Giants: Jeff Smith contract details
The terms of Smith’s one year deal have been released.
Jeff Smith was the first receiver off the free agency board for the Giants, with another coming earlier this morning.
Per Over The Cap, we now have details surrounding the one-year deal for the veteran wideout.
A team-friendly agreement, here's how the contract breaks down:
Base Salary:
2023: $1.175 Million
Smith's contract contains no guaranteed money but he does have a $25k workout bonus.
With an incentive-based cap hit of $1.2 million dollar maximum, Smith will only account for 0.5% of the team's 2023 total cap allotment.
Smith's $1.2 million APY ranks him 116th amongst wide receivers in average yearly salary.
