TOTAL PACKAGE BREAKDOWN:
- Old Money (meaning money Winslow was due to earn under his old contract over '09 & '10): $9.55M
- New Money Earned Over Old Years ('09 & '10): $2.34M
- New Money Earned Over New Years ('11 - '14): $24.21M
- TOTAL NEW MONEY: $26.55M over 4 new years ($6.64M/year)
- Total Package (Old + New Money): $9.55M + $26.55 = $36.1M over 6 years ($6.02M/year)
CONTRACT COMPONENTS:
Guaranteed Money:
- 2009 full salary (P5) guarantee (for skill, injury, & cap): $5.71M
- 2010 full P5 guarantee (skill, injury, cap): $6.721M
- 2011 full P5 guarantee (injury only): $8.259M
Total Guaranteed for SKILL & CAP(what I would call truly guaranteed): 12.431M
Total Guaranteed for SKILL, INJURY, & CAP: $20.15M (remember $8.259M of this is not payable if they cut him for lack of skill)
Non-Guaranteed Money:
- 2012 P5: $3.3M
- 2013 P5: $4.5M
- 2014 P5: $5.5M
- 2012 Off-Season Workout Bonus: $500K
- 2013 Off-Season Workout Bonus: $500K
- 2014 Off-Season Workout Bonus: $500K
- 2012 45-man per game Roster Bonus (meaning for every game player is on the 45-man game day roster, they will earn 1/17th of bonus): totaling $550K
- 2013 45-man per game Roster Bonus: $600K
Total Non-Guaranteed Money: $15.95M
Incentives:
- 2011 Incentive (if player makes '09-'11 Pro Bowl AND has 90+ Receptions in each of '09-'11): $4.45M (if achieved, '12 - '14 P5's decrease by a total of 1.449M AND '12 - '14 Pro Bowl & Receptions Incentives go away)
- 2012 Pro Bowl Incentive (voids if 2011 Incentive earned): 200K
- 2013 Pro Bowl Incentive (voids if 2011 Incentive earned): 200K
- 2014 Pro Bowl Incentive (voids if 2011 Incentive earned): 200K
- 2012 Receptions Incentive (voids if 2011 Incentive earned): 800K
- 2013 Receptions Incentive (voids if 2011 Incentive earned): 800K
- 2014 Receptions Incentive (voids if 2011 Incentive earned): 800K
Maximum Amount of Incentives That Can Be Earned in '12 - '14: $3M
THEREFORE, if Winslow earns 2011 Incentive he makes an additional $1,000 because if he were to not earn the $4.45M incentive, he'd instead possibly earn $4.449M ($1.449M in P5's + $3M in incentives).
MAXIMUM TOTAL PACKAGE:
- Guaranteed Money: $20.15M
- Non-Guaranteed Money: $15.95M
- Max Incentives: $3M
- SUBTRACT $9.552M in Old Money
TOTALING: $29.55M over 4 new years (7.39M/year)
This is from J.I Halsell, who has 4 seasons worth of NFL Salary Cap and Player Contract experience. For 2 seasons, he was the Salary Cap Analyst for the
Washington Redskins