Several people have emailed me asking about the contracts signed by rookie draft picks Thaddeus Gibson & Doug Worthington. Both signed 3 year contracts and are identical in base salaries. Gibson had the much higher signing bonus of the two as expected as he was drafted in the 4th round versus Worthington who was a 7th round pick. Of course there is no salary cap in 2010, but I have broken down the players contracts by year and salary cap charge for future reference.
Player | POS | Years | Bonus | 2010 Base | 2010 Cap | 2011 Base | 2011 Cap | 2012 Base | 2012 Cap |
---|---|---|---|---|---|---|---|---|---|
Thaddeus Gibson | OLB | 3 | $366,015 | $320,000 | $442,005 | $405,000 | $527,005 | $490,000 | $612,005 |
Doug Worthington | DT | 3 | $33,315 | $320,000 | $331,105 | $405,000 | $416,105 | $490,000 | $501,105 |