Can someone explain the Revis contract, Does he actually have a $20 million option?!?!
2014
Cap value: $7M
Cash value: $12M
Signing bonus: $10M
Roster bonus: $500K ($33.33K per game if on 46-man roster up to 15 games)
Base salary: $1.5M
2015
Cap value: $25M
Cash value: $20M
Roster bonus-1: $12M (earned on April 1, 2015, if club exercises option prior to end of 2014 league year)
Roster bonus-2: $500,000 ($33.33K per game if on 46-man roster up to 15 games)
Base salary: $7.5M
Pats have a ton of cap space in 2015 so pushing 5 million to that year is not really an issue. Saves them some space this year - but the real value of the deal is 12 million.
Essentially this allows the Pats and Revis to work on a long term deal or just part ways without any long term impacts and the Pats can't use the franchise tags.