The other day the Chicago Bears signed K Robbie Gould to a lucrative contract extension with reports of having the largest guarantee ever given to a kicker. Through a league source we were able to verify the details of Gould’s contract and can shed a bit more light on the guarantee structure.
The current largest real guarantee given to a kicker is $8 million which was the amount given to Sebastian Janikowski of the Raiders when he signed his $15.1 million contract extension this summer. Janikowski’s $8 million was fully guaranteed upon signing and will remain the highest true guarantee for a kicker.
Upon signing the only guarantee for Gould is the $3 million signing bonus that he received. His 2014 base salary of $1.9 million is guaranteed for injury only but becomes fully guaranteed if he is on the roster on the 3rd day of the League Year. Considering the timing of the deal I think its safe to consider this fully guaranteed and is simply a mechanism being used by the Bears to set precedence in contract guarantee structure.
Gould has a base salary of $2.9 million in 2015 that is guaranteed for injury only. That salary only becomes fully guaranteed if Gould is on the roster the 3rd day of the 2015 League Year. He also has an injury only guarantee of $1.05 million in 2016 that does not vest. So while the contract does contain a total of $8.85 million in guarantees the real guarantees total just $4.9 million. In terms of annual value his contract ranks 2nd at the position based on our records.
Gould’s contract contains $100,000 workout bonuses in 2014 and 2015 and $500,000 roster bonuses in the final two years of his contract. His cap charges will be $2.6M, $3.6M, $4.1M, and $4.1M over the course of the contract.
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.