2015 Salaries Become Guaranteed For Brees, Graham, Others

Saints quarterback Drew Brees and tight end Jimmy Graham are among the players whose 2015 base salaries become fully guaranteed today, according to former player agent Joel Corry of CBSSports.com. The contracts for Brees, Graham, Browns cornerback Joe Haden, and Buccaneers defensive tackle Gerald McCoy all call for guarantees on the third day of the 2015 waiver period, which is today.

For Brees, that means that his $18.75MM base salary for 2015 is now fully guaranteed (Twitter link). Combined with a $7.4MM prorated signing bonus charge and a $250K workout bonus, Brees now counts for $26.4MM against the Saints’ cap, though that number could be reduced if the veteran signal-caller restructures or extends his deal. As for Graham, his $2.9MM base salary for 2015 becomes guaranteed along with his $5MM roster bonus for this year (Twitter link). After counting for just $4MM against New Orleans’ cap in 2014, the tight end’s cap number jumps to $11MM for the coming year.

Like Brees, Haden will simply see his 2015 base salary ($8.3MM) guaranteed today, without any additional bonuses (Twitter link). That locks him in for an $11.7MM cap hit on the Browns’ books, which is actually a step down from 2014’s $12.13MM figure.

Finally, McCoy’s contract sees the most activity — not only will his $5MM base salary and $6.5MM roster bonus for 2015 become guaranteed, but he’ll also have his 2016 base salary ($6MM) guaranteed, ensuring that he secures $17.5MM in total guarantees today (Twitter links). The standout defensive lineman is on the books for a $14.595MM cap number for the coming season.

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