Jump to content

Housh Contract Breakdown


Recommended Posts

courtesy kffl...

Bengals | Houshmandzadeh Contract Breakdown - from www.KFFL.com

Wed, 9 Mar 2005 05:56:55 -0800

Updating previous reports, the four-year deal WR T.J. Houshmandzadeh signed with the Cincinnati Bengals has base salaries of $1.025 million (2005), $1.925 million (2006), $2.125 million (2007) and $2.525 million (2008).

That leaves about $5.4 million for bonuses, if the espn reports of a $13 million total deal are accurate. Probably $3-4 million in signing bonus, the rest in roster bonuses, incentives, blah, blah blah. Pretty good chunk of change there, TJ!

Link to comment
Share on other sites

If I remember correctly all of the bonus is paid in the first year, so after next year his salary cap hit will be minimal

The signing bonus would be paid upfront, but for cap purposes its pro-rated over the life of the contract. So a $4 million signing bonus would count $1 million each season on a four year contract.

Link to comment
Share on other sites

The confusion likely stems from Hobson saying that Housh's total take in year 1 will be in the $5 million neighborhood. That's because, like ckj said, he actually gets the whole $4 million (or so) signing bonus this year, even though for cap purposes it's prorated. So between that and his million-dollar salary he'll take home $5 million. But his cap hit ought to be around $2 million.

That, of course, assumes a regular signing bonus of around $4 million. They could have done something like, give him a $2 million signing bonus (for a 500k hit each year) and a $2 million roster bonus payable at some point later this year. In that case, the whole roster bonus would hit this year and hit would be more like $4 million. The Raiders did something similar with Sapp last year, so that the majority of the bonus money he was paid hit in years 1 and 2, so that come year 3 they could cut him without take a big cap hit.

But I haven't seen anything to lead me to believe the Bengals did that...

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...