The Baltimore Ravens signed wide receiver Nelson Agholor to a one-year deal on Friday, adding a deep threat to their wide receiver room. The move wasn’t very well received by fans, as the reported contract details came out as a one-year, $3.25 million deal worth up to $6.25 million in incentives.
On Saturday, more key details on Agholor’s contract with Baltimore were reported. Aaron Wilson of KPRC2 specified that the incentives of the contract are based off of playtime, playoff, catches, yards and touchdowns, while there was a $2.085 million signing bonus. Brian McFarland of Russell Street Report then relayed that Agholor will have around a $1.6M cap hit for 2023.
#Ravens Nelson Agholor one year, $3.25 million base value, plus $3 million playtime-playoffs-catches-yards, touchdowns incentive; 2024-2027 void if on roster 23rd day before 2024 league year; $3.25 million guaranteed, $2.085 million signing bonus, salary $1.165M (gtd)
— Aaron Wilson (@AaronWilson_NFL) March 26, 2023
This will leave Agholor with a $1.582M Cap # in 2023. More void yrs tho, so there will be $1.668M in dead money on the Cap in 2024 (unless extended next offseason b4 void). https://t.co/ERX8I5UMDV
— Brian McFarland (@RavensSalaryCap) March 26, 2023