:format(webp)/cdn.vox-cdn.com/uploads/chorus_image/image/34133105/20131208_kkt_se9_049.0.jpg)
Last week, the San Francisco 49ers came to terms on a 6-year contract extension with Colin Kaepernick worth $114 million, and the potential to be worth up to $126 million. The deal was initially reported to include $61 million in guaranteed money. It turned out to be $12,973,766 in fully guaranteed money, and then an additional $48,026,234 in injury guarantees.
Given the stratosphere to which this propels Kaepernick, I thought it would be interesting to compare his deal with that of other big money quarterbacks. More specifically, I wanted to look at Aaron Rodgers, Matt Ryan, Joe Flacco, Drew Brees, and Peyton Manning.
We'll open with a quick recap of Kap's contract, before breaking down the other QBs with some help from Over The Cap.
Colin Kaepernick
Kaepernick received a $12,328,766 signing bonus, plus a guaranteed 2014 base salary of $645,000. He received $48,026,234 in rolling injury guarantees. His 2015-2017 salaries are completely guaranteed for injury, while his 2018 salary has $5,226,234 in injury guarantees. Each of his base salaries for the length of the deal (2015-2020) become fully guaranteed on April 1 of that particular league year.
Kaepernick also has $2 million escalators tied to certain achievements. He unlocks the escalators if he is named to the Associated Press 1st or 2nd All Pro team. He also unlocks the escalators if he wins the NFC Championship Game, and plays in 80 percent of regular season snaps and 80 percent of postseason snaps. If he reaches the achievement in 2014, all $12 million is unlocked. If he does not reach it in 2014, but does in 2015, $10 million is unlocked. If he does not reach it in 2014 or 2015, but does in 2016, $8 million is unlocked. And so forth/
From 2015 through 2020, Kaepernick can also earn up to $2 million in roster bonuses, tied to the game-day active roster. Finally, he can earn $400,000 workout bonuses each year, starting in 2015, and running through 2020.
|
Year |
Base |
Prorated |
Roster |
Workout |
Other |
Cap |
Dead |
Cap |
|
Salary |
Bonus |
Bonus |
Bonus |
Bonus |
Number |
Money |
Savings |
|
|
2014 |
$645,000 |
$3,022,444 |
$0 |
$100,000 |
$0 |
$3,767,444 |
$13,530,457 |
($9,763,013) |
|
2015 |
$10,400,000 |
$2,465,753 |
$2,000,000 |
$400,000 |
$0 |
$15,265,753 |
$9,863,013 |
$5,402,740 |
|
2016 |
$11,900,000 |
$2,465,753 |
$2,000,000 |
$400,000 |
$0 |
$16,765,753 |
$7,397,260 |
$9,368,493 |
|
2017 |
$14,500,000 |
$2,465,753 |
$2,000,000 |
$400,000 |
$0 |
$19,365,753 |
$4,931,507 |
$14,434,246 |
|
2018 |
$15,000,000 |
$2,465,754 |
$2,000,000 |
$400,000 |
$0 |
$19,865,754 |
$2,465,754 |
$17,400,000 |
|
2019 |
$16,800,000 |
$0 |
$2,000,000 |
$400,000 |
$0 |
$19,200,000 |
$0 |
$19,200,000 |
|
2020 |
$19,000,000 |
$0 |
$2,000,000 |
$400,000 |
$0 |
$21,400,000 |
$0 |
$21,400,000 |
Here are the top five contracts at the quarterback position.
Aaron Rodgers
Rodgers signed a $110 million extension in 2013, which guaranteed $54 million upon signing, with an APY of $22 million. Of the $54 million guaranteed, he received a $35 million signing bonus, plus a 2014 roster bonus, worth $9.5 million, and a 2015 roster bonus, worth $9.5 million.
Rodgers is also eligible for annual $600,000 roster bonuses, tied to the game-day active roster, running from 2015-2019. He can also earn $500,000 workout bonuses every year of the deal.
|
Year |
Base |
Prorated |
Roster |
Workout |
Other |
Cap |
Dead |
Cap |
|
Salary |
Bonus |
Bonus |
Bonus |
Bonus |
Number |
Money |
Savings |
|
|
2013 |
$4,500,000 |
$7,000,000 |
$0 |
$500,000 |
$0 |
$12,000,000 |
$54,000,000 |
($42,000,000) |
|
2014 |
$900,000 |
$6,650,000 |
$9,500,000 |
$500,000 |
$0 |
$17,550,000 |
$45,600,000 |
($28,050,000) |
|
2015 |
$1,000,000 |
$6,650,000 |
$10,100,000 |
$500,000 |
$0 |
$18,250,000 |
$29,450,000 |
($11,200,000) |
|
2016 |
$11,500,000 |
$6,650,000 |
$600,000 |
$500,000 |
$0 |
$19,250,000 |
$13,300,000 |
$5,950,000 |
|
2017 |
$12,550,000 |
$6,650,000 |
$600,000 |
$500,000 |
$0 |
$20,300,000 |
$6,650,000 |
$13,650,000 |
|
2018 |
$19,800,000 |
$0 |
$600,000 |
$500,000 |
$0 |
$20,900,000 |
$0 |
$20,900,000 |
|
2019 |
$20,000,000 |
$0 |
$600,000 |
$500,000 |
$0 |
$21,100,000 |
$0 |
$21,100,000 |
Matt Ryan
Ryan signed a $103.75 million extension in 2013, which guaranteed $42 million upon signing, with an APY of $20.75 million. Of the $42 million guaranteed, he received a $28 million signing bonus, and a $12 million option bonus in 2014. Also note that his 2014 base salary, worth $9.5 million, and $7.5 million of his 2015 base salary became guaranteed on February, 5th, 2014.
|
Year |
Base |
Prorated |
Roster |
Workout |
Other |
Cap |
Dead |
Cap |
|
Salary |
Bonus |
Bonus |
Bonus |
Bonus |
Number |
Money |
Savings |
|
|
2013 |
$2,000,000 |
$7,600,000 |
$0 |
$0 |
$0 |
$9,600,000 |
$44,000,000 |
($34,400,000) |
|
2014 |
$9,500,000 |
$8,000,000 |
$0 |
$0 |
$0 |
$17,500,000 |
$51,400,000 |
($33,900,000) |
|
2015 |
$11,500,000 |
$8,000,000 |
$0 |
$0 |
$0 |
$19,500,000 |
$33,900,000 |
($14,400,000) |
|
2016 |
$15,750,000 |
$8,000,000 |
$0 |
$0 |
$0 |
$23,750,000 |
$18,400,000 |
$5,350,000 |
|
2017 |
$15,750,000 |
$8,000,000 |
$0 |
$0 |
$0 |
$23,750,000 |
$10,400,000 |
$13,350,000 |
|
2018 |
$19,250,000 |
$2,400,000 |
$0 |
$0 |
$0 |
$21,650,000 |
$2,400,000 |
$19,250,000 |
Joe Flacco
Flacco signed a $120.6 million contract with the Ravens in 2013. The deal had an APY of $20.1 million, and had $29 million guaranteed at signing. His guaranteed money was a $29 million signing bonus. He also received a $15 million option bonus in 2014, and is eligible for a $7 million option bonus, due in 2015.
|
Year |
Base |
Prorated |
Roster |
Workout |
Other |
Cap |
Dead |
Cap |
|
Salary |
Bonus |
Bonus |
Bonus |
Bonus |
Number |
Money |
Savings |
|
|
2013 |
$1,000,000 |
$5,800,000 |
$0 |
$0 |
$0 |
$6,800,000 |
$29,000,000 |
($22,200,000) |
|
2014 |
$6,000,000 |
$8,800,000 |
$0 |
$0 |
$0 |
$14,800,000 |
$38,200,000 |
($23,400,000) |
|
2015 |
$4,000,000 |
$10,550,000 |
$0 |
$0 |
$0 |
$14,550,000 |
$36,400,000 |
($21,850,000) |
|
2016 |
$18,000,000 |
$10,550,000 |
$0 |
$0 |
$0 |
$28,550,000 |
$25,850,000 |
$2,700,000 |
|
2017 |
$20,600,000 |
$10,550,000 |
$0 |
$0 |
$0 |
$31,150,000 |
$15,300,000 |
$15,850,000 |
|
2018 |
$20,000,000 |
$4,750,000 |
$0 |
$0 |
$0 |
$24,750,000 |
$4,750,000 |
$20,000,000 |
Drew Brees
Brees signed a $100 million contract with the Saints in 2012. The deal had an APY of $20 million, and included $40 million in guaranteed money. The guaranteed money included a $37 million signing bonus, and his 2012 base salary, worth $3 million.
Brees is also eligible for $250,000 workout bonuses, which started in 2014, and run throughout the life of the deal.
|
Year |
Base |
Prorated |
Roster |
Workout |
Other |
Cap |
Dead |
Cap |
|
Salary |
Bonus |
Bonus |
Bonus |
Bonus |
Number |
Money |
Savings |
|
|
2012 |
$3,000,000 |
$7,400,000 |
$0 |
$0 |
$0 |
$10,400,000 |
$40,000,000 |
($29,600,000) |
|
2013 |
$9,750,000 |
$7,400,000 |
$0 |
$250,000 |
$0 |
$17,400,000 |
$29,600,000 |
($12,200,000) |
|
2014 |
$10,750,000 |
$7,400,000 |
$0 |
$250,000 |
$0 |
$18,400,000 |
$22,200,000 |
($3,800,000) |
|
2015 |
$18,750,000 |
$7,400,000 |
$0 |
$250,000 |
$0 |
$26,400,000 |
$14,800,000 |
$11,600,000 |
|
2016 |
$19,750,000 |
$7,400,000 |
$0 |
$250,000 |
$0 |
$27,400,000 |
$7,400,000 |
$20,000,000 |
Peyton Manning
Manning signed a $96 million contract with the Broncos in the 2012 offseason, after being released by the Indianapolis Colts. His deal included an APY of $19.2 million, with $18 million guaranteed upon signing. His guarantee was his 2012 base salary, worth $18 million.
From what I can tell from the numbers, Manning must have received an option bonus, worth $10 million. His 2015 base salary is guaranteed if he is on the roster at the end of the 2014 season, and his 2016 base salary is guaranteed, as long as he is on the roster at the end of 2015.
|
Year |
Base |
Prorated |
Roster |
Workout |
Other |
Cap |
Dead |
Cap |
|
Salary |
Bonus |
Bonus |
Bonus |
Bonus |
Number |
Money |
Savings |
|
|
2012 |
$18,000,000 |
$0 |
$0 |
$0 |
$0 |
$18,000,000 |
$18,000,000 |
$0 |
|
2013 |
$15,000,000 |
$2,500,000 |
$0 |
$0 |
$0 |
$17,500,000 |
$40,000,000 |
($22,500,000) |
|
2014 |
$15,000,000 |
$2,500,000 |
$0 |
$0 |
$0 |
$17,500,000 |
$22,500,000 |
($5,000,000) |
|
2015 |
$19,000,000 |
$2,500,000 |
$0 |
$0 |
$0 |
$21,500,000 |
$5,000,000 |
$19,000,000 |
|
2016 |
$19,000,000 |
$2,500,000 |
$0 |
$0 |
$0 |
$21,500,000 |
$2,500,000 |
$19,000,000 |
For note, I have included this time in the cap tables, the potential cap savings, and dead money, if released or traded.
As always you can follow me on twitter @Jay_AB81, or check out Niner Cap Hell for more salary cap related information.