Last updated on January 3, 2016 11:15 AM EDT

Jerod Mayo

Year Salary Prorated
Signing Bonus
Amortization
Roster Bonus LTBE Workout Bonus Total Cap Figure Cash Received Remaining Guaranteed Money Cap Hit if Cut Cap Savings if Cut or Traded Comments
2008 $295,000 $1,505,000 $1,800,000 $1,800,000 $1,800,000 $1,505,000 roster bonus
2009 $500,000 $2,275,000 $7,280 $2,782,280 $9,607,280 $9,100,000 $9,100,000 option bonus
2010 $470,000 $4,275,000 $107,280 $4,852,280 $6,577,280 $12,825,000 $6,000,000 signing bonus
2011 $600,000 $5,475,000 $208,120 $6,283,120 $6,808,120 $14,500,000 $6,000,000 signing bonus
2012 $1,150,000 $7,875,000 $200,000 $9,225,000 $13,350,000 $21,075,000 $12,000,000 option bonus
2013 $1,250,000 $3,600,000 $500,000 $300,000 $250,000 $5,900,000 $1,687,500 $13,200,000 $13,200,000 $31,250 per active game roster bonus
300K NLTBE Pro Bowl bonus
2014 $3,250,000 $3,600,000 $187,500 $250,000 $7,287,500 $3,687,500 $9,600,000 $9,600,000 Salary guaranteed for injury only
$31,250 per active game roster bonus
300K NLTBE Pro Bowl bonus
2015 $1,500,000 $4,600,000 $6,240 $6,106,240 $4,506,240 $10,500,000 $1.5 million salary fully guaranteed
300K NLTBE Pro Bowl bonus
2016 $4,400,000 $4,400,000

Jerod Mayo - Drafted rookies are automatically considered to have been tendered the rookie minimum - $295,000.
December 31, 2008 update According to the USAToday NFL player salary database Mayo earned $1,505,000 as a roster bonus. Mayo's future salaries are as follows:


March 18, 2009 update Pats1 noticed that Mayo's salaries are now listed as: I believe that in return for lowering his salaries by $9.1 million Mayo was given a $9,100,000 option bonus. I am also presuming that option bonus was prorated over 4 years. I think that his cap numbers are as follows:
June 16, 2010 update On May 20th ESPNBoston's Mike Reiss blogged that "in a minor move, the Patriots restructured the contract of inside linebacker Jerod Mayo earlier this year, redistributing money while keeping the length of the contract the same (Mayo is signed through 2012). Mayo benefitted because he received more up-front money. The Patriots benefitted because they used 2009 salary cap space and gave themselves future financial flexibility." I found out later that the amount of the signing bonus was around $6 million so that will be the figure that I will use on these pages.

February 24, 2013 update Mac's Football Blog reported on December 20, 2011 that Mayo's deal breaks down as:
Signing bonus: $6 million
2012 Option bonus: $12 million
Base salaries


Total base salary: $27.5 million, $26.75 million of which is considered "new" money.
In addition, Mayo has $500,000 in per game roster bonuses from 2013-17 ($2.5M total) and $250,000 workout bonuses from 2013-17 ($1.25M total). Combined with the signing/option bonuses and base salary, the amount of new money is $48.5 million, or $9.7 million per year...Mayo can also earn $300,000 in annual incentives tied to Pro Bowls from 2013-17, and next year's base salary can increase by up to $800,000 under his previous contract.

April 29, 2015 update ESPN.Com's Field Yates reported on April 29, 2015 that "Jerod Mayo recently agreed to a contract restructure, creating $4.1 million in cap space for the team in 2015 by lowering his cap charge to $6.1 million.

Below is a closer look at the new deal, which includes $4.5 million guaranteed, including $3 million in a signing bonus, and a team option in both 2016 and 2017.

2015
Signing bonus:$3 million
Base salary: $1.5 million (guaranteed)
Incentives: Up to $1.8 million (tied to playing time, making the Pro Bowl and team qualifiers)
Cap value: $6.1 million
Cash value: $4.5 million

2016
Roster bonus:$4 million due on the first day of the league year if the team exercises his 2016 option
Base salary: $3.25 million
Roster bonus: Up to $500,000 ($31,250 for each game he is on the 46-man active roster)
Incentives: $300,000 for making the Pro Bowl
Workout bonus: $250,000
Cap value: $11.4 million
Cash value: $8 million

2017
Roster bonus: $2 million due on the first day of the league year if the team exercises his 2017 option
Base salary: $6.75 million
Roster bonus: Up to $500,000 ($31,250 for each game he is on the 46-man active roster)
Incentives: $300,000 for making the Pro Bowl
Workout bonus: $250,000
Cap value: $10.5 million
Cash value: $8 million

QUICK-HIT THOUGHTS: This further information reaffirms what our initial sense on the deal was when the restructure was agreed to -- 2015 will be a year for Mayo to prove he is fully healthy and also to re-immerse himself back into the defense. With a manageable cap number and a $4.5 million guarantee for 2015, he is a roster lock for this season. The team has flexibility on the final two years, and if Mayo returns to the form he showed earlier in his career, the team might be enticed to exercise one or both of the options despite an $11.4 million cap charge. A projected rising salary cap is another factor to consider, as that will afford teams more flexibility. For now, the focus for both sides is getting back to work on 2015.

February 16, 2016 update With Jerod Mayo's retirement the Patriots gained $6.475 million in cap space while having $4.4 million in dead money.

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