Breaking Down the Kemoeatu Contract

I’ve always taken an interest in player contracts, so I’ve been anxiously waiting for the numbers of Chris Kemoeatu’s 5-year, $20M contract to hit the NFLPA database. They finally did so recently, so I figured I would do a simple breakdown of the numbers in this short article.

 

The structure of the contract looks pretty simple. First, let’s start with the signing bonus. Ed Bouchette of the PG is reporting a signing bonus of $3.885M. Spread out over the five-year deal, this breaks down to a prorated signing bonus of $777K each year.

 

Next, we’ll take a look at the base salaries. These are the official numbers that the NFLPA has on record.

 

2009: $1.765M

 

2010: $2.369M

 

2011: $2.973M

 

2012: $3.577M

 

2013: $4.184M

 

Adding in the prorated signing bonuses each year, Kemo’s year-by-year cap hits break down as follows:

 

2009: $1.765M + $777K = $2.542M cap hit

 

2010: $2.369M + $777K = $3.146M cap hit

 

2011: $2.973M + $777K = $3.75M cap hit

 

2012: $3.577M + $777K = $4.354M cap hit

 

2013: $4.184M + $777K = $4.961M cap hit

 

Now, we’ll break down the cap hit/cap savings if Kemo is released in each corresponding offseason. Obviously, they’re not going to release him this 2009 offseason since they just signed him, but I’ll include those numbers just for posterity’s sake.

 

2009: $2.542M cap hit - $3.885M signing bonus acceleration = $1.343M cap hit

 

2010: $3.146M cap hit - $3.108M signing bonus acceleration = $38K cap savings

 

2011: $3.75M cap hit - $2.331M signing bonus acceleration = $1.419M cap savings

 

2012: $4.354M cap hit - $1.554M signing bonus acceleration = $2.814M cap savings

 

2013: $4.961M cap hit - $777K signing bonus acceleration = $4.184M cap savings

 

2014: Free Agent