Yeah, that's a great plan.
Once you did that, you'd be about $50M over the salary cap (due to accelerated bonuses), so would forfeit draft picks. Not that it'd matter, since you wouldn't have any cap room to pay them anyway. With no cap room, you couldn't sign new players, so would have to forfeit every game. Without players, you obviously sell no tickets, make no money, the team folds.
I can tell you're an astute businessman!
CW