Add Jon Beason to the list of players who will finish the season on Injured Reserve. Beason’s whose career has been derailed by injuries since 2011, was traded to the Giants in 2013 and made it through the season healthy. He was one of the best players on their defense and because of that received a new 3 year contract from the team in the offseason.
There is always a risk when you sign an often injured player and there is a question as to whether or not this injury likely spells the end of his Giants career. The Giants tried as best as possible to minimize some of that risk by using a number of per game active roster bonuses in his contract.
Since Beason will land on IR after just 7 games, he will lose $450,000 in potential salary this year. The Giants should receive a $400,000 credit for Beasons lost bonus money that will go towards next years salary cap or be an offset for paying off other incentives earned by others.
Beason has $1.2 million in roster bonuses next season which will now count for $525,000 against the 2015 salary cap. That should leave Beason with an offseason cap charge of $6.69 million with the potential to earn $5.9 million in salary. Those numbers are probably enough to consider parting ways.
$900,000 of Beason’s $3.6 million 2015 salary is guaranteed, but that would likely be offset if he continues to play football and signs with another team. The Giants paid Beason a $4.4 million signing bonus this year so his total dead money charge would be $3.83 million. That would amount to a cap space increase of about $2.85 million.
The Giants should have over $20 million in cap space next year assuming a $140 million cap which puts them in the middle of the pack with the NFL, so its not crucial to create cap space. but they do have contract decisions to be made on Antrel Rolle and Jason Pierre Paul. Beason has an offseason roster bonus due the 5th day of the 2015 League Year so any decisions or contract restructures will need to be made before that.
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.