The Buffalo Bills really wanted running back LeSean McCoy to be a member of the team — and to be happy about it. He now is.
In advance of a trade that will be finalized on Tuesday, the Bills have given McCoy a new five-year contract that increases his compensation for 2015 from $10.25 million to a whopping $16 million.
From agents Drew and Jason Rosenhaus, here’s the full deal.
McCoy gets a $13.125 million signing bonus and a $2.625 million salary for 2015. Coupled with a $250,000 workout bonus, that’s $16 million in year one.
Next year, McCoy gets a $4.8 million salary and a $250,000 workout bonus. In 2017, the salary moves to $6 million, with a $250,000 workout bonus. In 2018, the salary becomes $6.075 million, with the same workout bonus. In 2019, the salary is $6.175 million, with the same workout bonus.
Notice that the salaries don’t spike on the back end. That increases the likelihood of McCoy finishing the full five years.
The cap numbers are $5.5 million in 2015, $7.675 million in 2016, $8.875 million in 2017, $8.95 million in 2018, and $9.05 million in 2019.
Of the $40.05 million contract, $26.55 million is guaranteed. $18.25 million is fully guaranteed at signing; that comes from the signing bonus, the 2015 salary, and $2.5 million of the 2016 salary. The rest of the total $4.8 million salary becomes fully guaranteed on the first day of the 2016 league year.
So that’s $20.8 million that McCoy will most likely earn over the next two seasons. After that, it becomes a fairly reasonable year-to-year deal.