What are option bonuses?

Option bonuses are a specific type of bonus that allow teams the flexibility to prorate their payment over the remaining length of a player's contract. When an option bonus is exercised, it adds a considerable financial commitment, but teams have the ability to spread this cost across multiple years of the contract. This prorated effect can influence salary cap calculations, making it a strategic financial maneuver for the team.

In this context, option bonuses serve as an incentive for players while also considering the management of the team's salary cap. This flexibility is important for teams looking to maintain financial balance while still rewarding players for their performance and potential.

The other options do not accurately describe the nature of option bonuses; for instance, bonuses related to injuries, cash-only stipulations, or limitations to rookie contracts do not encompass the broader implications and uses of an option bonus within contract negotiations and salary cap management in the NFL.