When Jeremy Maclin‘s two-year, $11MM contract with the Ravens was first announced, Mike Garafolo of FOX Sports indicated the deal didn’t contain much “funny money,” suggesting the accord was a fairly straightforward pact. While that’s true, the structure of the contract will still allow Baltimore to escape the deal after the 2017 campaign with little dead money accelerating onto its cap.
Maclin received a $5MM signing bonus, according to Jamison Hensley of ESPN.com, meaning $2.5MM will be prorate onto the Ravens’ salary cap in both 2017 and 2018. For the upcoming season, Maclin’s base salary will be only $1MM, meaning he’ll take home $6MM in year one of his new contract. In 2018, however, Maclin’s salary will increase to $4MM, $2MM of which is guaranteed for injury, per Hensley. Additionally, Baltimore holds a $1MM roster bonus on Maclin that must be exercised by the third day of the 2018 league year.
In sum, Maclin’s cap charges will be $3.5MM and $7.5MM over the next two seasons. If the 29-year-old struggles again in 2018 as he did with the Chiefs in 2016, the Ravens could move on relatively easily. Assuming he’s healthy, Baltimore could cut ties after the 2017 season with only $2.5MM in dead accelerating onto its cap (against a savings of $5MM).
Photo courtesy of Pro Football Rumors on Instagram.
Happy to see him leave KC. Alex Smith killed his fantasy value.
Alex Smith wins games but turns pro bowl receivers into salary cap hits…