We now have the numbers up for Giants LT Will Beatty and based on the latest tweets by Joel Corry I think its safe to assume my early estimates are now confirmed.
William Beatty's 2013 cap number is $3.55M ($2.5M signing bonus proration, $1M GTD base salary & $50k workout bonus).
— Joel Corry (@corryjoel) February 28, 2013
Beatty will count for $3.55 million against the cap in 2013 for the Giants and will not be higher than $8.05 million in the first three years of the contract. Beatty received a $12.5 million dollar signing bonus which will most likely assure him of a roster spot for the next three years, though only $650,000 of his 2015 salary is guaranteed. Provided the Giants do not need to restructure Beatty in the next two years he would only carry a dead money charge of $5 million in 2016. If he plays at a high level a cap figure under $10 million for a left tackle is very manageable. Like I had said yesterday it seems like a good deal for both sides.
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.