Terron Armstead

Left Tackle

Age: 33
Free Agency: 2027 (Void)
Accrued Seasons: 11
  • 2024 Salary Cap Charge: $10,554,103 (4.13% of cap)
  • 2024 Cash Payout: $10,000,000 (4.66% of spending)
  • 2024 Cash to Cap Ratio: 0.95
  • Contract Value: $38,630,000 ($12,876,667 APY)
  • Fully Guaranteed Money: $10,000,000
  • Contract Ranking: 13/92 at LT

Current Contract

(Other, signed 2024)
(📝: indicates contract trigger occuring during that year)
YearAgeBase SalaryProrated Signing BonusRoster BonusOther BonusGuaranteed SalaryCap
Number
Cap %
Dead Money & Cap Savings
RegularPer Game
202433$1,210,000$7,816,750$0$1,500,000$645,000$1,210,000$10,554,1034.1%
202534$13,300,000$7,816,750$0$1,000,000$0$0$22,116,7508.5%
202635$12,330,000$7,816,750$1,000,000$1,000,000$0$0$22,146,7507.8%
202736Void$1,458,000VoidVoidVoidVoid$00.0%
202837Void$1,458,000VoidVoidVoidVoid$0--
Total$26,840,000$26,366,250$1,000,000$3,500,000$645,000$1,210,000$54,817,603

Contract Notes

Terron Armstead signed a five year, $75 million contract with the Dolphins. Armstead received $43.37 million in guarantees of which $30.12 million is fully guaranteed at signing. Armstead received a $12 million signing bonus and his base salary in 2022 and 2023 are guaranteed as is a roster bonus due in 2023. If on the roster on the 3rd day of the 2023 league year, $5 million of Armstead's 2024 salary will be fully guaranteed. The balance will be fully guaranteed on the 3rd day of the 2024 league year. The contract has annual per game bonuses worth up to $1 million. Another $12.5 million in incentives are available to raise the total value to potentially $87.5 million.

Armstead renegotiated his contract in 2024 accepting a $4.25 million pay cut and receiving $10 million in guaranteed salary. he new contract includes a $7.29 million signing bonus and reduced his 2024 cap charge by $10.29 million. The 2025 and 2026 seasons remain unchanged.

 

Cash Flows

- fully earned money
- unearned or partially earned money
$12.9M
$25.8M
$38.6M
202420252026
Cash Due$10,000,000$14,300,000$14,330,000
Running Cash$10,000,000$24,300,000$38,630,000
Career Earnings: $108,546,377
Career APY: $9,867,852
Potential Earnings: $139,886,377
Total Guarantees: $61,617,436
Largest Cash Payment: $17,588,235 (2023)
Largest Cap Number: $22,146,750 (2026)

Contract History

TeamContract TypeStatusYear SignedYrsTotalAPYGuaranteesAmount Earned% EarnedEffective APY
SaintsDraftedRenegotiated20134$2,867,436$716,859$617,436$2,162,43675.4%$720,812
SaintsExtensionExpired20165$65,000,000$13,000,000$20,880,000$66,671,000102.6%$11,111,833
DolphinsUFARenegotiated20225$75,000,000$15,000,000$30,120,000$32,422,94143.2%$16,211,471
DolphinsOtherActive20243$38,630,000$12,876,667$10,000,000$7,290,00018.9%$0
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Saints9$68,833,436$7,648,160$55,701,3770.0%$12,773,9700.0%
Dolphins2$39,712,941$19,856,471$13,523,1620.0%$00.0%

Season History

YearTeamBase SalaryProrated BonusRoster BonusPer Game Roster BonusWorkout BonusOther BonusGuaranteed SalaryCap
Number
Cap %Cash Paid
2013Saints$405,000$154,359$0$0$0$0$0$559,3590.5%$1,022,436
2014Saints$525,000$154,359$0$0$0$0$0$679,3590.5%$525,000
2015Saints$615,000$154,359$0$0$0$0$0$769,3590.5%$615,000
2016Saints$680,000$2,354,359$0$0$41,000$0$680,000$3,075,3592.0%$11,721,000
2017Saints$4,200,000$3,200,000$0$0$100,000$0$4,200,000$7,500,0004.6%$9,300,000
2018Saints$6,200,000$4,200,000$0$0$100,000$0$6,200,000$10,500,0005.9%$10,300,000
2019Saints$10,700,000$4,200,000$500,000$500,000$100,000$0$7,420,000$15,968,7508.4%$11,800,000
2020Saints$1,050,000$6,737,500$0$500,000$100,000$0$0$8,356,2504.2%$11,800,000
2021Saints$1,120,000$7,172,941$0$88,235$0$0$0$8,292,9414.5%$11,750,000
2022Dolphins$1,120,000$2,400,000$0$1,000,000$0$0$1,120,000$4,284,7062.0%$14,834,706
2023Dolphins$1,165,000$6,358,750$0$1,000,000$0$950,000$1,165,000$9,238,4564.1%$17,588,235
2024Dolphins$1,210,000$7,816,750$0$1,500,000$0$645,000$1,210,000$10,554,1034.1%$10,000,000
2025Dolphins$13,300,000$7,816,750$0$1,000,000$0$0$0$22,116,7508.5%$14,300,000
2026Dolphins$12,330,000$7,816,750$1,000,000$1,000,000$0$0$0$22,146,7507.8%$14,330,000
2027Dolphins$0$1,458,000$0$0$0$0$0$00.0%$0
2028Dolphins$0$1,458,000$0$0$0$0$0$0--$0
Total$54,620,000$63,452,877$1,500,000$6,588,235$441,000$1,595,000$21,995,000$124,042,142$139,886,377
Dead Money History
TeamYearCap ChargeCash Paid
Saints2022$12,773,970$0
Total$12,773,970$0

Statistics

YearGames PlayedGames InactiveSnaps
InjuredHealthyOffenseSpecial
201361912.2%5.9%
2014142073.4%7.9%
2015133080.2%2.6%
201679034.4%1.9%
2017105052.3%0.0%
2018106057.3%0.0%
2019151087.8%12.8%
2020140079.6%2.2%
202188142.8%0.0%
2022130465.1%0.0%
2023102147.7%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 ValuationAPY
Regular$7,660,000$12,876,667
Injury Adjusted$9,351,013$11,267,084
test
OTC Valuation $2.8M $5.7M $8.5M $11.3M $14.2M APY $4.2M $8.3M $12.5M $16.7M $20.8M $6,918,000 $6,750,000

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.