Antonio Brown Contract Breakdown

The believed final numbers are now in on the new 5 year, $42.5 million contract extension that Pittsburgh Steelers wide receiver Antonio Brown agreed to today courtesy of PFT. The numbers are a testament to how good of a contract negotiator that Omar Khan is.

The reported signing bonus of the deal is a very manageable $8.5 million. That breaks down to a $1.7 per year amortized schedule for that alone. Brown also will have a $540,000 base salary in 2012. Left over from his rookie contract is a signing bonus amortized hit of $24,359.00, which means that the 2012 cap hit for Brown should be just $2,264,359 million. Brown was scheduled to count $564,359.00 against the cap this year, so that means that is new cap number increased just $1.7 million on Friday.

In 2013, Brown is scheduled to earn a base salary of $2 million and he also has another $2.5 million roster bonus due as well. This means that his 2013 cap number will be $6.2 million. In 2014 and 2015, Brown is scheduled to earn a base salary in each of those two years of $6 million. That means that his cap hits in both of those years will be $7.7 million. In 2016, his base salary jumps to $8.25 million and he will have a $9.95 million cap hit. In 2017, the final year of the deal, Brown is scheduled to earn a base salary of $8.71 million and that will be the cap hit as well should there not be any restructuring done between now and then.

There is a missing amount of $250,000 that PFT is not accounting for if indeed the contract totals out at $42.5 million. That could be workout bonus in year three or so and I will try to track that down.

The low cap in 2012, means that the Steelers still have enough cap space to get a long-term deal done with restricted free agent Mike Wallace, but the deal will certainly be on their own terms and structure. I will have more on the available cap room in a post later on tonight or in the morning.

I am, I'm me. 40 something, retired and a life long Steelers fan.
  • http://www.facebook.com/RyanOConnor24 Ryan O’Connor

    thinking we may have overpaid slightly. AB is a great 2 but we are paying him #1 money.

  • SteelersDepot

    How do you figure we overpaid? Guaranteed money only a hair over $9 million.

  • http://pulse.yahoo.com/_5XBK7SSKCWKZ7F6RTJCVHABVI4 Steve Duncan

    Me likey

  • Game_Time

    I Love the move, I’m happy for A. Brown. However, I love the message even more…..This is a machine called the Pittsburgh Steelers. Mike Wallace need to heed the message and disregard his agents horrible advice.

  • Mike.H

    Please help out a slow dunce understand contract numbers: with A. Brown’s new deal just inked, if A. Brown blew out a knee next week and his career’s done, would he keep the $8 million signing bonus for keeps?

  • SteelersDepot

    yes

  • http://pulse.yahoo.com/_SNGP7UOGE2DYM57CFV5PPAKBZI Zarbor

    Very good deal for both sides. Love the attitude of Brown. He was voted team MVP for a reason. That guy will only get better. Look at his work ethic. Jerry Rice was not the fastest receiver but he out worked everyone at that position. The contract seems to be structured in that way that he will get better. Not to mention, the Steelers don’t have to worry about him eating up cap space until later on.

    As for Wallace, I think this is the nail in the coffin. He obviously is disgruntled about the money he’s been offered. We don’t do disgruntled in the Burgh. Even if he signs, he won’t be happy so we need to cut our loses. Plus for him, everyday he ‘s out he loses the fans. That’s who you play for which he clearly does not know or understand.

    BTW Brown is better than a #2 and has the potential to be a one.

  • dumb fuck

    because he isn’t that good he just isn’t worth it…. we could probably take a rookie and fill his spot….