The Falcons have extended the contract of veteran defensive tackle Grady Jarrett. Here’s a look inside the details of the deal.
Per a source with knowledge of the terms, here goes:
1. Signing bonus: $16.5 million.
2. 2022 base salary: $1.47 million, fully guaranteed.
3. 2023 base salary: $16.5 million, fully guaranteed.
4. 2024 base salary: $15.25 million.
5. 2024 offseason roster bonus: $1 million, due fifth day of league year.
6. 2025 base salary: $15.25 million.
7. 2025 offseason roster bonus: $1 million, due fifth day of league year.
8. 2024-25 escalators: $500,000, triggered by making the Pro Bowl in 2023 and 2024, respectively.
The four-year contract pays out $32.47 million fully guaranteed at signing.
It’s a very high annual average -- $16.5 million -- for a guy who is 28. Previously, Steelers defensive tackle Cam Heyward signed a $16.4 million contract at that age.
In all, it’s a surprising outcome given the chatter that Jarrett would be traded. That didn’t happen, obviously. He’ll continue to be sticking around.