Final week, we reported that Tyron Smith’s new contract with the Jets pays out $6.5 million, with one other $13.5 million in upside. The majority of the upside is tied to taking part in time.
Albert Breer of SI.com has the small print. Smith can earn one other $12 million in 2024 via a two-tiered playing-time incentive.
The primary pays $750,000 for 38 % of the snaps, $1.75 million for 44 %, $2.75 million for 50 %, $3.75 million for 56 %, $4.75 million for 62 %, or $5.75 million for 68 %.
The second incentive kicks in after the primary $5.75 million is earned. At 74 %, he will get one other $1.25 million. At 80 %, that quantity doubles to $2.5 million. At 86 %, it’s $3.75 million. At 92 %, it strikes to $5 million. At 98 %, maxes out at $6.25 million.
So if Smith takes not less than 98 % of the offensive snaps in 2024, he’ll make $18.5 million in all.
He will get $250,000 per postseason win and $500,000 for making the Professional Bowl. That may push his earnings to $20 million.
Nonetheless, the Jets get him for under $6.5 million. If he doesn’t play not less than 38 % of the snaps, he gained’t get any of the $12 million accessible in playing-time incentives.
It’s an ideal deal for the Jets. And it helps clarify why the Jets had been stunned when he took the provide.
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