Posted by Mike Florio on September 10, 2015, 2:44 PM EDT
AP
We’ve gotten some of the salient details about the Marcell Dareus contract. The bad news for Dareus (and those who reported the initial numbers) is that the six-year extension doesn’t have a base value of $100 million, as others have reported. The deal is actually worth $95.1 million.
The great news for Dareus is that a lot of the money if fully guaranteed at signing. And the rest of the guarantees revert to full guarantees soon.
Per a source with knowledge of the situation, Dareus gets a signing bonus of $25 million, fully paid out by December. He also has a fully-guaranteed base salary of $3 million.
There’s a fully-guaranteed option bonus of $7 million due in March 2016, and his 2016 base salary of $7 million is fully guaranteed.
Also, the full guarantee moves to $55 million on the third day of the 2016 league year and to $60 million on the third day of the 2017 league year.
And while the guarantees for a given year can void if Dareus gets suspended again in that year, the cap hit for cutting him in 2016 would be $20 million. In 2017, it would be $20.6 million.
So he’ll be around for the next three years. Which is a pretty good deal for a guy who currently is unable to practice or play for the season opener due to a suspension.
Marcell Dareus gets $42.9 million fully guaranteed at signing
We’ve gotten some of the salient details about the Marcell Dareus contract. The bad news for Dareus (and those who reported the initial numbers) is that the six-year extension doesn’t have a base value of $100 million, as others have reported. The deal is actually worth $95.1 million.
The great news for Dareus is that a lot of the money if fully guaranteed at signing. And the rest of the guarantees revert to full guarantees soon.
Per a source with knowledge of the situation, Dareus gets a signing bonus of $25 million, fully paid out by December. He also has a fully-guaranteed base salary of $3 million.
There’s a fully-guaranteed option bonus of $7 million due in March 2016, and his 2016 base salary of $7 million is fully guaranteed.
Also, the full guarantee moves to $55 million on the third day of the 2016 league year and to $60 million on the third day of the 2017 league year.
And while the guarantees for a given year can void if Dareus gets suspended again in that year, the cap hit for cutting him in 2016 would be $20 million. In 2017, it would be $20.6 million.
So he’ll be around for the next three years. Which is a pretty good deal for a guy who currently is unable to practice or play for the season opener due to a suspension.
Marcell Dareus gets $42.9 million fully guaranteed at signing
