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The total cap amount is negotiated with the NFLPA. The newer twists are these guaranteed future bonuses. Basically, what's happening is that the next two years of negotiating is already done and guaranteed, with the admission that the player would be released after the third year. This is really a series of three five-year deals with releases guaranteed.
The trick of it is that if too much money is placed in the voidable years (Thornhill's doesn't have that much) and they don't sign him to a new contract three years from now, they have to eat what's in the voidable years in one lump.
It all works out in the end, but the net effect is more money for fewer players and more players playing for the league minimum, which is at least significant.
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