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Via a league source we now have the information on Jason Peters new contract with the Eagles. The contract is a 4 year extension worth a base value of $38.3 million. The contract contains a total guarantee, as reported, of $19.55 million, however just $15.75 million is fully guaranteed upon signing.
Peters received a $5 signing bonus, a $5 million roster bonus, and a fully guaranteed base salary of $1.75 million in 2014. $4 million of Peters’ 2015 $6.8 million base salary is fully guaranteed. If Peters is on the roster the 5th day of the 2015 League Year the balance of his 2015 salary will become fully guaranteed. $1 million of his 2016 base salary is also guaranteed for injury only and will become fully guaranteed if on the roster in 2016.
Peters can earn $250,000 in workout bonuses each year and has $500,000 roster bonuses in 2015 and 2016 that are earned for each game active. He can earn an additional $3 million in escalators based on Pro Bowl and All Pro selections.
Peters cap charge in 2014 dropped by $2 million to $8,292,000.
Click here for the full salary cap breakdown of Peters contract.
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