Darren Waller's Contract Details and Impact on the Raiders' Cap Situation
Base Salary and Workout Bonus
In 2024, Darren Waller will earn a base salary of $10,525,000 and a workout bonus of $200,000. This combined total of $10,725,000 represents a significant investment by the Raiders in their star tight end.
Cap Hit and Dead Cap Value
Waller's contract carries a cap hit of $14,083,750 and a dead cap value of $14,083,750. The cap hit is the amount of money that counts against the Raiders' salary cap each year, while the dead cap value is the amount of money that would be lost if Waller were to be released before the end of his contract.
Cash Payout and Cash to Cap Ratio
Waller will receive a cash payout of $12,000,000 in 2024, which represents 402% of the Raiders' total spending that year. The cash to cap ratio is a measure of how much money a team is committed to paying its players in cash compared to its salary cap limit.
Guaranteed Salary
Darren Waller received $22 million in guaranteed salary from his contract, with $19.25 million of that amount being fully guaranteed at signing. This means that the Raiders are obligated to pay Waller this amount regardless of whether he remains on the roster.
Impact on the Raiders' Cap Situation
Darren Waller's contract has a significant impact on the Raiders' cap situation. His high cap hit and large guaranteed salary limit the team's ability to sign other players or make other roster moves. However, the Raiders believe that Waller is worth the investment, as he is one of the best tight ends in the NFL.
The Raiders will need to carefully manage their salary cap in order to build a competitive team around Waller. They may need to make some difficult decisions about other players' contracts or consider restructuring Waller's deal in the future.
Comments