The Tampa Bay Buccaneers re-signed defensive tackle Ryan Sims to a four-year contract last Wednesday, but financial terms of the deal were not disclosed until now. PewterReport.com has learned that Sims’ four-year deal is worth $8 million, averaging $2 million per year.
The deal features a $1.25 million signing bonus and $2 million in roster bonuses in each of the four years ($500,000 per year).
Sims will have a $1.8125 million salary cap value in 2009. The Bucs have appoximately $55 million in salary cap room after the signing of Sims, quarterback Luke McCown and placing the $9.884 million franchise tag on wide receiver Antonio Bryant. This is believed to be the most cap room of any team heading into free agency.
“It feels really good to know that the coaches and the new staff saw the film and they wanted me and wanted to have me back,” Sims told PewterReport.com last week. “It really feels good. I’m just happy to see my hard work pay off. It’s nice to know that I do have a home in Tampa.”
In both 2009 and 2010, Sims is scheduled to earn $1 million in base salary. In 2011, Sims’ base salary climbs to $1.25 million. In 2012, the former first-round pick of the Kansas City Chiefs will make $1.5 million in base salary.
Should Sims work his way into the starting lineup this year, he will represent a great value for the Buccaneers. By comparison, last year’s starting defensive tackles, Jovan Haye and Chris Hovan made $2,017,000 and $1.6 million in base salary, respectively. Hovan’s base salary climbs to $3 million in 2009, while Haye is scheduled to become an unrestricted free agent on Friday, February 27 after signing a one-year tender last year as a restricted free agent.
At 6-foot-4, 315 pounds, Sims has the size that Bates prefers in interior defensive linemen and his re-signing could lead the Buccaneers not to re-sign undersized Jovan Haye, who was the team’s starting under tackle over the past two seasons at 6-foot-2, 285 pounds.
Correction: A previous version of this story had Sims' roster bonus at $3.25 million. It has since been reported correctly as $1.25 million.
Scott Reynolds is in his 25th year of covering the Tampa Bay Buccaneers as the vice president, publisher and senior Bucs beat writer for PewterReport.com. Author of the popular SR's Fab 5 column on Fridays, Reynolds oversees web development and forges marketing partnerships for PewterReport.com in addition to his editorial duties. A graduate of Kansas State University in 1995, Reynolds spent six years giving back to the community as the defensive line coach for his sons' Pop Warner team, the South Pasco Predators. Reynolds can be reached at: firstname.lastname@example.org
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