After a long wait, Deandre Hopkins has decided to sign with the Tennessee Titans. Hopkins only visited with Tennessee and New England and ultimately decided to take his talents to Nashville. Here is everything you need to know about the contract, let's break it down.
Hopkins signed a 2yr/$26M deal with Tennessee that included a $9.815M signing bonus, $10.98M guaranteed, and an average annual salary of $13M. With incentives, this contract can total $32M. The $10.98M that is guaranteed includes the $9.815M signing bonus and his 2023 P5 salary.
There is an annual per-game active bonus of $60,000 totaling $1.02M in 2023. Because Hopkins played in only 9 games last season, 9 of the per-game active bonuses are LTBE meaning they will count against the cap this year. The remaining 8 are considered NLTBE meaning they won't count against the cap in 2023. Hopkins will also earn a $4.46M roster bonus if he is on the Titans roster for the 2nd league day of 2024.
There are also annual reception, receiving yards, and touchdown incentives built into the contract. All of the incentives below are non-cumulative.
Annual Reception Incentive:
65: $250,000
75: $500,000
85: $750,000
95: $1M
Annual Receiving Yards Incentive:
750: $250,000
850: $500,000
950: $750,000
1,050: $1M
Annual Touchdown Incentive:
4: $250,000
6: $500,000
8: $750,000
10: $1M
With only a $3.668M cap hit in 2023, the Titans currently have $12.92M in cap space. However, Hopkins's cap hit will take a big jump to $15.963M in 2024.
Below is a table of the overall contract breakdown. It's worth noting that the 2025-2027 years automatically void after the 2024 season. This was done for salary cap purposes.
