Breaking down Brodrick Bunkley, Champ Bailey deals

The New Orleans Saints have restructured the contract of veteran defensive tackle Brodrick Bunkley and only paid veteran cornerback Champ Bailey a $500,000 signing bonus, the lone guaranteed portion of his two-year contract that has a base value of $3.75 million and a maximum value of $6.75 million, according to a league source.

It amounted to a $2.85 million paycut for Bunkley.

Bunkley restructured his deal on Monday, receiving $300,000 guaranteed in a roster bonus due Thursday as his base salary for this year was lowered from $4.4 million to $1.3 million with his salary-cap figure down to $3.62 million for 2014. There's up to $350,000 in an escalator clause this year.

In 2015, he's still due a $4.4 million base salary with a $6.112 million salary-cap figure and a $100,000 workout bonus and up to $450,000 in an escalator clause.

In 2016, he has a $4.4 million base salary, a $100,000 workout bonus and up to $800,000 in an escalator clause.

Bailey has non guaranteed base salaries of $1 million and $1.5 million.

He got the $500,000 signing bonus this year, a $250,000 roster bonus if he's on the active roster for six games for a total payout of $1.75 million this year. He can also make up to $150,000 in incentives each year for interceptions, $150,000 more if he makes the Pro Bowl each year.

He's due a $250,000 roster bonus on the fifth day of the 2015 league year, $250,000 in 2015 if he's on the 53-man roster for the first game.

He has a one-time $1.2 million playtime incentive and a 2015 escalator clause worth up to $1.2 million.

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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.