Seahawks' Pro Bowler is a very happy man after receiving latest NFL news
It’s well-deserved, too.
2022 saw Seattle Seahawks Pro Bowl cornerback Tariq Woolen had one of the better seasons for a cornerback in recent memory. The fifth-rounder made the Pro Bowl and was in the running for the Defensive Rookie of the year award
So, it's fitting he is rewarded for it as much possible.
That's exactly what happened Friday. Per NFL Communications, Woolen was one of the top-25 players to receive a raise via the NFL's Performance-Based Pay program. He came in at No. 8 on the top-25 list and was one of three rookies to make the top-10.
Woolen will make an extra $742,378 on top of his current base salary of $870,000. That brings his 2023 salary to a total of $1,612,378.
Woolen wasn't the only member of the Seahawks to make the list. One of his secondary running mates in Michael Jackson came in at No. 10 and will make an extra $734,602 on top of his $940,00 base salary.
Below is how the NFL formulates the PBP raises:
Players become eligible to receive a bonus distribution in any regular season in which they play at least one official down. In general, players with higher playtime percentages and lower salaries benefit most from the pool.
Performance-Based Pay is computed by using a player index (“Index”). To produce the Index, a player’s “PBP Playtime” (defined as the player’s regular season total plays played on offense, defense and special teams, divided by the number of plays of the player with the most total combined plays on that team) is divided by his “PBP Compensation” (defined as regular season full salary, prorated portion of signing bonus, earned incentives). Each player’s Index is then compared to those of the other players on his team to determine the amount of his Performance-Based Pay.
If a player’s base salary is less than the Minimum Salary of a player with seven or more Credited Seasons, then player’s base salary will be imputed to be equal to the Minimum Salary of a player with seven or more Credited Seasons (i.e., $1.120M for the 2022 season). By imputing a minimum salary of $1.120 million, a slightly higher percentage of the pool is directed to high-performing veteran players whose salaries exceed $1.120 million, but are not among the highest in the league, as contemplated by the formula. This imputation of salary is solely for the purpose of calculating distributions from the pool and does not affect the actual salary paid to the player under his contract.
