The Arizona Cardinals announced they brought back quarterback Colt McCoy for two more seasons. After performing well as Kyler Murray’s backup and even winning two of three games as a starter when Murray was hurt, he has earned a two-year deal.
The 35-year-old quarterback enters his 13th season.
His contract is for two years and $7.5 million.
We have the details of his contract, structure and salary cap implications below.
Colt McCoy contract details
McCoy gets a $2.5 million signing bonus, roughly double his total compensation last season.
His 2022 salary will be $1.25 million. It is fully guaranteed.
His 2023 salary is scheduled to be $3.75 million. $2.25 million of that is guaranteed, so you can count on him being the backup quarterback and on the roster both seasons.
Salary cap implications
Because it is a two-year contract, his signing bonus is split up half each year against the salary cap.
His salary and $1.25 million signing bonus proration make his cap hit $2.5 million in 2022.
That cap hit goes up to $5 million in 2023.
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