The signing of WR Kenny Britt by the St. Louis Rams became official yesterday and via a source with knowledge of the contract we have the full breakdown of the contract.
Britt’s contract carries a value of $1,400,000 with $550,000 fully guaranteed. Britt will earn $1,000,000 in base salary in 2014, $500,000 of which is fully guaranteed for skill, injury, and salary cap termination. Britt also received a $50,000 bonus upon signing the contract. Britt can earn a $150,000 roster bonus for being on the active 53 man roster for the first game of the season, up to $100,000 in gameday active roster bonuses and a $100,000 offseason workout bonus. I believe Britt was active for 12 games last season so the initial cap charge should be $1,375,000. Britt can earn up to an additional $1.5 million in incentives, based on playing time, performance, and team success.
All things considered this is a strong contract for Britt. Between injuries, off the field issues, and lack of playing time from the Titans he would have seemed to be a candidate for a one year minimum salary deal. But Britt does have talent and the Rams were willing to go a bit higher in the hopes of finding a decent receiver, someone they have lacked for many years.
Jason is the founder of OTC and has been studying NFL contracts and the salary cap for over 15 years. Jason has co-authored two books about the NFL, Crunching Numbers and the Drafting Stage, which are widely circulated in the industry and hosts the OTC Podcast. Jason’s work has been featured in various publications including the Sporting News, Sports Illustrated, NFL Network and more. OTC is widely considered the leading authority on contract matters in the NFL.