Former Seattle Seahawks backup quarterback Drew Lock is beginning anew with the New York Giants. On the time, ESPN’s Adam Schefer reported that it was a one-year deal price as much as $5 million was the preliminary report from ESPN’s Adam Schefter. It seems that isn’t the case, and maybe his new deal is a part of why Seattle opted to not re-sign him.
The Athletic’s Giants beat reporter Dan Duggan uncovered some particulars in Lock’s contract. His base is definitely $5 million ($2.95 million assured + $2.5 million signing bonus + $50,000 exercise bonus), however his incentives might see him attain $8 million, which is greater than the whole lot of his rookie contract.
Doing a little bookkeeping and you do not see this typically: The phrases of Drew Lock’s contract with the Giants have been *below* reported. It is a 1-year contract with a $5M base, as has been reported. However he can earn a further $3M in incentives.
The $3M in incentives are primarily based on enjoying…
— Dan Duggan (@DDuggan21) April 9, 2024
The Giants have Daniel Jones because the presumptive starter however he spent a lot of 2023 injured and enjoying poorly. It’s not inconceivable to assume that Lock has a shot at important enjoying time and thus the chance to achieve his incentive targets. A minimal of 224 go makes an attempt is actually the equal of 6-8 begins, and Jones has had two seasons with a mixed 23 video games missed.
For context, new Seahawks backup QB Sam Howell is on a rookie contract with a non-guaranteed base wage of $985,000. In different phrases, the Seahawks considerably decreased the price of their backup, such that they may conceivably draft a rookie quarterback and have two choices which have mixed salaries cheaper than Lock’s 2024 base wage.
Until John Schneider actually believed in Lock as a doable QB1, it’s straightforward to see why Seattle didn’t retain him and why Lock would signal with the Giants… apart from the chance to embarrass the Philadelphia Eagles as much as two extra instances.