The deal was initially reported to be for $3 million, with incentives that could push the total compensation to $5 million.
Can confirm Drue Tranquill has agreed to join the Chiefs a 1-year deal worth $3 million that can maximize to $5 million through incentives, per source (@Schultz_Report 1st).— Nate Taylor (@ByNateTaylor) March 17, 2023
We now have the complete details on Tranquill’s Kansas City contract.
His 2023 base salary will be $1.10 million, which is just above the NFL minimum for a player with the four credited seasons Edwards accumulated with the Los Angeles Chargers.
The Chiefs have paid Tranquill a $1.44 million sighing bonus. He will also earn a $40,000 workout bonus if he participates in the voluntary parts of the team’s offseason program, which will begin April 17.
The contract also specifies that Tranquill will earn a per-game roster bonus of $30,000. If he appears in all 17 of Kansas City’s games this season — just as he did for Los Angeles in 2022 — that will total $510,000.
All of that adds up to a salary-cap impact of exactly $3 million this season.
We don’t know the precise nature of the $2 million in incentives that Tranquill could earn in Kansas City — except that they are considered not-likely-to-be-earned (NLTBE). So if they are earned this season, they will count against the 2024 salary cap.