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Breaking Down Cortez Allen’s Contract Extension

The Steelers signed CB Cortez Allen to a contract extension last Saturday. The new deal was for five years, and totaled $26.031 Mil. He was set to make $1.431 Mil this year, so after factoring that in, you can see that the deal includes $24.6 Mil in new money over the extended 4 years.

Here is the breakdown of his contract by year. $6.75 Mil is guaranteed.

Year Base Salary Prorated Bonus Roster Bonus Cap Hit Dead Money
2014 $650,000 $1,447,875 $0 $2,097,875 $6,847,875
2015 $2,631,000 $1,350,000 $3,000,000 $6,981,000 $5,400,000
2016 $4,400,000 $1,350,000 $0 $5,750,000 $4,050,000
2017 $4,300,000 $1,350,000 $0 $5,650,000 $2,700,000
2018 $4,300,000 $1,350,000 $0 $5,650,000 $1,350,000

As you can see, Allen’s contract includes a $3 Mil roster bonus in 2015, which will be due on the 5th day of the league year if he is on the roster. Currently, Allen is the 17th highest paid corner back in the league behind Alterraun Verner.

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