Total Value– One year, Up to $14,000,000
Alshon Jeffery Contract Length
The premiere receiver on the market this spring signing a one-year, “prove-it deal” was a shocker. Jeffery can hit free agency again in 2018. It’s certainly a risk, as a drop in production or a serious injury could damage his value next March.
Alshon Jeffery Contract Compensation
That $14-million number looked a lot better before it was revealed that $4.5 million of it is tied to incentives. His contract is actually a $9.5-million deal, which is made up of a $7.75-million signing bonus, $750,000 workout bonus and a $1-million base salary. The incentives are tied to reaching certain reception, yard, touchdown and postseason award thresholds. At $9.5 million, he’s the 18th highest-paid receiver in the league (by APY) in 2017.
Alshon Jeffery Contract Guarantees
$8.75 million is fully guaranteed (signing bonus and base salary). If Jeffery completes the designated percentage of the offseason workout program required to earn his workout bonus, he’ll earn the $9.5 million regardless of performance.
Alshon Jeffery Cap Hits
All of his $9.5-million salary will count against the cap this year, and any of the $4.5-million incentives that are earned will count against either this year’s or next year’s salary cap, but as of now, it’s still unknown whether they are Likely or Not Likely To be Earned. It’s (up to) a $14-million tryout, and the team has no money invested beyond 2017.
Alshon Jeffery Contract Summary
From Jeffery’s perspective, it’s far from the deal anyone thought he would get, but if this deal says one thing: it’s that he’s willing to bet on himself to get the contract he feels he truly deserves. The long-term deal—at his number—didn’t come to fruition, so the former South Carolina Gamecock decided to use the 2017 season as a personal marketing campaign, so he can prove that he’s a number-one wide receiver and has put his injury and suspension issues behind him. This is another deal that a prohibition clause would be an important addition.