The Steelers extended Marcus Gilbert on Tuesday. The deal increased his 2014 cap number by almost $1.37 Mil. Gilbert’s five year extension has a total value of $30 Mil, and includes a $7.65 Mil guaranteed signing bonus.
The deal also includes a $3.5 Mil roster bonus which Gilbert can earn if he’s on the roster the 5th day of the 2015 league year. Lastly, the contract includes the option for Gilbert to earn a $50K workout bonus each year.
Here’s a breakdown of his contract, where SB, RB, and WB are signing bonus, roster bonus and workout bonus respectively.
[table]
Year, Base Salary, SB,RB, WB, Salary Cap Number, Dead Money, Savings If Cut
2014, “$650,000”, “$1,741,802”, “$0”, “$0”, “$2,391,802”, “$7,861,802”, “-$5,470,000”
2015, “$1,900,000”, “$1,530,000”, “$3,500,000”, “$50,000”, “$6,980,000”, “$6,120,000”, “$860,000”
2016, “$3,950,000”, “$1,530,000”, “$0”, “$50,000”, “$5,530,000”, “$4,590,000”, “$940,000”
2017, “$4,000,000”, “$1,530,000”, “$0”, “$50,000”, “$5,580,000”, “$3,060,000”, “$2,520,000”
2018, “$4,050,000”, “$1,530,000”, “$0”, “$50,000”, “$5,630,000”, “$1,530,000”, “$4,100,000”
2019, “$4,865,103”, “$0”, “$0”, “$50,000”, “$4,915,103”, “$0”, “$4,915,103”
[/table]
