Late last week, the Tennessee Titans locked up No. 2 tight end Craig Stevens to a four-year contract worth nearly $15 million. Below is a breakdown of that contract, which according to a league source, is officially valued at $14.4 million.
Signing bonus: $4 million
Base salaries
2012: $1 million
2013: $2.5 million
2014: $3.4 million
2015: $3.5 million
The signing bonus is prorated over four seasons, therefore add $1 million to his base salaries to determine Stevens' cap numbers.
The $3.6 million APY ranks 19th among current tight end contracts, just below Visanthe Shiancoe's expiring five-year, $18.5 million contract with the Minnesota Vikings, which is pretty good for an effective blocker with 21 receptions in a 58-game career.
source: Mac's Football Blog
author: Brian McIntyre
photo: http://www.titansonline.com
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