The Steelers signed three new contracts on Tuesday where overall financial numbers were initially reported. But now, as the totals for signing bonuses and yearly base salary come out, the calculation for how they will affect the salary cap for 2020 can be done precisely.
First is the contract the Steelers signed for fullback Derek Watt. Initially reported at $9.75 million for three years, the exact breakdown comes courtesy of Aaron Wilson of the Houston Chronicle.
Derek Watt (Steelers) three years, $9.75M, $3.25M signing bonus, salaries $1M, $1.75M, $2.75M; due a $1M 2021 roster bonus third year
— Aaron Wilson (@AaronWilson_NFL) March 18, 2020
With these numbers, Watt’s $3.