GREEN BAY, Wis. – By signing Davante Adams and Corey Linsley to contract extensions before the regular-season ended, the Green Bay Packers were able to use $5.6 million in 2017 salary-cap space, therefore lessening the burden on future caps over the life of those contracts.
Davante Adams four-year, $58.9 million extension contained an $18 million signing bonus which will be prorated over five years, meaning $3.6 million was charged to this past season’s cap. In all, over the five years it’s worth $58,961,963.
Based on average per year, Adams ($14.5 million) is the fourth-highest paid receiver in the NFL behind Antonio Brown ($17 million), DeAndre Hopkins ($16.2 million) and A.J. Green ($15 million), according to ESPN Stats & Information.
Linsley’s three-year, $25.5 million extension contained an $8 million signing bonus which will be prorated over four years, meaning $2 million was charged to this past season’s cap. In all, over the four years, it’s worth $27,303,450
Before the two deals were completed last week, the Packers still had nearly $10 million in available 2017 cap space. They will be able to carry over a little more than $4 million unused cap space to next season.
Here’s a breakdown of the contracts:
Davante Adams
2017
Cash value: $18,961,963
Salary-cap charge: $4,857,127
Signing bonus: $18 million
Existing base salary: $956,373
Workout bonus: $5,590
2018
Cash value: $7 million
Salary-cap charge: $10.6 million
Roster bonus: $5 million (due the third day of the league year)
Per-game roster bonuses: Up to $500,000 ($31,250 per game active)
Base salary: $1 million
Workout bonuses: $500,000
2019
Cash value: $7 million
Salary-cap charge: $10.6 million
Roster bonus: $3.5 million (due the third day of the league year)
Per-game roster bonuses: Up to $500,000 ($31,250 per game active)
Base salary: $2.5 million
Workout bonuses: $500,000
Incentives: $250,000 for the Pro Bowl
2020
Cash value: $13 million
Salary-cap charge: $16.6 million
Per-game roster bonuses: Up to $500,000 ($31,250 per game active)
Base salary: $12 million
Workout bonuses: $500,000
Incentives: $250,000 for the Pro Bowl
2021
Cash value: $13 million
Salary-cap charge: $16.6 million
Per-game roster bonuses: Up to $500,000 ($31,250 per game active)
Base salary: $12 million
Workout bonuses: $500,000
Incentives: $250,000 for the Pro Bowl
Corey Linsley
2017
Cash value: $9,803,450
Salary-cap charge: $3,849,700
Signing bonus: $8 million
Existing base salary: $1.797 million
Workout bonus: $6,450
2018
Cash value: $2.85 million
Salary-cap charge: $4.85 million
Roster bonus: $1 million (due the third day of the league year)
Per-game roster bonuses: Up to $500,000 ($31,250 per game active)
Base salary: $1 million
Workout bonuses: $350,000
2019
Cash value: $6.185 million
Salary-cap charge: $8.185 million
Roster bonus: $1 million (due the third day of the league year)
Per-game roster bonuses: Up to $500,000 ($31,250 per game active)
Base salary: $4.3 million
Workout bonuses: $350,000
Incentives: $250,000 for the Pro Bowl
2020
Cash value: $8.5 million
Salary-cap charge: $10.5 million
Per-game roster bonuses: Up to $500,000 ($31,250 per game active)
Base salary: $7.65 million
Workout bonuses: $350,000
Incentives: $250,000 for the Pro Bowl