2013 Draft

Post June 1st Steelers 2013 Salary Cap Update & Rookie Draft Pick Contracts

Now that the Pittsburgh Steelers have wrapped up all of their OTA sessions of the 2013 season they head into next week with eight of their nine 2013 draft picks under contract, as only fourth-round quarterback Landry Jones remains unsigned.

This past week the Steelers signed linebacker Jarvis Jones, running back Le\’Veon Bell and defensive end Nick Williams, and all of their contracts have been filed with the NFLPA.

Below is a look at all eight of the rookie contracts, and it should be noted that the contract of Jarvis Jones is fully guaranteed and also includes a fifth-year club option in addition.

Now that the $5.5 million base salary of Willie Colon is off the books, the Steelers have a little more than $4.2 million of cap space to work with moving forward with their Rule of 51, which is plenty of room to get an extension or two done before the start of the 2013 season.

Keep in mind that displacement is still in play with the Rule of 51 in addition, so that means there is also plenty of room to add a veteran player or two, especially if those players agree to one-year qualified contracts that come with reduced cap charges.

Jarvis Jones – First Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $1,177,818 $0 $1,582,818
2014 $800,705 $1,177,818 $0 $1,978,523
2015 $1,196,410 $1,177,818 $0 $2,374,228
2016 $1,592,115 $1,177,818 $0 $2,769,933
TOTAL $3,994,230 $4,711,272 $0 $8,705,502
Le\’Veon Bell – Second Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $344,200 $0 $749,200
2014 $495,000 $344,200 $97,300 $936,500
2015 $779,600 $344,200 $0 $1,123,800
2016 $966,900 $344,200 $0 $1,311,100
TOTAL $2,646,500 $1,376,800 $97,300 $4,120,600
Markus Wheaton – Third Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $147,844 $0 $552,844
2014 $515,000 $147,844 $0 $662,844
2015 $605,000 $147,844 $0 $752,844
2016 $695,000 $147,844 $0 $842,844
TOTAL $2,220,000 $591,376 $0 $2,811,376
Shamarko Thomas – Fourth Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $113,287 $0 $518,287
2014 $495,000 $113,287 $0 $608,287
2015 $585,000 $113,287 $0 $698,287
2016 $675,000 $113,287 $0 $788,287
TOTAL $2,160,000 $453,148 $0 $2,613,148
Landry Jones – Fourth Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $109,805 $0 $514,805
2014 $495,000 $109,805 $0 $604,805
2015 $585,000 $109,805 $0 $694,805
2016 $675,000 $109,805 $0 $784,805
TOTAL $2,160,000 $439,220 $0 $2,599,220
Terry Hawthorne – Fifth Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $47,513 $0 $452,513
2014 $495,000 $47,513 $0 $542,513
2015 $585,000 $47,513 $0 $632,513
2016 $675,000 $47,513 $0 $722,513
TOTAL $2,160,000 $190,052 $0 $2,350,052
Justin Brown – Sixth Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $26,018 $0 $431,018
2014 $495,000 $26,018 $0 $521,018
2015 $585,000 $26,018 $0 $611,018
2016 $675,000 $26,018 $0 $701,018
TOTAL $2,160,000 $104,072 $0 $2,264,072
Vince Williams – Sixth Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $19,670 $0 $424,670
2014 $495,000 $19,670 $0 $514,670
2015 $585,000 $19,670 $0 $604,670
2016 $675,000 $19,670 $0 $694,670
TOTAL $2,160,000 $78,680 $0 $2,238,680
Nick Williams- Seventh Round
YEAR BASE BONUS PRORATION ROSTER BONUS CAP CHARGE
2013 $405,000 $14,462 $0 $419,462
2014 $495,000 $14,462 $0 $509,462
2015 $585,000 $14,462 $0 $599,462
2016 $675,000 $14,462 $0 $689,462
TOTAL $2,160,000 $57,848 $0 $2,217,848
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