NFL Free Agency 2022: Matt Barkley contract details
The Buffalo Bills moved to backup quarterback last offseason, leaving Matt Barkley to walk and signing former top 2 pick Mitch Trubisky. Barkley bounced back, spending the preseason and first two months on the practice squad with the Tennessee Titans. The Carolina Panthers added him to their active roster for seven weeks when they suffered QB injuries, but he was cut and claimed by the Atlanta Falcons, who then cut and claimed him. placed on their practice squad.
In short, people like Barkley as a veteran support option, but not as a plan A, B or C. The contract he signed with the Bills in free agency reflects that and indicates that he takes into loads the Davis Webb “break glass in case of emergency” QB on the practice squad in 2022.
His salary of $1.12 million is the veteran minimum for the number of years he has in the NFL and his cap is only $920,000 thanks to the veteran salary benefit.
The NFL veterans’ wage advantage is enshrined in the collective agreement. Formerly known as the Minimum Veteran Exception, it has been renamed in the 2021 CBA and allows teams to count veterans at a lower cap number while paying them more money. It can only be used on players with more than four seasons of experience to earn the veteran minimum base salary and teams can pay up to $152,500 in additional compensation in the 2022 NFL year. . After all this, the player’s hit cap is reduced to that of a player with two accredited seasons plus the additional compensation.
Barkley did not receive the maximum allowed $152,500 in additional compensation, however, as he only signed for a $25,000 signing bonus. Marquel Lee and Shaq Lawson both got the highest amount. He hasn’t even signed for the highest allowable veteran minimum, if that explains where he is in his career or what expectations you might have.
Signing bonus: $25,000
Base salary: $1.12 million ($100,000 guaranteed)
Cap reached: $920,000
Dead cap if cut: $125,000
Maximum savings in the event of reduction: $795,000