I breakdown Staley’s recent extension
So the 49ers extended Joe Staley last Monday, and now we have full terms.
The deal is worth $28 million, averaging $14 million a year, and guarantees Staley $12.8 million fully, with another $10.55 million in injury guarantees.
He received a $1.5 million signing bonus, $3.75 million guaranteed roster bonus, along with yearly $500,000 per game roster bonuses, and yearly $200,000 workout bonuses.
As part of the extension, Staley reduced his base salary from $8.05 million to $7.55 million, and that is now fully guaranteed.
Below is the breakdown of the deal, including his 2019 season.
2019:
Base Salary: $7.55 million
Signing Bonus Proration: $2.7 million
Guaranteed Roster Bonus: $3.75 million
Per Game Roster Bonus: $500,000
Workout Bonus: $200,000
Cap Number: $14.7 million
2020:
Base Salary: $10.55 million
Signing Bonus Proration: $500,000
Per Game Roster Bonus: $500,000
Workout Bonus: $200,000
Cap Number: $11.75 million
2021:
Base Salary: $11.3 million
Signing Bonus Proration: $500,000
Per Game Roster Bonus: $500,000
Workout Bonus: $200,000
Cap Number: $12.5 million
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