Saturday, January 21, 2012

Craig Stevens Contract Details

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

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