Details on Mark Ingram’s contract with the Saints are starting to roll in.
According to details released by The National Football Post’s Aaron Wilson, Ingram’s four-year, $16 million deal contains $7.6 million in guaranteed money and comes with a $3.6 million signing bonus. It also contains an annual workout bonus of $100,000.
He will receive base salaries of $1 million, $3 million, $3 million and $4 million over the life of the contract, respectively.
The deal contains $500,000 roster bonuses in 2017 and 2018. He also has salary escalators worth up to $200,000 and $400,000 in 2016 and 2017 for rushing yards.
The last year of the deal voids if Ingram makes the Pro Bowl between 2015-2017 or is an All-Pro in 2017.
So, doing some basic math, it appears Ingram will have a cap charge of $2 million in the first season. The team saved $1.735 million by releasing running back Pierre Thomas last week.
The cap charges jump to $4 million, $4.5 million and $5.5 million in the ensuing years.
So, in terms of the cap, Ingram basically takes Thomas’ place in 2015.