Report: Mathieu gets full slotted signing bonus, but not all of it right away
As we reported earlier, the Cardinals signed third-round pick Tyrann Mathieu to a four-year deal on Thursday.
While discussing Mathieu’s agreement, we mentioned dueling post-draft reports that the Cardinals wanted to sign Mathieu to a contract that included no guaranteed money and that Mathieu was unwilling to sign such a contract. The Cardinals didn’t announce the terms of the deal, but Albert Breer of the NFL Network reports that Mathieu wound up coming out ahead on that front.
Per Breer, Mathieu got the full slotted signing bonus for the 69th overall pick. That’s $662,500, but Mathieu won’t see it all up front. He will be paid $265,000 right now with the remainder of the bonus coming in the next three years with annual payments of $132,500 that must be paid unless Mathieu is cut because of drugs. The total value of the deal is $3.052 million.
Breer’s colleague Ian Rapoport also reports that Mathieu agreed to regular drug testing with the Cardinals, although the details of that agreement are not part of the contract. Mathieu’s agent Pat Lawlor told Rapoport that “both sides understood the issues we were dealing with all along” while working on the contract and the resulting deal is one that satisfies both the Cardinals’ desire for protection against a relapse from Mathieu and Mathieu’s desire to be paid what the 69th overall pick of the draft is supposed to be paid.