Breaking down Brad Smith's paycut

Buffalo Bills wide receiver Brad Smith recently signed a renegotiated contract prior to the start of training.

It reduces his base salaries for each of the next two seasons.

Smith is now due a $1.5 million base salary in 2013, down from $2.725 million and has reduced his salary-cap figure from $3.8 million to $2.575 million. He was paid a $500,000 roster bonus on the third day of the league year. The deal still includes $75,000 in incentives for this year.

In 2014, he has a $2.325 million salary-cap figure, down from $4 million, after reducing his base salary to $1.4 million from $3 million. He still has $75,000 in incentives that year along with a $250,000 roster bonus and a $100,000 workout bonus.

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Aaron Wilson covers the Ravens for The Baltimore Sun.

Aaron Wilson
Aaron Wilson covers the NFL for National Football Post, his second stint at the Post. He has previously written for Pro Football Talk and FOX Sports-Scout. Entering his 13th year covering the Baltimore Ravens, he's a beat writer for The Baltimore Sun. Wilson has also covered the Jacksonville Jaguars and Tennessee Titans.

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