After a lengthy saga that involved a franchise tag, a fireworks accident, and a series of physical exams, Jason Pierre-Paul officially signed a contract this week with the Giants, aiming to return to the team for the second half of the 2015 season.
Pierre-Paul’s franchise tag was initially worth $14.13MM, but after missing seven weeks, the standout defensive end would’ve only been eligible to earn up to about $8.71MM, the prorated portion of that season-long figure. With the Giants reluctant to guarantee that full amount, and Pierre-Paul not wanting to risk being placed on the non-football injury list, the two sides worked out a compromise.
Here are all the details on JPP’s new one-year contract with the Giants:
- Perhaps most importantly, the Giants agreed not to place Pierre-Paul on the NFI list as part of their agreement, meaning the veteran pass rusher will once again be eligible for free agency at season’s end (Twitter links via Jason La Canfora of CBSSports.com). If the Giants had placed JPP on NFI, they may have been able to bring him back at the same price as his 2015 franchise tag.
- Pierre-Paul receives $1.5MM in guaranteed base salary, and can earn up to $1.5MM in per-game roster bonuses, according to Mike Garafolo of FOX Sports. The Giants have a roster exemption for JPP for the next two weeks, which means he’d only have to play in the club’s final seven games to max out his per-game bonuses — he’ll earn about $214K for each game he spends on the active roster.
- According to Garafolo, Pierre-Paul can earn up to another $5.71MM or so, via playing-time and sack incentives. Rand Getlin of the NFL Network confirms (via Twitter) that the one-year deal is worth a maximum of $8,713,530 — the prorated franchise tag figure for 10 weeks.
- La Canfora provides the specifics on those incentives, which are fairly convoluted. Essentially, if Pierre-Paul plays in at least 80% of the team’s defensive snaps over the final seven games, he’d earn a max of $3.85MM in playing-time incentives (Twitter link). If he records 10 or more sacks, JPP would max out both his sack and playing-time incentives, and earn his full $8.71MM salary (Twitter links). Of course, racking up 10 sacks in seven games is a tall order for even a fully healthy star, so the 26-year-old’s earnings for the season will very likely fall below that $8.71MM figure.