One of the many players the Arizona Cardinals have re-signed is safety and special teamer Charles Washington. A fixture on the roster for the last two seasons, Washington is on a one-year deal for the second season in a row.
For the second year in a row, the Cardinals will pay him the league minimum. However, unlike last year’s contract, he gets a signing bonus and can earn another bonus for making the team.
The Houston Chronicle’s Aaron Wilson shared the details of the contract on Twitter.
Charles Washington (Cardinals) one year, $1.127M, $68,750 signing bonus, salary $990K, $68,750 first-game active-inactive roster bonus
— Aaron Wilson (@AaronWilson_NFL) March 29, 2021
He will make $990,000 in salary in 2021, which is the minimum for someone with between 4-6 credited seasons. He receives a signing bonus of $68,750 and also will get a bonus of the same amount if he is on the Week 1 roster — a total of $137,000.
None of his salary is guaranteed.
Because of how the contract is structured, according to Spotrac, his contract gets a veteran exemption against the salary cap. While he will get more than $1.12 million in cash if he makes the team, his cap hit is only $987,500, a savings of nearly $140,000 in cap space for the contract.
If he doesn’t make the team, his deal will only have $68,750 in dead money against the cap.
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