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Benson's contract has no incentive bonuses

Nov. 6, 2013
 
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Cedric Benson's contract reflects how little leverage running backs such as he and Ryan Grant had on the open market this year,  mainly because of their age. The 29-year-old Benson's one-year contract with the Packers not only is for the $825,000 minimum for a player in his eighth NFL season, it also includes no incentive bonuses for yards, playing time or anything else, according to a source with access to NFL salary information. Benson took two days to sign with the Packers after they contacted him last Friday, but it turns out the time wasn't needed for negotiating an extensive incentives package. More likely, Benson waited in hopes the Packers would improve their offer and eventually decided they weren't going to, so he accepted the minimum deal so he could begin practicing and enhance his chances of making the team. The source confirmed that Benson's one-year deal is for the $825,000 minimum and contained no guaranteed money, and also revealed that it includes no incentives, either. So if Benson makes the final roster, the Packers will get the veteran's minimum salary-cap relief, and Benson will count only $540,000 against their salary cap instead of the full $825,000. Also, Benson has a split salary, so if he goes on injured reserve at any time, his weekly salary will be prorated based on a $393,000 salary, or about $23,100 per week. His full salary will pay him about $48,500 a week.

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