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Matt Barkley contract includes $500,000 signing bonus

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Neither quarterback on the roster is making huge money, but there is a clear distinction between the two of them.

The San Francisco 49ers signed quarterback Matt Barkley last week, and as one would expect, his contract reflects that of a backup quarterback. USA Today NFL reporter Tom Pelissero is reporting Barkley signed a two-year deal worth $4 million, and got a $500,000 signing bonus. The deal includes no other guaranteed money. We don’t have the full details, but the signing bonus will prorate to $250,000 per year. Hypothetically, if he is earning $1.5 million and $2 million base salaries, the cap hits would be $1.75 million and $2.25 million.

Brian Hoyer did not get a deal that we normally see for starters around the league, but with $9.85 million in fully guaranteed money, he clearly is a higher peg on the QB depth chart. Barkley will get plenty of opportunities in the offseason, but in reality, he is competing for the No. 2 job.

The team will add at least one rookie to the mix, and my guess is they go into the 2017 season with Hoyer, Barkley, and a rookie on the depth chart, and then a quarterback on the practice squad. There are some veteran options out there, so it is possible we see another addition, but Hoyer and Barkley seem like a decent bet to be the primary veteran additions this offseason.