Veteran Minimum Benefits
When qualified, a player with four (4) or more years of NFL experience can earn his total minimum salary, but have a cap figure that reflects two years of experience – or in 2016, $600,000. The contract must be for only one year, and must not contain combined bonus money (signing, roster, workout) that exceeds $80,000.
For instance, let’s pretend Matt Cassel resigns with the Dallas Cowboys in 2016 on a 1 year, minimum salary contract. With 10+ years of experience, he’ll be slotted for a $985,000 base salary. With four or more years of experience (11), and a 1 year contract, Cassel qualifies for the cap hit benefit. His 2016 cap figure with the Cowboys would be $600,000
Had he received a bonus (signing, roster, workout) up to the maximum $80,000, he would have received a total $1.065M contract, with a $985,000 base salary, an $80,000 signing bonus, and a cap figure of $680,000 (600+80).
With plenty of veterans being released, or not signed back thus far in 2016, the use of the Minimum Salary Benefit Rule becomes useful both for older players looking for jobs, and teams looking to minimize their cap dollars.
https://www.spotrac.com/blog/nfl-minimum-salaries-for-2016-and-the-veteran-cap-benefit-rule/
not so sure Freeney wants to play for vet-min...... but if he did it would not hurt our cap so much