Minnesota Vikings cornerback Cedric Griffin signed a 5-year, $28.5 million dollar contract extension last Friday. Here are some of the details.
Before signing the extension, Griffin was due to make $535,000 in 2009, the final year of the 4-year contract he signed after being the 48th overall pick of the 2006 NFL Draft. According to NFLPA records, Griffin has the following base salaries:
2009 - $2,535,000
2010 - $3,000,000
2011 - $3,335,000
2012 - $4,100,000
2013 - $4,850,000
2014 - $5,450,000
Overall, that adds up to a $22.75 million dollars in base salaries.
Now for the unofficial part.
Based on the total reported value of his extension ($28.5M), and the reported guaranteed portion of the deal ($10.5), and my own knowledge of how NFL contracts are structured, I would guess that Griffin received a $5,000,000 signing bonus and his 2009 and 2010 base salaries ($2.535M and $3M) are fully guaranteed, giving him a total guarantee of $10.535M dollars.
Under this calculation, to reach the $28.5M in new money this deal has, Griffin likely has $125K workout bonuses from 2009-14.
If this is the case, Griffin's cap numbers would be:
2009 - $3.985M
2010 - $4.125M
2011 - $4.46M
2012 - $5.225M
2013 - $5.975M
2014 - $5.575M
Like I said, the base salaries are 100% official, with the signing/workout bonus/salary cap implications part being just my best guess at what those figures are. I've been pretty accurate with these details (nailed the T.J. Houshmandzadeh contract to the penny.)