Here’s another detailed look at a deal done this week, as well as some information on some contract restructuring in New York:
- Josh Reynolds, WR (Lions): Two-year, $6MM. The contract has a guaranteed amount of $2.7MM, including a $1.5MM signing bonus and the full 2022 salary of $1.2MM, according to Aaron Wilson of Pro Football Network. Reynolds can really see a payday in 2023. That year of his deal has a base value of $1.8MM, a $1MM roster bonus activated on the third day of the 2023 league year, and $400,000 for the year in per game active bonuses (around $23,529 per game). The deal also holds $2MM of annual incentives based on catches, yards, and touchdowns as well as an additional $2MM incentive in 2023 based on team achievements, playoffs, and stats.
- The Giants recently came to agreements with wide receiver Sterling Shepard and linebacker Blake Martinez to restructure their contracts. The Athletic reporter Dan Duggan confirmed on Twitter that both deals are worth roughly $2.25MM in 2022 with incentives that can push the value up to about $5MM. The intention was to lower the two veterans’ cap hits and they will do that, dropping Martinez’s cap number from $14MM to about $8MM and Shepard’s number from $12.4MM to about $6.5MM.