In the days after the Tennessee Titans signed him, contract details for wide receiver Calvin Ridley were revealed.
Ridley signed a four-year, $92 million deal with Tennessee that includes $46.9 million in fully guaranteed money. The annual average ($23 million) ranks 10th at the position, and the fully guaranteed money ranks third, per Over the Cap.
But, bear in mind, there are countless wide receivers slated to get extensions very soon, so he will fall in those rankings in due time.
Here’s the full breakdown of the deal, per Over the Cap:
One good thing about this deal is the fact that Ridley only accounts for a $10 million cap hit in Year 1, giving the Titans more cap space to work with immediately.
Of course, Ridley’s cap hits rise significantly in the years that follow, but the Titans could get out of the deal in 2026 if need be with a dead-cap charge of $10 million and a cap savings of $16.75 million.
If the Titans were to cut him with a post-June 1 designation in the same year, that would lower the dead-cap hit to just $5 million and increase the savings to $21.7 million.
The exit is even friendlier in the final year of the deal in 2027, as cutting Ridley would only cost $5 million in dead cap and save Tennessee $22.2 million.
There were no shortage of haters of this deal when it was first reported, but after looking at the full breakdown, it’s clear that reaction was overblown.
