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As it was first reported, the Bills and cornerback Leodis McKelvin agreed to a 4-year deal worth $20 million. WGR Sports Radio 550 has obtained the numbers of the contract to find out it's actually a 4-year deal worth $17 million.
Upon signing, McKelvin received a $4 million bonus, and will make a total of $6.05 million in actual cash 2013, but will only carry a cap hit of $3.05 million. McKelvin's base salary of $2 million in 2013 is fully guaranteed.
In 2014, $1.5 million of McKelvin's $2.1 million base salary is guaranteed, and he'll carry a cap hit of $4.15 million for that season.
Starting in 2015, there is no more guaranteed money owed to McKelvin. Over the final two years of the contract, McKelvin has matching cap numbers of $4.9 million in 2015 and $4.9 million in 2016. If the Bills were to cut him after the 2014 season, it would rack up either a $2 million cap hit against 2015's figures, or $1 million in 2015 and $1 million in 2016.
With McKelvin's contract and Fitzpatrick being released, the Bills have between approximately $25 and $26 million in cap room for 2013. The cap room that will have to be assigned to the Bills' 2013 NFL Draft class has not been taken out of those figures.
In 2014, $1.5 million of McKelvin's $2.1 million base salary is guaranteed, and he'll carry a cap hit of $4.15 million for that season.
Starting in 2015, there is no more guaranteed money owed to McKelvin. Over the final two years of the contract, McKelvin has matching cap numbers of $4.9 million in 2015 and $4.9 million in 2016. If the Bills were to cut him after the 2014 season, it would rack up either a $2 million cap hit against 2015's figures, or $1 million in 2015 and $1 million in 2016.
With McKelvin's contract and Fitzpatrick being released, the Bills have between approximately $25 and $26 million in cap room for 2013. The cap room that will have to be assigned to the Bills' 2013 NFL Draft class has not been taken out of those figures.
Keep it locked to WGR Sports Radio 550 for all the latest with free agency.