Update: a commenter notes it's not an individual team floor for 2011-2012 but rather a league wide aggregate floor. Joe Reedy also keeps saying it's "league wide" 99% as well on tweets but slow learners like myself need more explanation because I am not seeing how that makes sense. I guess that implies if lots of other teams spend over the cap then the Bengals are free to spend jackshit. I still don't understand how that rule makes sense at all since teams would have to plan their spending around what other teams spend which is something they can't forecast with any certainty. I will try to clarify this later but it appears perhaps the Cyncial Salary Dump of 2011 is indeed on. But please read everything that follows knowing that all technical points might be completely wrong. But also know the Bengals, regardless, are still fucking you.
Second Update - Yep. This whole post is totally, one hundred percent incorrect and moronic. Just like the Bengals. Here's a better explanation of what happens in 2011-2012. Thanks commenters. Basically, the Brown family can likely depend on other teams spending enough, including signing bonuses and such, so that they won't have to spend anywhere close to the floor. I think the biggest consequence here is that it means Carson has no "unretire" leverage for the next two years. If he wants to play football again, he will have to humble himself at the feet of the manchild Mikey.
You can read the rest of this post after the jump, but it's literally pointless.