After a long wait, DeAndre Hopkins has decided to sign with the Tennessee Titans. Hopkins only visited with Tennessee and New England and ultimately decided to take his talents to Nashville. Here is everything you need to know about the contract, let's break it down.
Hopkins signed a two-year, $26 million deal with Tennessee that included a $9.815 million signing bonus, $10.98 million guaranteed and an AAV (average annual salary) of $13 million. With incentives, this contract can total $32 million. The $10.98 million that is guaranteed includes the $9.815 million signing bonus and his 2023 P5 (base) salary.
There are an annual per-game active bonus of $60,000, totaling $1.02 million in 2023. Because Hopkins played in only nine games last season, nine of the per-game active bonuses are LTBE (likely to be earned), meaning they will count against the cap this year. The remaining eight are considered NLTBE (not likely to be earned), meaning they won't count against the cap in 2023. Hopkins will also earn a $4.46 million roster bonus if he is on the Titans roster for the second league day of 2024.
There are also annual receptions, receiving yards, and touchdown incentives built into the contract. All of the incentives below are non-cumulative.
Annual Reception Incentive:
65: $250,000
75: $500,000
85: $750,000
95: $1 million
Annual Receiving Yards Incentive:
750: $250,000
850: $500,000
950: $750,000
1,050: $1 million
Annual Touchdown Incentive:
4: $250,000
6: $500,000
8: $750,000
10: $1 million
With only a $3.668 million cap hit in 2023, the Titans currently have $12.92 million in cap space. However, Hopkins' cap hit will take a big jump to $15.963 million in 2024.
Below is a table of the overall contract breakdown. It's worth noting that the 2025-2027 years automatically void after the 2024 season. This was done for salary cap purposes.
