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Contract details are out for Siran Neal’s new deal

A very reasonable deal for a core special teamer

Contract details are out for Buffalo Bills cornerback Siran Neal’s new deal, via Spotrac. He signed it in February instead of becoming a free agent in March. The deal is worth up to $9 million including all the incentives (both those incentives are very easy to earn).

It starts with a $1.6 million signing bonus as part of $2.9 million in guaranteed money. The only other full guarantee is his 2022 salary of $1.3 million. He has a $400,000 roster bonus that’s guaranteed against injury.

His base salaries are $1.3 million, $1.94 million, and $2.04 million over the three seasons. He has $400,000 roster bonuses in each of the final two years of the deal. All three seasons have a $100,000 workout bonus and $20,000 per-game active bonuses up to $340,000. That bonus is Likely to Be Earned in 2022. (Neal has only missed one game in his career, so it’s a good bet he sees the majority of these incentives.)

Here are the yearly breakdowns:

2022
Signing bonus: $533,333
Workout bonus: $100,000
Base salary: $1.3 million (fully guaranteed)
Per-game bonus: $340,000 ($20k per game)

Cap hit: $2,273,333

2023
Signing bonus: $533,333
Roster bonus: $400,000 (injury guaranteed)
Workout bonus: $100,000
Base salary: $1.94 million
Per-game bonus: $340,000 ($20k per game)

Cap hit: $3,313,333
Dead cap: $1,066,667
Cap savings if cut: $2,246,666

2024
Signing bonus: $533,333
Roster bonus: $400,000
Workout bonus: $100,000
Base salary: $2.04 million
Per-game bonus: $340,000 ($20k per game)

Cap hit: $3,413,333
Dead cap: $533,333
Cap savings if cut: $2.88 million