03-26-2021, 11:43 AM
(03-26-2021, 10:32 AM)fredtoast Wrote: Here is what he gets paid each year under the deal
$14.3 million..2020
$ 5.4 million..2021
$ 8.7 million..2022
$10.1 million..2023
$10.3 million..2024
Five year $48.8 million. Less than $10 million per year.
2020 was already under contract, as it was part of his rookie deal. That's why the extension was set at 4 years, and not 5. (I think you know this)
The cost to extend to him (his market price and the cost moving forward) was set at 4 years 48 million dollars.
Here's how it breaks down in cap hits:
2021 ------------------------------------- 8.137
2022 ------------------------------------- 11.450
2023 ------------------------------------- 12.850
2024 --------------------------------------13.133
Bonus frontloaded onto 2020 --------- 2.43
Total -------------------------------------- 48 million dollars
You can see for yourself in here: https://www.spotrac.com/nfl/cincinnati-bengals/joe-mixon-21789/