The biggest thing about a contract like Watson's is the guarantee itself. Once that contact was signed, the Browns were required, bu league rules, to deposit the entire guaranteed portion into what is essentially a "guarantee account". Deals without guarantees and "pay as you go". Guaranteed deals are "pay in full into a guarantee account as soon as the contract is signed". The player gets his annual salaries, but out of the guarantee account. Haslam could afford this, but many other NFL wners cannot.