If defensive end Julius Peppers ends up being a one-year player for the Green Bay Packers, he’ll count $3.5 million against this year’s salary cap and $5 million against the 2015 cap.
Peppers’ three-year contract is worth $26 million, or an average of $8.67 million a season, according to a source with access to NFL salary information. But the structure of the deal and Peppers' age (34) makes it more likely a one-year deal in reality.
Peppers already has received a $7.5 million bonus and will make a base salary of $1 million this season for $8.5 million in 2014 pay. His $3.5 million cap number consists of $2.5 million in prorated bonus plus the $1 million base salary.
If the Packers cut him after this season, the remainder of his bonus will count against the 2015 cap unless the team designates him a post-June 1 cut. So if cut without the post-June 1 designation, he’d count $5 million on the 2015 cap. With the post-June 1 designation, he’d count $2.5 million on the 2015 cap and $2.5 million on the ’16 cap.
In 2015, Peppers’ contract calls for him to make up to $9.5 million: $8.5 million base salary; up to $500,000 on roster bonuses that pay $31,250 for each week he’s on the 46-man game-day roster; and a $500,000 workout bonus. He’ll count $12 million on the 2015 salary cap.
In 2016, Peppers’ base salary is $7 million, plus he’ll make the weekly roster bonuses of up to $500,000 and the $500,000 workout bonus, for a total of $8 million. He’ll count $10.5 million on the 2016 cap.