Monday, April 1, 2013
Breaking down Osi Umenyiora's contract
By Pat Yasinskas
The deal defensive end Osi Umenyiora signed with the Atlanta Falcons last week is salary-cap friendly.
I just got a look at the official numbers on the two-year deal that’s worth $8.5 million. Umenyiora will cost the Falcons $3.75 million against this year’s cap.
Umenyiora got a $2.5 million signing bonus and his 2013 base salary will be a guaranteed $1.75 million. He also has a $750,000 roster bonus.
In 2014, Umenyiora’s base salary rises to $2.5 million and he has a $1 million roster bonus. His 2014 cap figure will be $4.75 million, but that could rise if Umenyiora meets an unspecified escalator clause.
Umenyiora was brought in to replace John Abraham, who was released at the start of free agency. Abraham had been scheduled to count more than $5 million against this year’s cap.