Ronald Leary Broncos deal: $36M, $24M gtd, $3.5M signing bonus, salaries $2.5M, $7.65M, $8.15M, $8.15M; $5M roster bonus March 15
— Aaron Wilson (@AaronWilson_NFL) March 10, 2017
Ronald Leary $8.15 million salary in 2020 is an option year
— Aaron Wilson (@AaronWilson_NFL) March 10, 2017
Ronald Leary's 4-year, $36M deal with #Broncos includes $18.65M fully guaranteed at signing. Trigger: $5.35M would be fully gtd March '19.
— Tom Pelissero (@TomPelissero) March 10, 2017
Beyond the fold is the table of how Leary’s contract table should look via reports from Wilson and Pelissero:
Year | Base Salary | Prorated Signing Bonus | Roster Bonus | Cap Number | Dead Money (pre-6/1 cut) | Cap Savings |
2017 | $2,500,000 | $875,000 | $5,000,000 | $8,375,000 | $13,650,000 | ($5,275,000) |
2018 | $7,650,000 | $875,000 | $250,000 | $8,875,000 | $10,275,000 | ($1,400,000) |
2019 | $8,150,000 | $875,000 | $250,000 | $9,375,000 | $1,750,000 | $7,625,000 |
2020 | $8,150,000 | $875,000 | $250,000 | $9,375,000 | $875,000 | $8,500,000 |
italics – fully guaranteed money
This contract is a firm two year commitment by the Broncos to Leary–barring a trade they will not be able to get out of it until 2019 without serious dead money consequences. This is also a contract that is rather light on a signing bonuses and rather heavy on salaries and roster bonuses to provided guaranteed money. This gives Leary a higher cap number than typical in 2017, but lower than typical in later years.
Finally, as should be no surprise, the Broncos hold a team option on the final year, allowing Leary to become a UFA one year early and allowing Leary to count in their favor for 2021 compensatory picks (should they still exist in the next CBA).
UPDATE – 3:45 PM MT: Wilson and Pelissero did not mention that from 2018-2020, Leary is due $250,000 in annual per-game roster bonuses, and $100,000 in annual workout bonuses. This information was discovered by Jason, and you can see his version of Leary’s contract table here.