks this year that equal at least $3.814 billion.

http://profootballtalk.nbcsports.com/2011/08/02/11-teams-still-have-20-million-or-more-in-cap-room/