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A Look At LeGarrette Blount’s Contract Details

The general details of newly signed Steelers running back LeGarrette Blount’s contract have been released. The two year deal is for $3.85 Mil, including a guaranteed signing bonus of $950,000.  The deal also includes a performance incentive of $150,000, which Blount can earn if he gains 800 yards in the upcoming season.

While I do not know the specifics yet, it’s possible that his signing could move the salary cap needle as little as $785,000, leaving the Steelers with over $600,000 in salary cap space (ball park). Here’s a look at how it could likely be set up, and an explanation of the cap estimate.

Player Year Base Salary Signing Bonus Salary Cap Number
Blount, LeGarrette 2014 $730,000 $475,000 $1,205,000
Blount, LeGarrette 2015 $2,170,000 $475,000 $2,645,000

While I can’t promise his 2014 base salary will be quite that low, you can be certain it will be structured similarly. Using this model, after displacing a low minimum salary from the top 51 (420 K), the salary cap impact  right now would only be $785,000. The Steelers are currently sitting at a little over $1.4 Mil in salary cap space. So, the signing of LeGarrette Blount could leave the Steelers with just under $700,000. I’ll update this when this year’s base salary number is available. However you cut it, this was a good signing at a good price.

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About Steve Alan

Steve, known by most as TTF, is owner of TheSteelersFans and administrator of the best Steelers message board on the net. Big fan of strong coffee and hardcore Steelers fan from womb to tomb.