Kansas City Chiefs wide receiver Dwayne Bowe has been suspended for one game due to violation of the NFL drug policies. Due to the suspension he will lose $176,471 in signing bonus money and $514,706 in salary for this season. Bowe will also void his salary guarantees of $8.75 million in 2014 and $1.5 million in 2015, though at this stage the 2014 guarantee voiding is simply a matter of semantics as the season is just a few weeks away.
Bowe had signed a five year, $56 million contract extension last year that now looks like one of the worst investments in the NFL. Bowe struggled last season despite the presence of a better QB in Alex Smith and will now be lost for one game this season. The voiding of the $1.5 million guarantee next season will give the Chiefs more benefit if they decide to cut him next season. His cap charge next year will be just under $14 million and the cost to cut will now be just under $9 million. He is set to earn $11 million in cash compensation so Bowe needs to be great for the 15 games he has if he wants to remain on this team next season.
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.