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Jimmy Garoppolo contract extension details includes sizable roster bonus in year 1

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Here are the details about Jimmy Garoppolo in all their glory.

The details are coming out regarding the specifics of Jimmy Garoppolo’s contract extension with the San Francisco 49ers. Adam Schefter has the scoop on his Facebook page, embedded below.

The deal includes a smaller $7 million signing bonus, but instead uses the 49ers huge amount of 2018 cap space by giving him a $28 million roster bonus. The roster bonus is guaranteed, and unlike a signing bonus, does not pro-rate over the five years of the contract. The cap hit of the $7 million will spread over five years, while the $28 million will all hit in 2018.

He is getting $42.6 million in year one money, between the two bonuses, his base salary, workout bonus, and per-game roster bonus. Through year two, he can make $61.2 million. Through year three, he can make $86.4 million.

Here is the full run down with projected cap hits. The 49ers are looking at a $37 million cap hit in 2018, which would leave them with approximately $76.8 million in cap space.

2018

Base salary: $6,200,000
Roster bonus: $28 million
Roster bonuses (paid over course of season): $800,000
Workout bonus: $600,000
Prorated SB: $1,400,000

Cap hit: $37,000,000

2019

Base salary: $17.2 million ($7.5 million guaranteed at signing)
Roster bonuses (paid over course of season): $800,000
Workout bonus: $600,000
Prorated SB: $1,400,000

Cap hit: $20,000,000

2020

Base salary: $23.8 million ($15.7 million guaranteed for injury)
Roster bonuses (paid over course of season): $800,000
Workout bonus: $600,000
Prorated SB: $1,400,000

Cap hit: $26,600,000

2021

Base salary: $24.1 million
Roster bonuses (paid over course of season): $800,000
Workout bonus: $600,000
Prorated SB: $1,400,000

Cap hit: $26,900,000

2022

Base salary: $24.2 million
Roster bonuses (paid over course of season): $800,000
Workout bonus: $600,000
Prorated SB: $1,400,000

Cap hit: $27,000,000

‪Jimmy Garoppolo deal:‬ ‪Signing bonus: $7 million.‬ ‪Guaranteed roster bonus: $28M‬ ‪2018 base salary: $6.2M (gtd)‬ ‪...

Posted by Adam Schefter on Friday, February 9, 2018