We discussed the frugal approach to contract negotiations that Mark Dominik and his team have adopted lately yesterday, and we now know the reported details of the contract for safety Dashon Goldson. According to ESPN.com, the contract breaks down like this:
- Year One: 4.5 million guaranteed salary, 4.5 million roster bonus = 9 million total
- Year Two: 6 million (probably guaranteed) salary, 3 million roster bonus, 500k workout bonus = 9.5 million total
- Year Three: 7.5 million salary, 500k workout bonus = 8 million total
- Year Four: 7.5 million salary, 500k workout bonus = 8 million total
- Year Five: 6.75 million salary
The front-loaded nature of the deal, along with the lack of a signing bonus creating the possibility of dead money, means this deal is appealing to the player, and friendly for the team’s salary cap situation. The fact that the salary declines heading into Goldson’s 30’s means the Bucs will likely get a solid performance to pay ratio through the life of the deal.
When compared to similar deals, the way the Buccaneers negotiated Goldson’s is certainly appealing. The deal is very similar to the one struck between Eric Weddle and the Chargers, and has a better cap hit in 2013 than multiple other safeties, despite Goldson being the “highest paid” safety in the league.
Mark Dominik and his team have worked out an excellent contract for Goldson, and still have plenty of money left to bring in more players to bolster the team this offseason. It’s times like these when you realize that the front office knows what it’s doing, and that we should have a bit of faith. And while it would certainly be nice to have an idea of what the 2013 defense will look like, there’s still time and options. Let’s just hope the rest of the Buccaneers’ dealing this offseason are as solid as the contract given to Dashon Goldson.