Inside the Penei Sewell deal

On Wednesday, the Liσns were giving out cash to young people who had made it. Penei Sewell, one of the top ten picks for 2021, signed one of those novel offers.

Per a supply with expertise of the term, here are the facts.

1. Signing reward:$ 15 million.

2. 2024 starting salary:$ 1. 446 million, totally guaranteed.

3. 2025 alternative reward:$ 25 million, fully guaranteed at signing.

4. 2025 basic salary:$ 1. 54 million, fully guaranteed at signing.

5. 2026 basic income:$ 19. 9 million, fully guaranteed in 2025.

6. 2026 offseason workouts reward:$ 100, 000.

7. 2027 basic salary:$ 23. 9 million,$ 12. 113 million of which is totally guaranteed by 2026 and$ 10 million of which is totally guaranteed by 2027.

8. 2027 offseason workouts benefit:$ 100, 000.

9. 2028 basic wage:$ 25. 9 million.

10. 2028 offseason workouts reward:$ 100, 000.

11. 2029 winter 90- male roster bonus:$ 2. 5 million.

12. 2029 basic salary:$ 19. 4 million.

13. 2029 offseason workouts reward:$ 100, 000.

It’s a three- time expansion of the five- yeaɾ rookie contract, which included his 2024 base salary of$ 3. 94 million and his completely- guaranteed five- year option salary of$ 19. 04 million.

The deal pays out$ 16. 446 million in 2024,$ 26. 54 million in 2025,$ 20 million in 2026,$ 24 million in 2027,$ 26 million in 2028, and# 22 million in 2029.

The new- funds average is$ 28 million per year. The regular from filing is$ 22. 497 million annually. He earns tⱨe highest starting salary in the NFL offensive lineman on a new-money base.