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Monday, 3 July 2017

Latest On Derek Carr’s Contract

Source: http://ift.tt/1ke4mwG --- Sunday, July 02, 2017
Derek Carr ‘s five-year, $125MM contract makes him the highest-paid NFL player and the first to break the $25MM-AAV barrier. Some of this deal’s specifics — like Carr’s $70MM guaranteed and $40MM fully guaranteed at signing — have been reported, but Pro Football Talk’s Mike Florio reports some key details in the agreement on Sunday. Carr received a $12.5MM signing bonus and will make $5MM in 2017 base salary. According to OverTheCap , the 26-year-old quarterback will have a 2017 cap figure of $15.73MM. For the ensuing five years, Carr’s cap figures are as follows: $25MM (2018), $22.5MM (’19), $21.5MM (’20), $22.13MM (’21) and $19.88MM (’22). As for how the guarantees in these years are structured, Carr picked up a $7.5MM roster bonus on June 30 to add to his 2017 total. For 2018, his $7.4MM base salary is guaranteed for injury only at signing, but Florio reports that will be fully guaranteed on the third day of the 2018 league year. A $15MM roster bonus will come Carr’s way on Day 3 of the ’18 league year as well. That will be paid within 15 days of that March date, per Florio. In 2019, Carr’s deal is less complicated. He will earn a base salary of $19.9MM for his age-28 season. It’s structured like his ’18 salary, being guaranteed for injury only at signing but fully guaranteed on the third day of the 2019 league year. For 2020, the base pay is $18.9MM, with $2.9MM of that guaranteed for injury at signing. Carr’s 2021 and ’22 b ...



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