NFL Collective Bargaining Agreement

Article 12
Revenue Accounting and Calculation of the Salary Cap

Section 1(a)(ix)(3)
All Revenues

For purposes of this Article, and anywhere else stated in this Agreement, revenues shall be accounted for in the manner set forth below.

(a)(ix)(3)

For the avoidance of doubt, Subsections (vii)–(viii) above do not require that specific funds from PSRs, naming rights, or cornerstone sponsorship proceeds be traceable to specific payments supporting construction or renovation projects for the exclusion to apply (recognizing that these proceeds are among the sources of funds to pay construction costs or related debt service), nor does the exclusion of PSLs, PSRs, naming rights and cornerstone sponsorship proceeds under Subsections (vi)–(viii) above permit the aggregate exclusion from AR of amounts that would exceed the actual private costs of such construction or renovation projects.