Inside the Jameis Winston deal, which has a $16 million upside

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Jameis Winston is still waiting for a major second contract. He’ll keep waiting for another year or two. Until then, he’ll make a decent salary from the Saints — and he’ll potentially earn even more.

PFT has obtained a breakdown of the Winston contract. Here are the details.

1. Signing bonus: $14 million.

2. 2022 base salary: $1.2 million, fully guaranteed.

3. 2023 base salary: $12.8 million, $5.8 million of which is guaranteed for injury and signing and becomes fully guaranteed on the third day of the 2023 league year.

So while it’s a two-year, $28 million deal, the Saints can get out of it after one year, for only $15.2 million — unless Winston is unable to pay a physical by next March.

The contract has three voidable years for cap purposes, allowing the $14 million signing bonus to be spread over five years.

The deal also includes a whopping $16 million in incentives, with the same $8 million package in 2022 and 2023.

For each playoff win in which Winston plays at least 50 percent of the snaps, he gets $500,000, up to $2 million per year. For taking at least 70 percent of the snaps and having the team make the playoffs, he gets $500,000 per year. If he has a passer rating of 93.0 or more and the team makes the playoffs, he gets another $1 million per year. If he completes at least 65 percent of his passes and the team makes the playoffs, he gets another $500,000 per year. If he takes at least 70 percent of the snaps and the team finishes in the top 10 in total offense, he receives another $500,000 per year.

He also gets $500,000 in either or both years for making it to the Pro Bowl, $1.5 million for being the NFL’s offensive player of the year in either or both years, and $1.5 million for winning the Super Bowl MVP award in either or both years.

So, yeah, it won’t be easy to get the full $8 million in 2022 or 2023. And if he does enough to earn the full $8 million in either year, he’ll definitely get the major second contract that has eluded him, so far.

7 responses to “Inside the Jameis Winston deal, which has a $16 million upside

  1. A one year 15 million deal with 5 years to pay it off that’s a hell of a team friendly layaway deal.

  2. Still over paying But not better option out there…
    No Sean Peyton, no Drew Brees, Kamara is the Saints and if he does get into legal troubles, Saints got NO chance…

    Saints, Panthers and Falcons looking far lesser than their recent past years!

  3. Tom Brady took less. Drew Brees took less. Peyton Manning took less. They all won. Way to be a leader Winston.

  4. Given the market, this is a very team-friendly deal. Winston was making progress under Sean Payton; if he can leverage what he learned and displayed before he got hurt last year across a full season, and maintain discipline both on and off the field, his talent will shine through and it will be a helluva deal for the Saints.

  5. The fact they still brought Winston back after missing on Watson tells you everything you need to know about Hill.

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