Cornerback Darrelle Revis is going back to New York. And he’s getting paid nearly enough to buy a large apartment there.
PFT has confirmed that Revis will receive $39 million fully guaranteed on a five-year, $70 million contract.
He’ll earn a base salary of $16 million in 2015, $17 million in 2016, $15 million in 2017, $11 million in 2018, and $11 million in 2019. All of those numbers are base salaries with the exception of 2017, which is split between a $2 million roster bonus due on the first day of the league year and a $13 million salary.
The first two years are fully guaranteed at signing, along with $6 million in 2017. It means that owner Woody Johnson will have to set aside $23 million in escrow to fund the guarantees beyond 2015.
It’s unclear how close the Patriots came to the offer made by the Jets. There’s talk that the Patriots actually dropped out of the bidding on Monday, unbeknownst to the Jets.