New York Jets Salary Cap Page

Terrence McGee Picture

Terrence McGee

Position: Cornerback

CB Terrence McGee signed a 5 year contract worth $30 million on September 18, 2009 with the Buffalo Bills. The contract contained $9 million in guarantees in the form of a signing and option bonus. Base salaries are $3,000,000(2009), $2,300,000(2010), $3,200,000(2011), $3,600,000(2012), and $4,600,000(2013).

On February 21, 2012 McGee and the Bills restructured the contract and reduced the 2012 and 2013 base salaries to $1,350,000(2012) and $1,750,000(2013). McGee received a $300,000 signing bonus with the renegotiated deal.



Year Cap
Value
Dead
Money
Cap
Savings
2012 $4,150,000 $4,500,000 ($350,000)
2013 $4,459,375 $2,350,000 $2,209,375