Here are cap figures, bonuses, base salaries, and more.
On Monday, the San Francisco 49ers signed LB Kwon Alexander to a 4-year, $54 million deal that includes $27 million guaranteed. Today, we received the full details of the contract.
Kwon Alexander (49ers), $54M, $27.5M gtd, $4M signing bonus, $8.5M fourth day 2019 roster bonus, salaries $1.75M (gtd), $11.25M (gtd inj at signing, skill-capp if on roster April 1, 2020; $12.55M, $12.65M, $46,875 per game active annual
— Aaron Wilson (@AaronWilson_NFL) March 12, 2019
It should be noted that Aaron’s numbers added up to $300,000 short of the $54M. Whether it’s a rounding error, or there are other unnamed incentives we don’t know about, these numbers aren’t concrete. It could be workout bonuses, since the 49ers often include them. The signing and roster bonuses for the next two years come up about $2 million short of the guaranteed money Aaron lists as well.
Alexander received a $4 million signing bonus, and is due a $8.5 million roster bonus on the fourth day of the new league year. His 2019 base salary of $1.75 million is fully guaranteed at signing, and his 2020 base salary of $11.25 is guaranteed for injury. The 2020 base salary becomes fully guaranteed on April 1, 2020.
Here’s a breakdown of each year, pending any additional developments. The team was wise to protect themselves of injury. The contract actually reads a lot like Jerick McKinnon’s where the 49ers can get out of it early.
2019
Base Salary: $1.75 million
Roster Bonus: $8.5 million
Per Game Roster Bonuses: $750,000 ($46,875 per game)
Prorated signing bonus: $1 million
Cap Hit: $12 million
2020
Base Salary: $11.25 million
Per Game Roster Bonuses: $750,000 ($46,875 per game)
Prorated Signing Bonus: $1 million
Cap Hit: $13 million
2021
Base Salary: $12.55 million
Per Game Roster Bonuses: $750,000 ($46,875 per game)
Prorated SB: $1 million
Cap Hit: $14.3 million
2022
Base Salary: $12.65 million
Per Game Roster Bonuses: $750,000 ($46,875 per game)
Prorated SB: $1 million
Cap Hit: $14.4 million