Jermaine Johnson Salary, Net Worth, Contract
|Jermaine Johnson Salary||$1,299,884|
|Jermaine Johnson Net Worth||$2,500,000|
|Source of Income||NFL|
|Jermaine Johnson Forbes (Market Value)||$4,759,070|
|Total Contract Value||$13,087,443 (4 years)|
Jermaine Johnson has recently inked a substantial contract with the New York Jets, and the financial particulars of this deal are mind-boggling. The agreement is worth a staggering $13,087,443, which includes an awe-inspiring $6,698,140 signing bonus and $13,087,443 of guaranteed money. Johnson’s future with the Jets looks exceedingly bright, as he will be raking in an average annual salary of $3,271,861.
However, as we peek into the future and turn our gaze to 2023, we notice that Johnson’s base salary for that year will be $1,299,884, which, at first glance, may appear to be a large sum. Nevertheless, it is crucial to observe that he will also be saddled with a cap hit of $2,974,419, an astounding figure by any metric. To make matters worse, his dead cap value will be an exorbitant $10,707,908. This implies that, if the Jets were to release him, they would still be obligated to pay him that gargantuan sum.
All things considered, it is quite apparent that Jermaine Johnson’s contract with the Jets is a source of intense jealousy. It is clear that the Jets have high expectations for Johnson and are prepared to put their money where their mouth is. Given the lavish nature of his compensation, Johnson has the potential to ascend to the upper echelon of players in the league and exert a substantial influence on the field. It is with bated breath that we await the unfolding of this emerging star’s future!
|Year||Yearly Base Salary||Cap Hit|
Jermaine Johnson’s Contract: A Deep Dive into the Fine Print
It comes as no surprise that the New York Jets, a team on the rise, made a sizeable investment in defensive end Jermaine Johnson, with a whopping four-year deal worth $13,087,443. Let’s examine the minute details of this contractual agreement and decipher its implications for the Jets.
The Signing Bonus and Guaranteed Funds
To kick things off, the Jets showered Johnson with a colossal $6,698,140 signing bonus, setting a new franchise record for defensive players. Not to mention, the entire contract’s sum is fully guaranteed, which means Johnson is entitled to the whole paycheck, even if he ends up warming the bench all season.
Average Annual Salary
With an average yearly income of $3,271,861, Johnson has found himself among the most lucrative defensive players in the league. His outstanding performance warrants such remuneration, as he brings incredible value to the Jets defense.
Base Salary and Cap Hit
Johnson’s base salary for 2023 is a reasonable $1,299,884, given his pedigree and the massive signing bonus he received. However, his cap hit stands at a staggering $2,974,419, a massive sum that could put the team in financial jeopardy if they’re not careful.
|Jermaine Johnson Net Worth over the years|
Dead Cap Value
The dead cap value for Johnson’s contract is a whopping $10,707,908. This means that even if the Jets terminate his contract prematurely, they would still have to pay him a substantial amount of money.
In summary, Johnson’s agreement with the Jets is a significant financial commitment for the team. With an enormous signing bonus, guaranteed funds, and a high average annual salary, he’s among the league’s highest-paid defensive players. But managing his cap hit cautiously is crucial for the Jets, as they can’t afford to run into financial troubles down the line.