SNR reporting Watt signed to a 4 year extension worth $112 million with $80 million guaranteed. So he's signed for the next 5 years. That's $22 million/year!
Let's Go!
effyou515 likes this post
effyou515
Posts : 5116 Join date : 2011-09-28 Location : from upper Ohio Valley to Conyers Ga.
Subject: Re: Watt Signed Thu Sep 09, 2021 5:33 pm
kirklandrules wrote:
Thought this deserved it's own thread.
SNR reporting Watt signed to a 4 year extension worth $112 million with $80 million guaranteed. So he's signed for the next 5 years. That's $22 million/year!
Let's Go!
and sack some QBs.
_________________ When the truth gets buried deep Beneath the thousand years asleep Time demands a turnaround And once again the truth is found
Great Randino
Posts : 2375 Join date : 2018-08-31
Subject: Re: Watt Signed Thu Sep 09, 2021 5:37 pm
Awesome. Love Watt, he's great, and well worth the investment.
Let's Go Steelers!
IowaSteeler927
Posts : 5054 Join date : 2015-04-11 Location : Des Moines, Iowa
Subject: Re: Watt Signed Thu Sep 09, 2021 6:10 pm
Hell yeah!
_________________
"Success isn't owned, it's leased and the rent is due every day." - TJ Watt
If these reports are accurate, his $10M for this year is added to the extension. So he has 5 years at $122M. Supposedly he over ruled his agents who wanted more and accepted the Steelers last offer.
effyou515 and solardave like this post
LambertWardSteel
Posts : 1643 Join date : 2015-05-14 Location : Myerstown PA
Subject: Re: Watt Signed Fri Sep 10, 2021 12:12 am
Awesome he is a Steeler long term. Post Gazette is reporting it as the largest contract and guaranteed money they've ever given a player
Quote :
The Steelers and All-Pro linebacker T.J. Watt have agreed on a new five-year contract worth $122.1 million with $80 million guaranteed — the largest contract and guaranteed money they have ever given a player, even Ben Roethlisberger, the Post-Gazette has learned.
Posts : 6226 Join date : 2011-09-30 Location : State of Confusion
Subject: Re: Watt Signed Fri Sep 10, 2021 3:53 am
I was pretty sure they'd get it done so I'm happy he can now go to work earning DPOY .
effyou515
Posts : 5116 Join date : 2011-09-28 Location : from upper Ohio Valley to Conyers Ga.
Subject: Re: Watt Signed Fri Sep 10, 2021 7:00 pm
Steelers first string was getting pretty good pressure on QBs this preseason with Watt not in any of those games.
_________________ When the truth gets buried deep Beneath the thousand years asleep Time demands a turnaround And once again the truth is found
SteelerFreak58
Posts : 2692 Join date : 2015-09-13 Location : Modesto CA
Subject: Re: Watt Signed Fri Sep 10, 2021 8:42 pm
Class all the way around from the organization to the player and all of the team mates backing both up.
Master_Of_Puppets
Posts : 2784 Join date : 2011-04-08
Subject: Re: Watt Signed Sat Sep 11, 2021 10:17 pm
Last edited by Master_Of_Puppets on Sun Sep 12, 2021 4:46 am; edited 1 time in total
Master_Of_Puppets
Posts : 2784 Join date : 2011-04-08
Subject: Re: Watt Signed Sun Sep 12, 2021 4:42 am
found this in a post on BTSC
Quote :
PFT has obtained the full details regarding the Watt deal. Here they are, per a source with knowledge of them. So $7M per year in prorated signing bonus which includes $9M of the 2021 P5 converted.
Signing Bonus: $35.0 million. (I said $50M but the amount does not matter, the FULLY guaranteed amount matters.)
2021 Base Salary: $1.0 million, fully guaranteed.( Was $10M) It is a bit more but not enough to get hung up on. $7M singing bonus prorated. $8M cap hit. 2022 Base Salary: $24.0 million, fully guaranteed. $7M prorated. Blown away, the base jumped to this so soon. This is a front loaded deal that ya rarely see. $5M prorated bonus. $31M cap hit
2023 Base Salary: $20.0 million, fully guaranteed. 7M prorated signing bonus $27M cap hit
2024 Base Salary: $21.05 million. $7M prorated singing bonus $28.05 cap hit
2025 Base Salary: $21.05 million. $7M prorated signing bonus $28.05 cap hit.
2021 $8M cap hit. Fully guaranteed. 2022 $31 cap hit. Totally shocking. Fully guaranteed. 2023 $27M cap hit. Fully guaranteed. (I figured injury only) 2024 $28.05 cap hit. 2025 $28.05 cap hit.
Steelers first string was getting pretty good pressure on QBs this preseason with Watt not in any of those games.
