Following the announcement that the Bucs could be signing future Corridor of Fame broad receiver Julio Jones, many instantly started to take a position on how a lot the contract could be for. And now because of NFL Insider Ian Rapoport it seems we now have that data.
The #Bucs have formally signed FA WR Julio Jones, giving him a 1-year deal value $6M base wage with a max worth of $8M, supply says.
— Ian Rapoport (@RapSheet) July 27, 2022
The $6 million greenback base makes Jones the fourth-highest paid receiver on the roster. This will likely counsel the Bucs actually see Russell Gage as being forward of Jones on the depth chart. The $2 million in incentives that would push the full contract worth as much as $8 million are almost certainly thought of “not more likely to be earned.”
This implies they’re efficiency milestones Jones didn’t hit final 12 months. Due to this, if he does attain these milestones the $2 million cost wouldn’t hit this 12 months’s wage cap. It will be charged to subsequent 12 months.
Bucs WR Julio Jones – Photograph by: USA In the present day
Per OverTheCap.com the Bucs had simply over $10.5 million in cap house earlier than Jones’ signing. With him on board that accessible cap house will fall by $5,096,666, as he’ll exchange Cam Gill’s wage on the “high 51” salaries which might be charged to the cap through the offseason.
Jones’ deal is available in significantly increased than I believed it will. This implies Jones had an honest market of suitors to select from. Nonetheless, as Jones famous throughout a media availability on Wednesday, the Bucs have been excessive on his checklist from the second he grew to become a free agent. When requested when he began to think about the Bucs as a vacation spot that is what he needed to say.
“[Tampa Bay] all alongside. As soon as I received the decision from Tennessee saying I might exit and discover I texted my agent and mentioned some choices,” Jones stated. “And I already instructed them the place I wished to play. Started with a family title at quarterback, an ideal quarterback. The teaching employees right here. It’s subsequent door – I’m from Alabama, I performed in Georgia [with the Falcons]. So, it’s proper right here. My household can come see me. I’m not going out of the way in which. Simply having a capability to return out right here and simply work. Convey what I can to the staff to assist. Whether or not it’s mentor, play-style regardless of the case could also be. Simply come out right here on a regular basis and attempt to get higher.”
With Jones on board at $6 million, search for the staff to doubtlessly restructure some offers to create some extra cap room for in-season strikes. This additionally could possibly be an indicator {that a} Mike Evans extension could come sooner fairly than later.
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