ESPN’s Adam Schefter is reporting the Tampa Bay Buccaneers and wide receiver Chris Godwin have reached an agreement on a three-year deal worth $60 million dollars. The contract includes $40 million fully guaranteed at signing.
Buccaneers’ franchise player Chris Godwin reached agreement on a 3-year, $60 million deal that includes $40 million fully guaranteed at signing, sources tell ESPN.
— Adam Schefter (@AdamSchefter) March 17, 2022
This is a developing situation, we will update this article as new information becomes available. This is pretty much the same deal as Mike Williams got with the Chargers as they share the same agent.
Updated
As Greg Auman of The Athletic points out, the deal includes void years. This lowers Godwin’s 2022 cap hit to $5 million.
Bucs have void years added onto Chris Godwin's three-year, $60 million deal, so his initial cap number for 2022 is just $5 million.
— Greg Auman (@gregauman) March 17, 2022
The exact numbers on Godwin — $1.25 million base salary and $18.75 million bonus. Split the bonus five ways ($3.75m per year) and you get a 2022 cap number of $5 million. Cap number jumps to $23.75m in 2023 and 2024, with $7.5 million in dead money in 2025.
— Greg Auman (@gregauman) March 17, 2022
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