The contract details for new Jacksonville Jaguars guard Andrew Norwell are out and this contract is structured really, really well, folks.
Andrew Norwell's $30 million fully guaranteed with the #Jaguars comes from a $15M signing bonus, $2M base salary in 2018 and $13M base salary in 2019. Big money for a big man.— Tom Pelissero (@TomPelissero) March 15, 2018
Also, thanks to Spotrac for the easy-to-read table outlining everything. A few things stand out about the contract.
It’s a five-year, $66.5 million contract but Norwell’s cap hit is only $5 million this year. His base salary is just $2 million. That cap hit number jumps up to $16 million in 2019. That, paired with the fact that Blake Bortles’ deal can work out to an essential one-year deal, tells me this team is going all in on this year.
There’s also an out during the 2020 offseason with only $9 million in dead cap if the Jaguars decide to move on. That’s prudent cap management by John Idzik — the player is getting nearly half their money guaranteed and the team isn’t locking themselves into a new guy for more than two years.
All in all, a very good deal for a very good player. You’re making yourselves immediately better while keeping an eye on the future.