While we learned the basic details of Larry Fitzgerald‘s new contract with the Cardinals earlier this week, we didn’t have the specific figures until today, as Joel Corry of CBSSports.com breaks down the deal in a series of five tweets. Fitzgerald will receive a $10MM bonus on the second day of the 2015 league year, and has fully guaranteed $1MM and $11MM base salaries for 2015 and 2016, respectively. That $10MM bonus will be considered a signing bonus, meaning it’s prorated over the course of the deal, which extends through 2018, though it’s scheduled to void five days after the 2017 Super Bowl. The contract, which includes a no-trade clause, reduces Fitzgerald’s 2015 cap hit to $10.85M, creating $12.75M in immediate cap room for the Cards.
Let’s round up a few more items from around the NFL’s two West divisions….
- Although Raiders GM Reggie McKenzie has publicly stated that the team won’t rule out keeping Matt Schaub in 2015, league sources tell Vic Tafur of the San Francisco Chronicle that Oakland won’t bring back its high-priced backup. According to Tafur, safety Tyvon Branch and outside linebacker LaMarr Woodley could also be on the chopping block, and running back Maurice Jones-Drew would likely have to take a pay cut to return to Oakland.
- The Chiefs are engaged in ongoing discussions with the agent for free agent defensive back Ron Parker, per Terez A. Paylor of the Kansas City Star, who tweets that Parker’s asking price is still about $6MM per year. Paylor reported earlier in the month that Parker would be seeking a $6MM annual salary on a four- or five-year deal.
- Cap experts like Joel Corry and Jason Fitzgerald have recently speculated that when Russell Wilson signs an extension with the Seahawks, he could become the first quarterback to receive a fully guaranteed contract. According to Ian Rapoport of NFL.com (via Twitter), that possibility is “very real,” and it’ll be fascinating to see how it plays out.
- In his examation of the free agent market for tight ends, Jason Fitzgerald of Over The Cap explains why Broncos TE Julius Thomas may be overvalued next month.