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Prior to the draft, the Cleveland Browns gave wide receiver Jarvis Landry a massive contract extension. We didn’t get to cover his full, year-by-year contract details because of other things like our draft coverage taking precedent, so let’s take the time now to check out his base salary, guaranteed money, and cap hits. Landry’s deal is considered to be 5 years for $75.5 million with $34 million fully guaranteed.
WR Jarvis Landry’s Contract, Cap Hits Per Year
| Year | Base Salary | Signing Bonus | Roster Bonus | Workout Bonus | Total Cap Hit |
|---|---|---|---|---|---|
| Year | Base Salary | Signing Bonus | Roster Bonus | Workout Bonus | Total Cap Hit |
| 2018 | $3,500,000 | $1,500,000 | $10,500,000 | $0 | $15,500,000 |
| 2019 | $12,500,000 | $1,500,000 | $0 | $50,000 | $14,050,000 |
| 2020 | $13,000,000 | $1,500,000 | $0 | $50,000 | $14,550,000 |
| 2021 | $12,500,000 | $1,500,000 | $750,000 | $50,000 | $14,800,000 |
| 2022 | $14,300,000 | $1,500,000 | $750,000 | $50,000 | $16,600,000 |
| Total | $55,800,000 | $7,500,000 | $12,000,000 | $200,000 | $75,500,000 |
- Landry has $34 million in full guarantees, which consists of his $3.5 million base salary in 2018, his $12.5 million base salary in 2019, his $7.5 million signing bonus that is pro-rated to $1.5 million per year, and a $10.5 million roster bonus in 2018
- If you think that sounds like a lot of money in guarantees, well, it is. Landry is averaging $15.1 million per year on his contract. He’s the fifth-highest paid receiver in the NFL in terms of average cap salary, with only Antonio Brown, Mike Evans, DeAndre Hopkins and Sammy Watkins in front of him.
- In 2020, all $13 million of Landry’s base salary will become fully guaranteed if he’s still on the team for the fifth day of that league year.
- From 2020-2021, Landry will earn a $46,875 bonus for every game he is active for.
As Spotrac puts it, if Landry was a disaster for some reason or Cleveland just didn’t want to pay him any more, his contract comes down to being 2 years, $34 million guaranteed. After that, the team can, in essence, opt out (as is the case with many NFL contracts).
Newly acquired Jarvis Landry’s 5 yr, $75.5M extension is essentially a fully guaranteed 2 year, $34M contract, after which the #Browns have an easy out. His 2018 cap figure is now $15.5M: https://t.co/EAdithWZ2L
— Spotrac (@spotrac) April 18, 2018