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New contract details for Donte Moncrief show a salary cap charge of $3.25M in 2019

The contract details for the 2-year deal Donte Moncrief signed last week indicate another backloaded by the Steelers.

Pittsburgh Steelers v Indianapolis Colts Photo by Andy Lyons/Getty Images

The new contract details for one of the Pittsburgh Steelers more notable free agents signing this offseason finally emerged on Tuesday, with the numbers indicating another backloaded deal that is relatively cap friendly in year-one.

As per the figures released by Aaron Wilson of the Houston Chronicle and Steelers salary cap expert Ian Whetstone, the $9 million contract Donte Moncrief has signed with Pittsburgh will only cost $3.25 million against the cap in 2019.

After displacement, this deal will only have used up $2.755 million of the cap space currently available, while a signing bonus of just $3.5 million offers Moncrief only limited guarantees he will still be with the team in 2020. The former third-round pick is also due a roster bonus of $500,000 next season.

2019

  • Base salary - $1.5 million
  • Prorated signing bonus - $1.75 million
  • Salary cap charge - $3.25 million

2020

  • Base salary - $3.5 million
  • Roster bonus - $500,000
  • Prorated signing bonus - $1.75 million
  • Salary cap hit - $5.75 million

If the Steelers do not like what they see in Moncrief after his first season with the team, the receiver could easily be released by absorbing a dead money charge of $1.75 million next year, a move that would also create $4 million in salary cap savings. In terms of actual cash flow, Moncrief will earn $5 million in 2019 and $4 million in 2020.

Having played on a one-year deal worth $9.6 million with the Jacksonville Jaguars in 2018, it would be fair to say that Moncrief has accepted considerably less to join Pittsburgh this season. Still, more than enough to feed Moncrief for at least a year ...