Terron Armstead

Left Tackle

  • 2017 Salary Cap Charge: $7,500,000
  • % of 2017 Team Cap: 4.58%
  • 2017 Cash Payout: $9,300,000
  • % of 2017 Team Cash Spending: 6.36%
  • 2017 Cash to Cap Ratio: 1.24
  • Total Contract Value: $65,000,000
  • Annual Contract Value: $13,000,000
  • Position Ranking: 4/171 at LT
  • Fully Guaranteed Money: $20,880,000
  • Age: 26
  • Height: 6' 5"
  • Weight: 304
  • College: Arkansas-Pine Bluff
  • Accrued Seasons: 4
  • Entry: 2013 Draft, Round 3, #75 overall (Saints)
  • Year Signed: 2016
  • Contract Type: Extension
  • Free Agency: 2022 (UFA)

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.

Current Contract

YearAgeBase Salary (Guaranteed)BonusesCap
Number
Cap %
Dead Money & Cap Savings
ProratedRosterWorkoutOther
201625$680,000 $680,000$2,354,359$0$41,000$0$3,075,3592.0%
201726$4,200,000 $4,200,000$3,200,000$0$100,000$0$7,500,0004.5%
201827$10,200,000 $6,200,000$3,200,000$0$100,000$0$13,500,0007.6%
201928$10,700,000$3,200,000$1,000,000$100,000$0$15,000,0007.9%
202029$10,700,000$3,200,000$1,000,000$100,000$0$15,000,0007.5%
202130$10,150,000$1,000,000$1,500,000$100,000$0$12,750,000--
Total$46,630,000$16,154,359$3,500,000$541,000$0$66,825,359
Embed This Contract
<iframe src="https://overthecap.com/contract-embed/2308/" width="600" height="374" frameborder="0" scrolling="no"></iframe>

Contract History

Career Earnings: $18,883,436
Years: 4
Career APY: $4,720,859
TeamContract TypeStatusYear SignedYrsTotalAPYAmount Earned% EarnedEffective APY
SaintsDraftedRenegotiated20134$2,867,436$716,859$2,162,43675.4%$720,812
SaintsExtensionActive20165$65,000,000$13,000,000$16,721,00025.7%$16,721,000
Earnings By Team
TeamYrsSalaryAPYPaid on Cap% Paid on CapPaid as Dead Money% Paid as Dead Money
Saints4$18,883,436$4,720,859$5,083,4360.0%$00.0%

Salary Cap History    

YearTeamBase Salary (Guaranteed)BonusesCap
Number
Cap %
ProratedRosterWorkoutOther
2013Saints$405,000$154,359$0$0$0$559,3590.5%
2014Saints$525,000$154,359$0$0$0$679,3590.5%
2015Saints$615,000$154,359$0$0$0$769,3590.5%
2016Saints$680,000 $680,000$2,354,359$0$41,000$0$3,075,3592.0%
2017Saints$4,200,000 $4,200,000$3,200,000$0$100,000$0$7,500,0004.5%
2018Saints$10,200,000 $6,200,000$3,200,000$0$100,000$0$13,500,0007.6%
2019Saints$10,700,000$3,200,000$1,000,000$100,000$0$15,000,0007.9%
2020Saints$10,700,000$3,200,000$1,000,000$100,000$0$15,000,0007.5%
2021Saints$10,150,000$1,000,000$1,500,000$100,000$0$12,750,000--
Total$48,175,000$16,617,436$3,500,000$541,000$0$68,833,436 

Statistics (2014-present)

YearGames PlayedSnaps
OffenseSpecial
20141473.4%7.9%
20151380.2%2.6%
2016734.4%1.9%
2017652.6%0.0%

Financial Reports

Yearly Cap Charge vs. Dead Money (pre-June 1 cut)
Positional Comparisons to League Average