When it was reported that the Kansas Metropolis Chiefs had signed quarterback Carson Wentz to a one-year contract to be their backup to Patrick Mahomes, there was no details about the phrases of the deal. However now, NFL Community’s Tom Pelissero has reported the contract’s particulars.
Carson Wentz’s one-year take care of the #Chiefs has a base worth of $3.325 million, together with $2.2M absolutely assured and as much as $1.1M in per-game lively roster bonuses.
After ready till November to signal final season, Wentz is now the clear No. 2 QB behind Patrick Mahomes in KC.
— Tom Pelissero (@TomPelissero) April 6, 2024
As laid out on the salary-cap web site Spotrac, the ninth-year veteran will earn a fully-guaranteed base wage of $1,210,000 and is being paid a signing bonus of $990,000.
Wentz — like many Kansas Metropolis gamers — can also be carrying a roster bonus in opposition to the wage cap. In his case, it’s for $25,000. Lastly, he’s set to earn as a lot as $1.1 million in per-game roster bonuses, which works out to about $64,706 for every sport.
It’s essential to notice that Wentz will earn these roster bonuses just by being lively on sport day; it received’t matter if he truly performs. So it’s very possible that he shall be paid each dime of that $1.1 million this season.
However since Wentz was lively for less than eight 2023 matchups for the Los Angeles Rams, simply eight of those per-game bonuses — a complete of $517,647 — are thought of likely-to-be-earned (LTBE) and can rely in opposition to the 2024 wage cap. If earned, the remainder will rely in opposition to the 2025 cap calculation.
So whereas the workforce will possible pay him the entire $3.3 million accessible on this deal, Wentz’s 2024 cap hit shall be simply $2.7 million.
We now estimate that with all identified signings (together with that of defensive finish Mike Danna, for whom we don’t but have full contract particulars) the Chiefs now have between $19.6 million and $21.6 million in cap area — in all probability someplace round $20.8 million.
