Cameron Meredith

Chicago Bears wide receiver Cameron Meredith (81) rushes against the Detroit Lions during an NFL football game at Ford Field in Detroit, Sunday, Dec. 11, 2016. (AP Photo/Rick Osentoski)

That Saints signed wide receiver Cameron Meredith a two-year deal worth $9.5 million, according to a source. The contract comes with $5.35 million in guarantees, including a $3.5 million signing bonus.

Meredith will count $2.7 million against the salary cap in 2017, with a fully guaranteed base salary of $850,000. He can also earn a $100,000 workout bonus.

His base salary jumps in 2019 jumps to $3.4 million. His deal also comes with a $1 million roster bonus, guaranteed for skill and injury, and $34,375 million in per-game roster bonuses. The workout bonus remains in place. His cap number for the season is $6.8 million.

2018

Base salary: $850,000 (fully guaranteed)

Signing bonus proration: $1.75 million

Workout bonus: $100,000

2019

Base salary: $3.4 million

Roster bonus: $1 million (guaranteed for skill and injury)

Roster bonus per game: $34,375 (up to $550,000)

Workout bonus: $100,000


Follow Nick Underhill on Twitter, @nick_underhill.​