True or False: Fully guaranteed Off-season bonuses are treated like signing bonuses and prorated.

Fully guaranteed off-season bonuses are treated like signing bonuses in the context of NFL contracts, which means they are prorated over the length of the contract for salary cap purposes. When a player receives an off-season bonus that is fully guaranteed, it counts against the team's salary cap in the same manner that a signing bonus would be handled.

This prorating is beneficial as it allows teams to manage their salary cap more flexibly. Signing bonuses, which are paid upfront but amortized over the length of the contract, provide a way for teams to spread the financial impact of a large payment across multiple seasons. Similarly, if an off-season bonus is guaranteed, it is included in this prorated calculation, ensuring consistency in how different types of bonuses affect the salary cap.

Understanding this concept is crucial because it impacts both how teams structure contracts and how agents negotiate terms for players. Thus, the statement that fully guaranteed off-season bonuses are treated like signing bonuses and prorated is indeed true.