Skip to content

Martellus Bennett deal is indeed worth $21 million over three years

Getty Images

No, Martellus Bennett’s contract isn’t worth $18.45 million over three years. It’s a standard three-year, $21 million, based on how contracts are typically valued and digested.

Per a source with knowledge of the deal, Bennett got a $6.3 million signing bonus. He’ll also receive a $900,000 base salary for 2017, a $3.6 million base salary for 2018, and a $5.65 million base salary for 2019. The deal also has a $2 million roster bonus due on the first day of the 2018 league year, along with $600,000 per year in per-game roster bonuses and $250,000 in annual workout bonuses.

That works out to $21 million over three years. It’s also worth $8.05 million in 2017 with an early decision due in 2018 as to whether the Packers will continue for another year.

The $21 million base value includes the per-game roster bonuses, a convention that has emerged in recent years despite the reality that a player who isn’t on the 46-man game-day roster doesn’t qualify for his weekly bonus. So it’s a bit of a fiction, but it’s used so commonly at this point that there’s no reason to begin stripping those numbers out now.

Or in other words, when in #scooptown. . . .

Permalink 20 Comments Feed for comments Latest Stories in: Green Bay Packers, Home, New England Patriots, Rumor Mill
20 Responses to “Martellus Bennett deal is indeed worth $21 million over three years”
  1. edelmanfanclub says: Mar 11, 2017 10:03 AM

    Somehow got a worse deal than Gresham

  2. pastabelly says: Mar 11, 2017 10:05 AM

    This is almost exactly what the Patriots offered him in November. The harsh reality is that Njoku and Howard are in this year’s draft for teams that really need tight ends.

  3. suncawy says: Mar 11, 2017 10:11 AM

    That 2 million dollar roster bonus for 2018 is a trick. If Bennett has a down year or becomes a problem, the Packers will cut him beore the 2018 league year. That roster bonus is like a trick teams play on players.

  4. ikeclanton says: Mar 11, 2017 10:19 AM

    I see him playing 2 out of the 3 years there. The keys to the full 3 years with him are injury related and attitude related.

    I think he’ll be productive with them, no doubt.

  5. streetyson says: Mar 11, 2017 10:39 AM

    pastabelly says:
    Mar 11, 2017 10:05 AM
    This is almost exactly what the Patriots offered him in November.
    ————————
    He was recently only offered a 1yr $7M extension by the Pats – though whether that relates to Nov, or whether Nov was a rumor, or was later taken off the table is a moot point – ultimately he got offered more than what the Pats put on the table now.

  6. alan226 says: Mar 11, 2017 10:54 AM

    I’m kind of surprised the Patriots didn’t jump on a deal like that for Bennett. Bennett at 7Mil or Dwayne Allen at 5mil.

    Something else going on here. I’m betting that Allen can get cut after 1 year with no cap hit, the Patriots trade Garopolo and then draft one of the big tight ends this year.

  7. LombardisHouse says: Mar 11, 2017 10:56 AM

    Ok Ted now sign Lang, Lacy, and a couple defensive players and wait a few weeks and get Cook on the cheap. Who am I kidding it’s Ted Thompson for God sake, we can only dream.

  8. pastabelly says: Mar 11, 2017 11:03 AM

    streetyson says:
    Mar 11, 2017 10:39 AM
    pastabelly says:
    Mar 11, 2017 10:05 AM
    This is almost exactly what the Patriots offered him in November.
    ————————
    He was recently only offered a 1yr $7M extension by the Pats – though whether that relates to Nov, or whether Nov was a rumor, or was later taken off the table is a moot point – ultimately he got offered more than what the Pats put on the table now.
    =======================================
    According to Michael Felger (the video is up on Comcast Sports New England), the Patriots offered him three years at $21 million in November. He turned it down.

  9. Mr. Wright 212 says: Mar 11, 2017 11:09 AM

    Giants could have had him back for this SMFH

  10. mrkbuilders says: Mar 11, 2017 11:19 AM

    He could have gotten that with New England. Sad to say but he thought he was getting 10-12M a year on the open market.

    Once he saw how accurate BB valued his worth (well below his own opinion), he left town feeling the egg on his face, not able to return to NE.

    Truth is, BB knows it’s a business. Nothing is personal. You could have signed back for another couple years as Gronk’s security.

    You’ll find out this year the differences between the GOAT and a Top 5 QB. Rodgers doesn’t win when it counts, otherwise they comeback and beat Atlanta in the NFCCG.

  11. Frazier28/7 says: Mar 11, 2017 11:47 AM

    Green Bay sure does love those Chicago rejects.

    Remember when quarterbacks were paid $7-8 million a year and that seemed like a lot?

  12. ajd4 says: Mar 11, 2017 12:04 PM

    mrkbuilders says:
    Mar 11, 2017 11:19 AM
    He could have gotten that with New England. Sad to say but he thought he was getting 10-12M a year on the open market.

    Once he saw how accurate BB valued his worth (well below his own opinion), he left town feeling the egg on his face, not able to return to NE.

    Truth is, BB knows it’s a business. Nothing is personal. You could have signed back for another couple years as Gronk’s security.

    You’ll find out this year the differences between the GOAT and a Top 5 QB. Rodgers doesn’t win when it counts, otherwise they comeback and beat Atlanta in the NFCCG.

    ——————————————————

    Tom Brady has had the greatest career ever but even Tom could not have come back in the NFCCG, the injury-depleted defense was out of gas and they could not stop Atlanta no matter what Rodgers could have done. Prior to that game, Rodgers basically willed them to win the previous 8 games, a loss in any of them would have ended their season, so they all counted.

    Talent-wise, Rodgers is better than Brady when he is on his game, he has shown he needs to be more consistent early in the season(when they don’t count as much?) where the Packers often have to rebound to make a playoff run and the team has fallen short since 2010.

    I don’t put that all on Rodgers though. Coaching and defense contributes to the slow starts that take a toll with less home playoff games and extended playoff type games at the end of the regular season because the slow starts leave no room for error. I doubt Bennett will suffer going from Brady to Rodgers, he will not notice a significant difference that you claim, he may even have a better year.

  13. filthymcnasty3 says: Mar 11, 2017 12:05 PM

    This deal insures that the Packers will continue their domination of the Loserville Vikings, and will once again advance further for the 8th straight year.

    Better football.

    For better people.

  14. Bluestree says: Mar 11, 2017 12:39 PM

    Expect Bennett to have better numbers with Rodgers. Not because of the QB, but because of how he will be used.
    If I were a Pats fan, I’d be more concerned about Gronk’s long term health than if Tom is better than this guy or that guy. Cook’s could really take the top off a defense, but that will be much easier to defend without a TE challenging the deep middle.

  15. linemanguy74 says: Mar 11, 2017 12:53 PM

    I thought when they signed Cook last year he was going to get them the title. The big thing pack has to worry about is if Rogers ego going to be repaired by the time season starts. In Bennett you get a part time player.

  16. cheeseisfattening says: Mar 11, 2017 1:01 PM

    Anyone who names their album Fast Food will be right at home in Green Bay. He will enjoy himself there plenty.

  17. youknowiknowitall says: Mar 11, 2017 1:12 PM

    Smart of Bennett to take the $8M now. No way he ever sees a dime of this deal in years 2 and 3.

  18. originate421 says: Mar 11, 2017 5:36 PM

    Great guy, great teammate who is loved everywhere he goes… wait… he is on his 5th team in 7 years?

  19. nyneal says: Mar 11, 2017 6:48 PM

    I just watched the replay of the 1960 documentary called The Violent World Of Sam Huff (former great MLB of the Giants and Redskins). It’s on Youtube.
    Walter Cronkite narrated it and at one point he said that Sam Huff was earning $12,000 that year and that “QB’s can earn up to $20,000 per year”.
    That show was the first tv program which focused on the violence in the NFL and the new Commissioner Pete Rozelle was not too happy about it. It caused quite a reaction when it was aired.
    If anyone wants to see a good show about the beginning of the modern age of the NFL, you can’t go wrong with that one. It would especially be a good watch for younger fans.

  20. dgt178blog says: Mar 12, 2017 8:33 PM

    Frazier28/7 says:
    Mar 11, 2017 11:47 AM

    Green Bay sure does love those Chicago rejects.

    ==================================

    …wrong……. that’s the purple pukes love those Packer rejects…..now scram, you skol-troll………..

Leave a Reply

You must be logged in to leave a comment. Not a member? Register now!