The Baltimore Ravens signed Melvin Gordon to a one-year deal worth up to $3.1 million in hopes that the veteran can aid their running back room at least through training camp and the preseason. Early reports indicated that the contract was worth up to $3.1, but the rest of the details were unknown at the time.
Earlier in the week, Brian McFarland of Russell Street Report broke down Gordon’s contract, saying that the base salary of the deal is $1.165 million. He later clarified that there is no guaranteed money in the deal, but $2 million in incentives that cover a wide range of outcomes.
Gordon’s 1yr deal includes no bonus, but has a fully gtd base salary of $1.165M. That is also his 2023 Cap #. The balance of the $3.1M is $1.935M in NLTBE incentives (still unknown) that do not count against the 2023 Cap. If earned, those will count as a debit on the 2024 Cap. https://t.co/8GoJUxBYyN
— Brian McFarland (@RavensSalaryCap) July 28, 2023
To add to this, as @jamisonhensley reported, there is no gtd money in the deal. There is $2M in incentives, as follows:
$250K for 45% O snaps
$250K add’l for 55% snap
$500K for PB
$250K for 700 yds
$250K add’l for 900 yds
$250K add’l for 1150 yds
$250K add’l for 1350 yds https://t.co/gerolQ5ACP— Brian McFarland (@RavensSalaryCap) July 29, 2023