Age: 30
Free Agency: 2022 (Void)
Accrued Seasons: 8
- Height: 6'5"
- Weight: 304
- College: Arkansas-Pine Bluff
- Entry: 2013 Draft, Round 3, #75 overall (Saints)
- 2021 Salary Cap Charge: $8,292,941 (4.48% of cap)
- 2021 Cash Payout: $11,750,000 (5.77% of spending)
- 2021 Cash to Cap Ratio: 1.42
- Contract Value: $65,000,000 ($13,000,000 APY)
- Fully Guaranteed Money: $20,880,000
- Contract Ranking: 15/103 at LT
Current Contract
(Extension, signed 2016)
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Bonus | Roster Bonus | Per Game Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016 | 25 | $680,000 | $2,354,359 | $0 | $0 | $41,000 | $680,000 | $3,075,359 | 2.0% | |||||
| 2017 | 26 | $4,200,000 | $3,200,000 | $0 | $0 | $100,000 | $4,200,000 | $7,500,000 | 4.6% | |||||
| 2018 | 27 | $6,200,000 | $4,200,000 | $0 | $0 | $100,000 | $6,200,000 | $10,500,000 | 5.9% | |||||
| 2019
March 15: $500,000 roster bonus is due
| 28 | $10,700,000 | $4,200,000 | $500,000 | $500,000 | $100,000 | $7,420,000 | $15,968,750 | 8.4% | |||||
| 2020
March 20: $500,000 roster bonus is due
| 29 | $1,050,000 | $6,737,500 | $0 | $500,000 | $100,000 | $0 | $8,356,250 | 4.2% | |||||
| 2021
March 20: $1 million roster bonus is due
| 30 | $1,120,000 | $7,172,941 | $0 | $88,235 | $0 | $0 | $8,292,941 | 4.5% | |||||
| 2022
March 16: Contract voids
| 31 | Void | $5,172,941 | Void | Void | Void | Void | $12,981,324 | 6.2% | |||||
| 2023 | 32 | Void | $5,172,941 | Void | Void | Void | Void | $0 | 0.0% | |||||
| 2024 | 33 | Void | $2,635,442 | Void | Void | Void | Void | $0 | 0.0% | |||||
| Total | $23,950,000 | $40,846,124 | $500,000 | $1,088,235 | $441,000 | $18,500,000 | $66,674,624 | |||||||
Contract Notes
Terron Armstead signed a five year, $65 million extension with the Saints on May 4, 2016. Armstead received $38 million in guarantees of which $20.88 million is fully guaranteed upon signing. The guarantee consists of an $11 million signing bonus, his 2016 and 2017 P5s, and $5 million roster bonus due in 2017. If Armstead is on the roster on the 2nd day of the 2017 League Year, $6.2 million of his 2018 salary becomes fully guaranteed with the balance vesting on the 3rd day of the 2018 legue year. If Armstead is on the roster on the 3rd day of the 2019 League Year another $6.92 million becomes fully guaranteed. From 2019 to 2021 Armstead can earn roster bonuses for being on the roster on the 3rd day of each respective season and also has annual $500,000 per game roster bonuses.
According to ESPN's Field Yates, Armstead converted a $5 million roster bonus for 2017 into a signing bonus. The move creates $4 million in cap space for the Saints in 2017 but adds on $1 million in cap charges to each of the remaining years of the contract.
Armstead converted $4 million of his 2018 salary into a signing bonus. The move created $3 million in 2018 cap space for the Saints. Armstead's cap number will increase by $1 million in each of his final three seasons.
Armstead restructured his contract with the Saints in 2021. We do not have full details and we are estimating that the move will save the team $6.7 million against the cap this year. This is just an estimate and it may be slightly more or less.
Cash Flows
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|---|
| Cash Due | $10,050,000 | $9,300,000 | $10,300,000 | $11,800,000 | $11,800,000 | $11,750,000 |
| Running Cash | $10,050,000 | $19,350,000 | $29,650,000 | $41,450,000 | $53,250,000 | $65,000,000 |
Career Earnings: $67,625,201
Career APY: $8,453,150
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Saints | Drafted | Renegotiated | 2013 | 4 | $2,867,436 | $716,859 | $617,436 | $2,162,436 | 75.4% | $720,812 |
| Saints | Extension | Active | 2016 | 5 | $65,000,000 | $13,000,000 | $20,880,000 | $65,462,765 | 100.7% | $13,092,553 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Saints | 8 | $67,625,201 | $8,453,150 | $47,408,436 | 0.0% | $0 | 0.0% |
Season History
| Year | Team | Base Salary | Prorated Bonus | Roster Bonus | Per Game Roster Bonus | Workout Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | Saints | $405,000 | $154,359 | $0 | $0 | $0 | $0 | $559,359 | 0.5% | $1,022,436 | ||
| 2014 | Saints | $525,000 | $154,359 | $0 | $0 | $0 | $0 | $679,359 | 0.5% | $525,000 | ||
| 2015 | Saints | $615,000 | $154,359 | $0 | $0 | $0 | $0 | $769,359 | 0.5% | $615,000 | ||
| 2016 | Saints | $680,000 | $2,354,359 | $0 | $0 | $41,000 | $680,000 | $3,075,359 | 2.0% | $11,721,000 | ||
| 2017 | Saints | $4,200,000 | $3,200,000 | $0 | $0 | $100,000 | $4,200,000 | $7,500,000 | 4.6% | $9,300,000 | ||
| 2018 | Saints | $6,200,000 | $4,200,000 | $0 | $0 | $100,000 | $6,200,000 | $10,500,000 | 5.9% | $10,300,000 | ||
| 2019 | Saints | $10,700,000 | $4,200,000 | $500,000 | $500,000 | $100,000 | $7,420,000 | $15,968,750 | 8.4% | $11,800,000 | ||
| 2020 | Saints | $1,050,000 | $6,737,500 | $0 | $500,000 | $100,000 | $0 | $8,356,250 | 4.2% | $11,800,000 | ||
| 2021 | Saints | $1,120,000 | $7,172,941 | $0 | $88,235 | $0 | $0 | $8,292,941 | 4.5% | $11,750,000 | ||
| 2022 | Saints | $0 | $5,172,941 | $0 | $0 | $0 | $0 | $12,981,324 | 6.2% | $0 | ||
| 2023 | Saints | $0 | $5,172,941 | $0 | $0 | $0 | $0 | $0 | 0.0% | $0 | ||
| 2024 | Saints | $0 | $2,635,442 | $0 | $0 | $0 | $0 | $0 | 0.0% | $0 | ||
| Total | $25,495,000 | $41,309,201 | $500,000 | $1,088,235 | $441,000 | $18,500,000 | $68,682,701 | $68,833,436 | ||||
Statistics
| Year | Games Played | Games Missed | Snaps | ||
|---|---|---|---|---|---|
| Injured | Healthy | Offense | Special | ||
| 2013 | 6 | 1 | 9 | 12.2% | 5.9% |
| 2014 | 14 | 2 | 0 | 73.4% | 7.9% |
| 2015 | 13 | 3 | 0 | 80.2% | 2.6% |
| 2016 | 7 | 9 | 0 | 34.4% | 1.9% |
| 2017 | 10 | 5 | 0 | 52.3% | 0.0% |
| 2018 | 10 | 6 | 0 | 57.3% | 0.0% |
| 2019 | 15 | 1 | 0 | 87.8% | 12.8% |
| 2020 | 14 | 0 | 0 | 79.6% | 2.2% |
| 2021 | 3 | 2 | 0 | 39.0% | 0.0% |
Valuation Diamond
The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.
| OTC Valuation | APY | |
|---|---|---|
| Regular | $2,116,000 | $13,000,000 |
| Injury Adjusted | $3,147,917 | $11,375,000 |
Weekly Valuation Trends
The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.
To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.