While the maximum value of running back Jamaal Charles‘ one-year contract with the Broncos is $3.75MM, the veteran runner could struggle to reach that total, as the as the majority of that figure can only be attained through incentives, Mike Klis of 9News details.
As Klis previously reported, Charles is scheduled to earn a veteran minimum base salary of $900K plus a $100K workout bonus, the latter of which is the only guaranteed portion of the contract. However, if Charles makes Denver’s Week 1 roster, he’ll bring in an additional $250K bonus. The 30-year-old can also earn $1.25MM in per-game active roster bonuses, per Klis.
Another $1.25MM is available for Charles through incentives. He’ll earn that entire total if the Broncos make the postseason and he reaches 1,000 all-purpose yards, according to Klis. Charles’ first incentive barrier is 500 all-purpose yards, although it’s unclear what financial figure he’ll reach if he meets that target.
For what it’s worth, Klis recently gave Charles only a 50-50 chance of making the Broncos’ roster. Other running backs on Denver’s depth chart include C.J. Anderson, Devontae Booker, Juwan Thompson, and De’Angelo Henderson.
Photo courtesy of USA Today Sports Images.