GREEN BAY, Wis. – The Green Bay Packers protected themselves, but also gave Letroy Guion the chance to earn his money as part of the three-year contract the veteran defensive tackle signed last week.
The deal is heavy on bonus money: $50,000 in per-game roster bonuses that could total up to $2.4 million over the life of the deal, plus another $1.7 million in roster and workout bonuses.
However, he received only a $500,000 signing bonus as part of the deal that totals $11.05 million, plus the possibility of another $500,000 in Pro Bowl bonuses.
Last season, Guion played under a one-year, $2.75 million deal after he agreed to a plea agreement following his arrest for marijuana possession.
Here's a year-by-year breakdown of his new contract:
2016
Cash value: $4 million
Salary-cap charge: $3,516,666
Signing bonus: $500,000
Roster bonus: $500,000 ($250,000 on May 3, $250,000 on Aug. 3)
Per-game roster bonuses: Up to $800,000 ($50,000 per game active)
Workout bonus: $200,000
Base salary: $2 million
2017
Cash value: $3.5 million
Salary-cap charge: $3,666,666
Roster bonus: $800,000 ($400,000 on third day of the new league year, $400,000 May 2.)
Per-game roster bonuses: Up to $800,000 ($50,000 per game active)
Workout bonus: $200,000
Base salary: $1.7 million
Escalator: $250,000 for making the Pro Bowl
2018
Cash value: $3.55 million
Salary-cap charge: $3,716,668
Per-game roster bonuses: Up to $800,000 ($50,000 per game active)
Base salary: $2.75 million
Escalator: $250,000 for making the Pro Bowl
Source: Packers' Letroy Guion will have to earn his money in new contract
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