Aaron Hernandez
Position: Tight End
Aaron Hernandez signed a 5 year contract extension worth a potential $40.69 million dollars on August 26, 2012. The contract contains $15.5 million in
guarantees of which $13.04 million is fully guaranteed. Hernandez will receiver roster bonuses of up to $500,000 from 2015-18, based on weeks on the gameday roster.
In addition Hernandez will receive workout bonuses of $500,000 per year from 2014-18. The contract contains $2.5 million in Pro Bowl incentives.
Hernandez received a signing bonus of $12,500,000. There may be a present value calculation attributed to the signing bonus, but as of now the cap charges are presented
as if it is a straight prorated bonus. Base salaries of the contract are
$540,000(2012), $1,323,000(2013), $1,200,000(2014), $2,300,000(2015), $5,000,000(2016), $6,000,000(2017), and $6,000,000(2018)
| Year | Cap Value |
Dead Money |
Cap Savings |
|---|---|---|---|
| 2012 | $3,290,000 | $13,140,000 | ($9,850,000) |
| 2013 | $4,073,000 | $10,050,000 | ($5,977,000) |
| 2014 | $4,200,000 | $7,500,000 | ($3,300,000) |
| 2015 | $5,800,000 | $5,000,000 | $800,000 |
| 2016 | $8,500,000 | $2,500,000 | $6,000,000 |
| 2017 | $7,000,000 | $0 | $7,000,000 |
| 2018 | $7,000,000 | $0 | $7,000,000 |