Suppose you underperform your contract, even grossly underperform it? Is the player going to give money back? Not bloody likely... A contract is a binding agreement. Both parties may, or may not, attempt to renegotiate at any point. But, during that time the contract is still valid and both parties need to abide by the contract. My perspective was the same back in the Dickerson situation as well and it'll likely stay the same in future situations. It's my belief that it is the right way to do it.
Report: Los Angeles Rams Star Aaron Donald could skip minicamp
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You are correct about contracts being binding...however, not all money is guaranteed. Usually a team can terminate a contract early, and not suffer any consequences. Players are not allowed to leave earlier.
I'd guess that contract termination language is included in player contracts. If a player/contractor doesn't like the contract language then change it or don't sign it. I'm working as a consultant under a contract. My contract is not guaranteed. If I work, I get paid. If the company with which I am contracted decides to terminate the contract, I have buyout clauses in the contract. If I decide to terminate the contract, there is language for that situation as well.
