My understanding it’s a one-year, $2.5 million deal for Devin Funchess with the #Packers — $1M signing bonus, $1.2M base salary, $50K workout bonus and $15,625 for each game active. Another $3.75M available in incentives, so max is $6.25M. https://t.co/r8Ghgpc2Ty
— Tom Pelissero (@TomPelissero) March 28, 2020
The contract for new Green Bay Packers receiver Devin Funchess is for one year and includes a decent signing bonus and plenty of incentives.
According to Tom Pelissero of NFL Network, the one-year deal is worth $2.5 million in base with a max of $6.25 million, which includes a $1 million signing bonus, $1.2 million base salary and $3.75 million in incentives.
His cap hit in 2020 will be $2,265,625.
The deal isn’t worth the veteran’s minimum as some projected, but it’s packed with incentives and won’t cost the Packers a significant amount unless Funchess has a big 2020 season. Only the signing bonus is guaranteed ($1,000,000). However, the Packers are certainly banking on Funchess making the team and contributing in a significant way this season.
Funchess played in only one game last season, so just $15,625 of his per-game roster bonuses will initially count against the 2020 cap. It can go to $2.5 million if he’s available for all 16 games (total of $250,000).
For reference, Geronimo Allison counted $2,800,000 against the Packers’ cap in 2019.
The structure:
Year | Base | Signing | Roster | Workout | Total |
2020 | $1,200,000 | $1,000,000 | $15,625 | $50,000 | $2,215,625 |
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