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Old 03-16-2013   #1138
handswarmer
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Default Re: Ed Reed to visit Texans

Quote:
Originally Posted by thunderkyss View Post
If that's the case, then the details of his contract has been grossly overstated.
$6.8 + $14.8 + $29 = $50.6M, but that's counting portions of the $29M bonus twice since some of it should already be built into his cap hits for the first two years.
The back end ofthe contract should be ignored- it will be re-structured after year 3 so it doesn't really count. Here are the total numbers forthe three years that count-

Year Salary Bonus Options Cap hit
2013 $1mill $5mill $0 $6.8mill

2014 $6mill $5.8mill $3mill $14.8mill

2015 $4mill $5.8mill $4.75mill $14.55mill
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