Contract Notes: Staley, Wilfork, Brad Smith

A source tells Rand Gatlin of Yahoo! Sports (Twitter link) that the 49ers are mulling the possibility of reworking Joe Staley‘s current contract, which he has outplayed. Staley, who will earn a total of $3.4MM in 2014, has a deal that runs through 2017, so he doesn’t have a whole lot of leverage at this point, but Gatlin’s source suggest the Niners recognize they’d be wise to address the situation to avoid having the offensive lineman become disenchanted (Twitter link).

Here’s more on a few other contracts around the league:

  • Ben Volin and Christopher Gasper of the Boston Globe pass along the details of the first year of Vince Wilfork‘s new contract with the Patriots in a pair of Twitter links. According to the Globe duo, the contract includes $2.5MM in signing bonus and base salary money, a $300K weight bonus, a $200K workout bonus, a $500K bonus for spending one game on the 53-man roster, up to $1.4MM in per-game roster bonuses, and additional incentives of about $3MM. In total, by my calculations, the team should create at least $3MM in 2014 cap savings with the move.
  • The Eagles recently restructured the contract for wide receiver Brad Smith, tweets Adam Caplan of ESPN.com. According to Caplan, the agreement reduced Smith’s cap number by $350K, but assured him $450K in guaranteed money.
  • E.J. Biggers‘ new one-year contract with the Redskins is a minimum salary benefit deal, according to Aaron Wilson of the Baltimore Sun (via Twitter). The pact includes a base salary of $730K, a signing bonus of $65K, and a cap hit of $635K.
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