Contract details for former Packers Blake Martinez, Bryan Bulaga

Both LB Blake Martinez and RT Bryan Bulaga signed three-year deals that will likely end up being two-year deals.

The details are in for the contracts signed by former Green Bay Packers linebacker Blake Martinez and right tackle Bryan Bulaga.

Both players signed three-year deals worth around $30 million. Martinez agreed to his deal with the New York Giants, while Bulaga agreed to sign with the Los Angeles Chargers.

Both deals look like they’ll end up being two-year deals.

Martinez didn’t get a signing bonus but received $19 million guaranteed, with $10 million of it in the form of a roster bonus in 2020, according to Over the Cap. His cap hit this season will be $14 million. He’ll also have $5 million of his 2021 salary guaranteed, but the structure – namely the lack of a signing bonus – gives the Giants real flexibility. There’s no guaranteed money past 2021, and the Giants can release him and save all $8,525,000 on the cap in 2022. Effectively, it’s a two-year deal worth $22,250,000.

Year Base Roster Workout Cap Cash
2020 $4,000,000 $10,000,000 $14,000,000 $14,000,000
2021 $8,125,000 $100,000 $8,225,000 $22,250,000
2022 $8,425,000 $100,000 $8,525,000 $30,750,000

The Packers replaced Martinez at linebacker with Christian Kirksey, who signed a two-year deal worth a base of $13 million, and his cap hit is below $5 million in 2020.

In Los Angeles, the Chargers landed a top-level right tackle at a nice price.

Bulaga’s deal included a $10 million signing bonus and almost $20 million guaranteed, according to Wilson, but the Chargers were able to keep his cap hit in 2020 under $5 million. He’ll take up only $4,833,333 on this year’s cap.

For comparison’s sake, consider that new Packers right tackle Rick Wagner will count $4,812,500 on the cap in 2020.

The deal looks like a strong one for the Chargers. More than likely, it will end up being nothing more than a two-year, $19.25 million deal, with a clear out for the Chargers before 2022. The team can save over $10 million on the 2022 cap by releasing before paying his roster bonus.

Year Base Signing Roster Cap Cash
2020 $1,500,000 $3,333,333 $4,833,333 $11,500,000
2021 $7,750,000 $3,333,333 $11,083,333 $19,250,000
2022 $8,250,000 $3,333,334 $2,500,000 $14,083,334 $30,000,000

Bulaga was originally projected to command at least $12 million per year, but the Chargers got him well below that number, and at little risk over the long term.

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