NFL Contract Details: Giants, Danna, Wright

Here are some details on contracts recently signed around the NFL:

  • Drew Lock, QB (Giants): One year, $5MM. Opposed to initial thoughts, the announced value of $5MM is pretty true to the actual value of Lock’s new deal, if not a bit underreported. According to Dan Duggan of The Athletic, the contract will have a guaranteed value of $4.95MM with only a $50K workout bonus not being guaranteed. As the projected starter for spring ball, Lock will almost certainly collect that workout bonus. In addition, Lock will be able to earn up to $3MM in incentives. $1MM can come from playing time ($250K for 40-49 percent of the team’s offensive snaps, $250K for 50-59 percent, $250 for 60-69 percent, and $250 for 70+ percent); $1MM can come from personal performance with a minimum of 224 pass attempts ($250K for 92.5 passer rating, $250K for a completion percentage of at least 65, $250K for 15 touchdown passes and an 88 passer rating, $250K for 2,000 passing yards and an 88 passer rating); and $1MM can come from playing time and team performance ($500K for 55-69 percent of the team’s offensive snaps and a playoff berth, $500K for 70+ percent and a playoff berth).
  • Isaiah McKenzie, WR (Giants): One year, $1.38MM. Per Duggan, McKenzie’s new contract has a guaranteed amount consisting of a $75K signing bonus, a much lower signing bonus than other New York receivers on veteran minimum deals. He can make an additional $92.5K in per game active roster bonuses for the year.
  • Jordan Phillips, DT (Giants): One year, $1.8MM. Duggan also gave us details on Phillips’ new deal, reporting a guaranteed amount of $430K in the form of a signing bonus. Phillips can earn an additional $100K in a workout bonus and $50K in per game active roster bonuses.
  • Mike Danna, DE (Chiefs): Three years, $24MM. The $13MM of guaranteed money that was originally reported is comprised of a $6.5MM signing bonus, the entirety of Danna’s 2024 base salary of $2.25MM, and $4.25MM of his 2025 base salary (worth a total of $5.24MM). Danna can earn a workout bonus of $250K in each of year of the deal and will receive per game active roster bonuses in the second and third years of the deal that can total up to $510K per year.
  • Brock Wright, TE (Lions): Three years, $12MM. The Lions matched the 49ers’ offer sheet for Wright and signed him to a new deal that includes a guaranteed amount of $4.6MM. That amount consists of a $3.55MM signing bonus and Wright’s 2024 base salary of $1.06MM. Next year, Wright can earn a potential option bonus of $2.23MM and workout bonuses of $50K apiece in the second and third years of the deal. Also, in those back two years, Wright can earn $255K in $15K per game active roster bonuses in 2025 and $340K in $20K per game active roster bonuses in 2026. The contract also includes a potential out after the second year that would allow Detroit to avoid a $4.85MM cap hit with only $2.13MM of dead cap.
View Comments (0)