The Buffalo Bills agreed to terms with former Dallas Cowboys slot receiver Cole Beasley on Tuesday. As the Bills fortify their wide receiver corps, they are investing a nice chunk of change but not handicapping themselves in the future. Let’s get to the final contract details, via ESPN’s Mike Rodak.
The contract begins with two bonuses; one a signing bonus that is pro-rated over the life of the deal followed almost immediately by a roster bonus in a few days for a total of $8.25 million. His guaranteed salary of $2.2 million rounds out the guaranteed money in the contract. He also gets a $200,000 workout bonus and can earn up to $500,000 in per-game roster bonuses in 2019.
After that, there is no more guaranteed money.
The salaries are $4.4 million in 2020, $4.7 million in 2021, and $4.9 million in 2022. He has $500,000 in roster bonuses earned by being on the roster on the 5th day of the league year, $200,000 workout bonuses, and up to $500,000 in per-game roster bonuses each of the final three years, as well.
It’s a deal Buffalo can get out of very easily after year one if they want to, giving them flexibility in the future.
2019
Pro-rated portion of signing bonus: $1.5 million
Roster bonus: $2.25 million (guaranteed)
Workout bonus: $200,000
Salary: $2.2 million (guaranteed)
Per-game roster bonuses: $31,250 per game, max $500,000
Cap hit: $6.65 million
2020
Pro-rated portion of signing bonus: $1.5 million
Roster bonus: $500,000
Workout bonus: $200,000
Salary: $4.4 million
Per-game roster bonuses: $31,250 per game, max $500,000
Cap hit: $7.1 million
Dead cap hit: $4.5 million (if released before roster bonus)
Cap savings if cut: $2.6 million (if released before roster bonus)
2021
Pro-rated portion of signing bonus: $1.5 million
Roster bonus: $500,000
Workout bonus: $200,000
Salary: $4.7 million
Per-game roster bonuses: $31,250 per game, max $500,000
Cap hit: $7.4 million
Dead cap hit: $3 million (if released before roster bonus)
Cap savings if cut: $4.4 million (if released before roster bonus)
2022
Pro-rated portion of signing bonus: $1.5 million
Roster bonus: $500,000
Workout bonus: $200,000
Salary: $4.9 million
Per-game roster bonuses: $31,250 per game, max $500,000
Cap hit: $7.6 million
Dead cap hit: $1.5 million (if released before roster bonus)
Cap savings if cut: $6.1 million (if released before roster bonus)