Trey Smith Salary, Net Worth, Contract
|Trey Smith Salary||$940,000|
|Trey Smith Net Worth||$2,000,000|
|Source of Income||NFL|
|Trey Smith Forbes (Market Value)||$1,385,354|
|Total Contract Value||$3,610,708 (4 years)|
The latest development in the world of sports has surfaced as a sweet deal for none other than the esteemed Trey Smith who recently signed with the Kansas City Chiefs. As per the terms of the agreement, Smith is set to stay with the team for a solid four years, with a considerable sum of $3.6 million in tow. And, as if that wasn’t enough, he also received a noteworthy signing bonus totaling $130,708 and an additional guaranteed sum of the same amount. Needless to say, this has certainly set him off on the right foot.
When it comes to Smith’s annual salary, the numbers are not too shabby, as he is expected to make a handsome sum of $902,677 on average. And that’s just the tip of the iceberg! In 2023, he’s looking to earn a solid base salary of $940,000 which undoubtedly makes for some interesting cha-ching!
Now, at first glance, these figures may seem a tad perplexing, but don’t fret, I’ve got you covered. In 2023, Smith’s cap hit is estimated to be $972,677 and his dead cap value is $65,354. These figures simply refer to the amount that the Chiefs would be obligated to pay him in the event of his release before the end of his contractual agreement.
All things considered, this is an enormous win for Trey Smith and an outstanding maneuver for the Kansas City Chiefs. It seems as though everyone involved has every reason to rejoice!
|Year||Yearly Base Salary||Cap Hit|
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Recently, the Kansas City Chiefs made a significant move, inking Trey Smith to a 4-year contract worth an impressive $3,610,708. This deal includes a signing bonus of $130,708, and the amount is fully guaranteed. Examining the details of the contract, we find that Smith is set to earn an average annual salary of $902,677 over the duration of his four-year tenure with the Chiefs, which places him in the upper echelon of earners within the NFL.
In the upcoming year of our Lord 2023, it has been stipulated that the esteemed athlete, Mr. Trey Smith, shall receive a base salary of $940,000, which is no small sum. This is, in fact, a considerable elevation from his customary annual salary, and is indicative of the great confidence which the Chiefs have in his inestimable talents.
|Trey Smith Net Worth over the years|
It would be remiss of us not to take into account the cap hit for Mr. Smith, which shall be $972,677, and also his dead cap value, which shall be $65,354. These numerals are an indication of the funds which the Chiefs would be obliged to provide Mr. Smith with should they opt to terminate his contract before its natural conclusion. These numbers must be held in consideration when evaluating the comprehensive value of Mr. Smith’s contract.
All things considered, it is our firm conviction that the 4-year agreement between Mr. Trey Smith and the Kansas City Chiefs shall prove to be an enormous victory for both parties. With an admirable average annual salary, an opulent base salary in 2023, and a modest cap hit and dead cap value, this contract has laid the groundwork for Mr. Smith to excel both on and off the football field. The Chiefs have made a shrewd investment in one of the most outstanding players in the NFL.