Name: Terrell Suggs
Age: 31
Position: OLB
Awards: 6x Pro Bowl (2004, 2006, 2008, 2010, 2011 and 2013), 2x All-Pro (2008 and 2011), NFL Defensive Player of the Year (2011) and NFL Defensive Rookie of the Year (2003)
Contact Length: Five years (Four years added to the one year that was already left on his contract)
Courtesy of ICON SMI
Total Contract Money: $28.5 million
Signing Bonus: $11 million
Guaranteed Money: $16 million (Signing bonus and base salaries in 2014 and 2015)
2014 Base Salary: $1 million
2014 Cap Hit: $7.8 million (No cap savings if cut, $12.8 cap charge taken)
2015 Base Salary: $4 million
2015 Cap Hit: $6.6 million (No cap savings if cut, $6.2 cap charge taken)
2016 Base Salary: $4.6 million
2016 Cap Hit: $6.8 million ($200,000 saved if cut)
2017 Base Salary: $4 million
2017 Cap Hit: $6.2 million ($1.8 million saved if cut)
2018 Base Salary: $4 million
2018 Cap Hit: $6.2 million ($4 million saved if cut)
Other important information: By signing Suggs to this contract extension, the Ravens save $4.6 million in cap room this season. This should allow them to potentially re-sign LT Eugene Monroe and TE Dennis Pitta. To see my full look at this transaction, click here.