Part of speech: n.
Quotation: Feeley was scheduled to make $2.4 million in contractual salary from the Eagles in 2009 if he made the roster. If he were to be released prior to the season opener, he would receive a $1 million buyout in what is known as “dead money” in the NFL.
Author:
Thomas Jackson
Date of publication:
Sept. 7, 2009
This catchword has yet to be researched.
Comments:
dead money is also used in poker as "lost money"
by Charity Hallet 12 Apr 10, 0748 GMT