Details of the new four-year contract extension signed by Atlanta Falcons wide receiver Roddy White have been revealed. White’s deal is a four-year deal that adds three more years onto a contract that was previously set to end after the 2014 season. The total worth of the deal is $23 million, but can be pushed to $31.5 million due to $8.5 million in potential escalators on his base salaries from 2015-17.
White’s deal included a $7.55 million signing bonus, which is the only guaranteed portion of the deal. From his previous contract, there is also $1.325 million leftover in prorated bonus money that will also count towards his 2014 cap figure. His new deal barely affects the Falcons 2014 salary cap. Prior to his extension, White was set to count $6.325 million against the team’s cap. This deal only nets the Falcons cap savings of $112,500 this season.
In 2015, White will receive a $500,000 roster bonus on June 3. He is also due per-game roster bonuses of $46,875 if he appears on the 53-man roster each week. That translates to mean that assuming White makes the roster (a very, very safe assumption) and is not on a reserve list such as the injured reserve, he will earn that bonus each week. Those are worth up to $750,000 if he is on the 53-man roster for the entire season. If White is active on the Falcons 46-man roster each week, he will receive additional gameday roster bonuses of $15,625 which could be worth up to $250,000 for the entire season. White will earn those bonuses if he is active each Sunday, basically dependent on if he’s healthy enough to play each week.
In 2016 and 2017, White’s gameday 53-man roster bonuses increase to $62,500 for season totals up to $1 million. His 46-man roster bonuses will be $31,250 worth up to $500,000 for each season.
Essentially, the deal makes it very likely that White will play at least the next two seasons with the Falcons. In 2016, the Falcons could potentially release a then 34-year old White and save $2.3625 million against their salary cap. The team could save up to $4.5 million in cap space if White is released prior to the 2017 season. The Falcons could release White next offseason, if they designate him a post-June 1 release in 2015 but that seems unlikely. There is a fairly good chance that White will play out the life of his contract, since his cap hits marginally increase from where it stands now. There is expected to be a significant increase in the salary cap limit starting in 2016.
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