According to Aaron Wilson of Ravens Insider Mark Ingram four year deal is worth $16 million. That we pretty much already knew. $7.6 million is the reported guaranteed money, $3.6 million signing bonus, 2015 salary of $1 million, 2016 at $3 million, 2017 at $3 million and the final year in 2018 at $4 million. We all know how those final years of a contract usually plays out. Based on these numbers, Mark's cap hit for 2015 would be $2 million. $900k prorated signing bonus, plus $1 million 2015 salary, and $100K workout bonus.
While the release of Pierre Thomas helps pay for most of this $2,000,000 2015 cap hit, the Saints have much more work to get done to comply with the salary cap. Stay tuned folks, more cuts and restructures are surely coming.
Pre-reply: "Don't call me Shirley
Mark Ingram Saints deal: four years, $16M, $7.6M guaranteed, $3.6M sign bonus, salaries $1M, $3M, $3M, $4M, annual $100,000 workout bonus— Aaron Wilson (@RavensInsider) March 9, 2015
And much like Deuce's contract in the past, there are some salary escalators built in.
Mark Ingram has up to $200,000 base salary escalator for rushing yards in 2016, up to $400,000 escalator in 2017 for rushing yards— Aaron Wilson (@RavensInsider) March 9, 2015