The Jaguars reworked safety Rayshawn Jenkins‘ contract earlier this week, creating a chunk of cap space. Per Jason Fitzgerald of OverTheCap.com, the team converted more than $6.4MM of Jenkins’ salary into a signing bonus and added three void years to the contract. As a result, the team dropped the defensive back’s cap number from $10.5MM to $5.3MM, thus opening more than $5MM in cap space.
Jenkins’ 2024 cap number will rise by more than $1MM. In the event the Jaguars eventually move on from the player, they’ll be left with a dead cap hit of $5.1MM in 2024 or $3.85MM in 2025.
We’ve collected more contract notes below:
- Calais Campbell‘s one-year, $7MM deal with the Falcons includes a $4MM guaranteed salary and a $3MM signing bonus, per Aaron Wilson of ProFootballNetwork.com (via Twitter). He can earn another $2MM via incentives, including marks for sacks and playing time. According to ESPN’s Michael Rothstein (on Twitter), $500K of Campbell’s incentives are likely to be earned.
- Defensive tackle Johnathan Hankins inked a one-year, $1.16MM deal with the Cowboys that also includes an $152K signing bonus, per Wilson (on Twitter). After starting 116 of his 117 appearances between 2014 and 2021, Hankins only started four of his 10 appearances for the Raiders and Cowboys last season.
- Running back Devin Singletary‘s new deal with the Texans includes up to $1MM in incentives, per Wilson (on Twitter). Half of those bonuses come via playing time incentives, and he can earn another $500K for certain statistical milestones above 1,000 yards from scrimmage.
- Dallin Leavitt’s one-year contract with the Packers is worth $1.4MM, including a $1.08MM base salary, according to ESPN’s Rob Demovsky (on Twitter). He can earn up to $170K in roster bonuses, all via $10K per-game roster incentives. Demovsky also passes along that Justin Hollins got an $155K signing bonus and $45K workout bonuses from the Packers, while Eric Wilson got an $152K signing bonus.
- Defensive lineman Carlos Watkins got a one-year, $1.67MM deal from the Cardinals, according to Howard Balzer (on Twitter). This includes a $250K signing bonus, an $1.08MM signing bonus, and up to $340K in per-game roster bonuses. That all results in an $1.57MM cap hit.
- Jordan Phillips‘ contract with the Bills is for one year worth $3MM, per Ryan O’Halloran of The Buffalo News (on Twitter). He’ll earn $1.22MM in guaranteed money, and he can earn up to $4.6MM thanks to incentives.
I forget which game it was, but a reporter asked R Jenkins what was the biggest difference between Urban and Doug teams? He said ‘coaching.’! Classic. He had some great plays last year; the pick 6 to win in OT was awesome. Congrats to him getting cash up front.