March 24, 2015 - Aaron Wilson
Breaking down Charles Clay's $38 million deal
Buffalo Bills tight end Charles Clay's five-year $38 million contract includes a $10 million signing bonus and $24.5 million guaranteed, according to a league source.
Clay has salary-cap figures of $5 million, $13.5 million, $6.5 million, $6.5 million and $6.5 million.
Clay has a guaranteed $3 million base salary in 2015, a $1.5 million base salary in 2016 guaranteed if he's on the roster the third day of the 2016 league year, a $10 million roster bonus fully guaranteed, and $4.5 million base salaries in 2017, 2018 and 2019.
Clay has a no-trade clause in each of the first three years of the contract.
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Aaron Wilson covers the Ravens for The Baltimore Sun