Brian McIntyre, a salary cap specialist writing for Yahoo Sports, has obtained the contract details of Seattle Seahawks safety Kam Chancellor’s new deal.
Chancellor reportedly signed a four-year, $28 million extension, which included $17 million in guaranteed money.
According to McIntyre’s report, Chancellor received a $5 million signing bonus, and his $1.323 million non-guaranteed base salary in 2013 was increased to $2.825 million in fully guaranteed base salary as part of the deal.
McIntyre writes that the signing bonus and base salary bump increased Chancellor’s cap number from $1,376,404 to $3,878,403, a $2,501,999. That bump in base salary for Chancellor leaves the Seahawks with around $4.698 million in cap space for 2013.
According to the NFLPA salary database, Chancellor’s base salary is $ 4,725,000 in 2014, $ 4,550,000 in 2015, $ 5,100,000 in 2016 and $6,800,000 in 2017.
McIntyre provides more details on Chancellor’s contract below.
Moving forward, Chancellor is due $4.725 million in base salary in 2014. That amount is currently guaranteed for injury only, but will become fully guaranteed if Chancellor is on the Seahawks’ roster five days after Super Bowl XLVIII. In 2015, Chancellor has a base salary of $4.55 million, of which $4.45 million is currently guaranteed for injury only and will become fully guaranteed if the 2010 fifth-round pick out of Virginia Tech is on the roster five days after Super Bowl XLIX.
Chancellor has base salaries of $5.1 million in 2016 and $6.8 million in 2017, the final year of the deal. Also in 2017, Chancellor has $325,008 in “per game active” roster bonuses, or $20,313 per game he is active.
From 2014-17, Chancellor’s cap numbers are $5.725 million (2014), $5.55 million (2015), $6.1 million (2016) and $8.125 million in 2017.