According to contract details obtained by ESPN.com, Jackson’s first-year cap figure will be only $2.916 million. His three-year deal is worth at least $12 million and included a $3.5 million signing bonus.
Jackson’s base salary in 2013 will be $1.75 million, with $500,000 of that guaranteed.
In 2014, Jackson’s base salary jumps to $3 million and his cap figure rises to $4.166 million. In 2015, Jackson’s base salary increases to $3.75 million and his cap figure is scheduled to be $4.916 million.
The deal also includes unspecified escalator clauses that could increase Jackson’s base salary in 2014 and 2015.