Mike DeVito
Position: Defensive End
DE Mike Devito signed a 3 year contract with the New York Jets on May 12, 2007.
He was given a signing bonus of $2,000 and yearly salaries of $285,000(2007), $370,000(2008), and $460,000(2009).
DeVito signed a 3 year extension with the Jets in September, 2009. DeVito received a 1 million dollar bonus with the deal and we are estimating a potential roster bonus of $600,000 in 2012.
Base salaries are $1,040,000(2010), $1,475,000(2011), $1,310,000(2012).
Devito reached 2009 performance incentives to bump his base salaries in 2010 and 2011 to $1,525,000(2011) and $1,360,000(2012)
DeVito reached 2010 incentives to raise his future salaries in 2011 and 2012 to $2,125,000(2011) and $1,960,000(2012).
DeVito reached 2011 incentives to raise his 2012 salary to $2,260,000
On May 3, 2012 DeVito restructured his contract to reduce his salary cap charge in 2012. DeVito received a $950,000 signing bonus and a fully guaranteed salary of $700,000.
| Year | Salary Cap Number | Dead Money if Cut | Cap Savings if Cut |
|---|---|---|---|
| 2007 | $285,666 | $2,000 | $283,666 |
| 2008 | $370,666 | $1,334 | $369,332 |
| 2009 | $1,460,668 | $668 | $460,000 |
| 2010 | $1,040,000 | $0 | $1,040,000 |
| 2011 | $2,475,000 | $0 | $2,475,000 |
| 2012 | $2,500,000 | $0 | $2,500,000 |