The numeric details of Le'Veon Bell's four-year, $52.5 million deal with the Jets were released on Thursday, and it is safe to say New York got themselves a great deal for one of the most dynamic weapons in the NFL.
Breaking it down, Bell will earn $14.5 million for the 2019 season, but will only count for a $8.5 million cap hit because of the $2 million from his signing bonus and $4.5 million roster bonus to go along with a $2 million base salary. His two-year total, then, comes to $26 million with $11.5 million coming his way while being a $13.5 million cap hit.
There is a potential out of his contract in 2021, and it would only be a $4 million cap hit. But, to keep Bell from potentially sitting out again, the Jets implimented two $3 million training camp reporting bonuses in 2021 and 2022, which comes after the $35 million in guaranteed money has been shelled out.
It was already considered by many to be a steal for Bell, especially with the Steelers offering him a five-year, $70 million deal back in 2018. Pittsburgh would have given the 27-year-old $33 million over the first two years, and he now takes $7 million less to play for Gang Green.
In turn, this is a very big win for GM Mike Maccagnan, who set a Tuesday night deadline for Bell with the team's best offer, according to SNY's Ralph Vacchiano. Maccagnan didn't budge, and with Bell's market not coming together the way he and agent Adisa Bakari may have wanted it to, they took it.
So sitting out that full season didn't prove to be the best move for Bell from a money standpoint. But he is still much wealthier and can put all the criticism about the deal to rest by performing as his normal All-Pro self this season in green and white.