Reacting to the extension the Lions gave Matthew Stafford, Bob Quinn said Tuesday that the quarterback’s presence was one of the reasons he agreed to become the team’s general manager in 2016 (Twitter link via Justin Rogers of the Detroit News). Quinn could now have Stafford under wraps through 2022 on a pact worth up to $151.5MM, according to Mike Florio of Pro Football Talk.
The contract represents a firm three- to four-year commitment, per Florio, who adds that the final two seasons of the accord carry non-guaranteed, team-held options worth $19.5MM and $22.5MM, respectively. Even if the Lions bail on Stafford after 2020, he’ll still have raked in $108.5MM via this agreement. The deal features $92MM in total guarantees and a $50MM signing bonus, Adam Schefter of ESPN tweets. Both of those figures are NFL highs, as are Stafford’s $60.5MM guaranteed at signing and three-year cash flow ($51MM-$67.5MM-$87MM), Tom Pelissero of NFL.com notes (on Twitter).
Here’s the yearly breakdown, courtesy of Florio:
- 2017: Fully guaranteed base salary of $1MM.
- 2018: Guaranteed-at-signing base salary of $9.5MM; guaranteed-for-injury roster bonus ($6.5MM) due on the fifth day of the league year; $500K workout bonus. The roster bonus becomes fully guaranteed on Day 3 of the league year.
- 2019: Base salary ($13.5MM) is guaranteed for injury at signing and becomes fully guaranteed on the fifth day of the 2018 – not ’19 – league year. The $5.5MM roster bonus is guaranteed for injury at signing and, like the base salary, becomes fully guaranteed on the fifth day of the 2018 league year. There’s also a $500K workout bonus.
- 2020: $15MM base salary; $6MM roster bonus that’s guaranteed for injury at signing, becomes fully guaranteed in the 2019 league year and is due on the fifth day of the 2020 league year; $500K workout bonus.
- 2021: $9.5MM base salary, $500K workout bonus.
- 2022: $12.5MM base salary, $10MM roster bonus due on the fifth day of the league year, $500K workout bonus.