Aaron Jones’ contract:
Signing bonus: $13M
Salaries: $1M, $1.1M, $8.1M, $11.1M
Roster bonuses: $3.75M in 2022, $7M in 2023
Annual per-gamers: $200K in 2021, $400K in 2022-2023
Workout: $50K in 2021, $500K in 2022-2024
Pro Bowl escalator: $250K annually— Field Yates (@FieldYates) March 17, 2021
Aaron Jones’ four-year contract with the Green Bay Packers certainly looks like a team-friendly deal.
Field Yates of ESPN provided the full details of the deal, which includes a signing bonus of $13 million, minimum base salaries in 2021 and 2022 and $10.75 million in roster bonuses due in 2022 and 2023.
In 2021, Jones’ cap hit will be only $4,475,000.
Based on the structuring, the deal looks like a two-year agreement worth $20 million. After 2022, the Packers will have to decide if Jones is worth keeping in 2023 at a cap hit of over $19 million.
The savings by the third year will likely lead to the end of the contract, especially with a $7 million roster bonus due in March of 2023, but that’s a decision the team can make after the first two years of the deal.
Here’s the full year-by-year breakdown of the deal, via Ken Ingalls:
Aaron Jones contract breakdown for the #Packers
2021 Cap: $4,475,000
2022 Cap: $9,000,000
2023 Cap: $19,250,000
2024 Cap: $15,250,000 pic.twitter.com/IFwa0G7jTV— Ken Ingalls – Packers Cap 💰 (@KenIngalls) March 17, 2021
The Packers backloaded the contract with base salaries and the substantial roster bonus in 2023, helping keep cap numbers low in 2021 and 2022. This has to be considered a major win for Brian Gutekunst, Russ Ball and the Pakcers, who essentially re-signed Jones to a two-year deal worth the estimated amounts of the franchise tags for a running back in 2021 and 2022.
