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The Miami Dolphins locked up one of the best cornerbacks in the league earlier this week when they agreed to a new four-year contract with Brent Grimes. Having joined the Dolphins last year on a one-year contract worth just under $5.5 million, the new deal was reportedly worth $32 million. Thanks to OverTheCap.com we now have the specifics of Grimes' deal.
The contract includes $16 million fully guaranteed, $6 million of which is the signing bonus. The other $10 million is Grimes' 2014 salary, which is $2.5 million, and a portion of his 2015 salary ($7.5 million of the $8.5 million).
Here's the full breakdown of the contract:
Year | Base Salary | Roster Bonus | Signing Bonus (Prorated) |
Salary Cap Number |
Dead Money (if released) |
Salary Cap Savings (if released) |
2014 | $2.725M | $25,000 | $1.5M | $4M | $16M | -$12M |
2015 | $8.475M | $25,000 | $1.5M | $10M | $12.025M | -$2.025M |
2016 | $7.9755M | $25,000 | $1.5M | $9.5M | $3M | $6.5M |
2017 | $6.975M | $25,000 | $1.5M | $8.5M | $1.5M | $7M |