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Posted on 3/12/13 at 6:49 pm to wildtigercat93
quote:
Per a league source, it’s a six-year, $67 million deal that replaces the last year of Harvin’s rookie deal, at $2.775 million in salary.
Thus, the total average is $11.16 million. In new money (i.e., $67 million less the $2.775 million over five years), Harvin’s average annual haul is $12.845 million.
He gets a $12 million signing bonus, paid in full by the end of 2013 in a state that has no income tax.
The base salaries are $2.5 million in 2013 (fully guaranteed), $11 million in 2014 (guaranteed for injury for now, fully guaranteed on fifth day of the 2014 waiver period), $10.5 million in 2015, $9.9 million in 2016, $9.95 million in 2016, and $11.15 million in 2017.
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