Contract details emerge for Colts DT Sheldon Day

The Indianapolis Colts signed defensive tackle Sheldon Day to a one-year deal last week, and now know the details of that contract.

One-year deals are pretty straight forward but even so, there are ways the contract breaks down between guaranteed money and other ways of compensation.

It’s a $1.75 million deal with $1 million guaranteed. His base salary sits at $1 million with a $500,000 signing bonus and per-game bonuses worth up to $250,000.

Some updated contract figures from free agents:
— The #49ers deal for pass-rusher Kerry Hyder was for 1 year and $1.5M with $550K guaranteed.
— The #Colts deal for DL Sheldon Day is a 1-year deal worth $1.75M that includes $1M guaranteed.

— Ian Rapoport (@RapSheet) March 30, 2020

Sheldon Day's one-year contract:

Base: $1 million
Signing: $500K
Roster bonus: Per-game, potentially worth up to $250K

Guarantee: $1 million

— Joel A. Erickson (@JoelAErickson) March 30, 2020

This is a strong deal for the Colts. While they have enough salary-cap space to make moves, they aren’t loaded with cash like they usually are—not after the moves they’ve already made.

Day will provide a strong service in the rotation at the one-technique along with Grover Stewart. This deal is solid in getting an early-down run stopper who will provide strong depth.