Manish Mehta offers some details on Darrelle Revis' new contract with the Jets.
Source: Darrelle Revis' contract with the Jets: 5 years, $70M ($39 FULLY guaranteed). $48M in first 3 years. #nyj— Manish Mehta (@MMehtaNYDN) March 11, 2015
Breakdown of Revis contract: $16M FULLY gtd, $17M fully guaranteed, $15M ($6M fully gtd), $11M, $11M #nyj— Manish Mehta (@MMehtaNYDN) March 11, 2015
Revis is about to hit 30 years of age so frontloading the deal makes sense.
It is obviously an incredible amount of money, but the Jets are paying top dollar for the best cornerback in the league. Richard Sherman's deal in Seattle averages $14 million per season. The Jets are paying more than that on the front end of the deal, but they also had an enormous need and money to spend. In a world where Byron Maxwell is getting a $10 million per season deal after starting for one year, this does not look like terrible value for a player who has been the best corner in football for years.
Sounds like Jets' structured deal with all salary, no bonus, no proration, no leftover Cap charges if a separation. Kudos for that.— Andrew Brandt (@adbrandt) March 11, 2015
Revis contract: $16M guar in '15. $17M guar in '16. '17: $2M RB (2nd day league yr), $13M base ($6 guar) in '17. $11M each in '18, '19— Jason Cole (@JasonPhilCole) March 11, 2015