GREEN BAY, Wis. -- Jared Cook says he did not turn down a deal from the Green Bay Packers. Whatever happened between the two sides, they moved on after Martellus Bennett signed a three-year, $21 million contract on Friday.
The 30-year-old free agent tight end received $6.3 million guaranteed -- all in the form of a signing bonus. His $7 million average per year ranks 13th among all tight ends, according to ESPN Stats & Information.
It could turn into a one-year deal if the Packers don’t pay his $2 million roster bonuses in March 2018.
Bennett’s salary-cap charge is lowest in the first year. According to ESPN Stats & Info, the Packers still have slightly more than $29 million in cap space available for this season.
Here’s a year-by-year breakdown of the contract:
2017
Cash value: $8.05 million
Salary cap charge: $3.85 million
Signing bonus: $6.3 million
Weekly roster bonus: Up to $600,000 ($37,500 per game active)
Workout bonus: $250,000
Base salary: $900,000
2018
Cash value: $6.45 million
Salary cap charge: $8.55 million
Offseason roster bonus: $2 million (due the third day of the league year)
Weekly roster bonus: Up to $600,000 ($37,500 per game active
Workout bonus: $250,000
Base salary: $3.6 million
2019
Cash value: $6.5 million
Salary cap charge: $8.6 million
Weekly roster bonus: Up to $600,000 ($37,500 per game active)
Workout bonus: $250,000
Base salary: $5.65 million