Safety Landon Collins can now sign his contract in Washington, and here’s a summary of the terms of the deal that Collins will receive.
1. Signing bonus: $15 million.
2. 2020 option bonus (fully guaranteed): $6 million.
3. 2019 base salary (fully guaranteed): $1 million.
4. 2020 base salary (fully guaranteed): $10 million.
5. 2021 base salary: $12.5 million, $5 million of which is fully guaranteed signing, with the rest guaranteed for injury at signing and fully guaranteed as of the fifth day of the 2021 league year.
6. 2022 base salary: $11.5 million.
7. 2023 base salary: $12.5 million.
8. 2024 base salary: $13.5 million.
9. 2021-2024 per-game roster bonuses: $31,250 per game; $500,000 per year.
10. 2020-2024 workout de-escalators: $200,000 per year.
11. 2019 workout de-escalator: $175,000.
The deal has a full guarantee of $37 million at signing, with a total guarantee of $44.5 million.
The total value is $84 million over six years, with $16 million paid out in 2019, a total of $32 million paid out through year two, and a total of $45 million paid out through year three.