The contract breakdown for Arizona Cardinals cornerback Patrick Peterson is in. Pro Football Talk had the information by year and then Overthecap.com charted it out.
In his original contract, Peterson was due to make around $2.9 million and his cap number was about $5.8 million. His fifth-year option for 2015 was due to be for a little more than $10 million.
Before the "extension" kicks in, his salary in 2014 and 2015 are affected.
He got a signing bonus of $15.361 million. That cap hit is split up over five years -- a $3.072 million hit. still had a prorated cap hit from his original signing bonus of $2.8 million. That puts his bonus hit alone to over $6 million. To avoid too much more cap hit, his 2014 salary, which was due to be around $2.9 million, will now be more than $889,000. His 2014 cap hit only goes up about $1 million to more than $6.9 million.
That's doable. His 2014 is already guaranteed. 'What about the rest of the deal?
Here is how it look charted out.
Year | Base Salary |
Prorated Bonus |
Roster Bonus |
Workout Bonus |
Other Bonus |
Cap Number |
Dead Money |
Cap Savings |
---|
2015 | $11,619,000 | $3,072,200 | $0 | $250,000 | $0 | $14,791,200 | $12,288,800 | $2,502,400 |
2016 | $9,750,000 | $3,072,200 | $0 | $250,000 | $0 | $13,072,200 | $9,216,600 | $3,855,600 |
2017 | $9,750,000 | $3,072,200 | $0 | $250,000 | $0 | $13,072,200 | $6,144,400 | $6,927,800 |
2018 | $11,000,000 | $3,072,200 | $0 | $250,000 | $0 | $14,322,200 | $3,072,200 | $11,250,000 |
2019 | $11,000,000 | $0 | $0 | $250,000 | $0 | $11,250,000 | $0 | $11,250,000 |
2020 | $12,050,000 | $0 | $250,000 | $250,000 | $0 | $12,550,000 | $0 | $12,550,000 |
Peterson's 2015 ad 2016 salaries are fully guaranteed for injury.