Details of the LaRon Landry contract have emerged explaining how the Jets structured his deal to prevent the risk of paying a player who won’t be healthy enough to hit the field. According to Jenny Vrentas of the Star-Ledger, $1.75 million of the deal is tied into him actually being an active member of the roster come Sunday.
The Jets signed Landry to a one-year deal with a maximum value of $3.5 million earlier this week. But half of that amount — $1.75 million — is tied up in a weekly roster bonus contingent on him being on the active 46-man roster, per a person with knowledge of the deal’s specifics. That person requested anonymity because the team has not announced the terms of the deal.
Landry will earn a $700,000 base salary in 2012 that is fully guaranteed, and also received a $950,000 signing bonus and $100,000 workout bonus. That money totals to $1.75 million.
The rest of the money is in a $1.75 million roster bonus, paid out in sums of $109,375 for each game Landry suits up for.
It’s genius. Part of my concern with the Jets deal for Landry was giving him a bunch of money and him never actually seeing the field due to his injuries. In this sort of an arrangement, the Jets have smartly figured out a way to protect themselves in the event that Landry can’t play.