Broncos’ Center Manny Ramirez signed a two year extension two days ago and we can now report the full numbers on the contract. Per a league source Ramirez’ contract is worth $3.15 million in base value with potential to earn an additional $2.85 million in incentives over the life of the contract.
Ramirez’ base salary remains intact in 2013 and he also received a $500,000 signing bonus. The signing bonus is the only portion of the contract that is guaranteed, though his salary for the current season is essentially guaranteed anyway. Ramirez now has a playtime incentive worth $250,000 in 2013. His base salary in 2014 will be $1.25 million and he can earn an additional $1 million in playtime incentives. In 2015 Ramirez’ base salary will be $1.4 million and the incentive rises to $1.6 million.