Taysom Hill is getting a four-year, $140 million contract extension, according to ESPN’s Adam Schefter. But the catch is every year of the 30-year-old gadget player’s deal is voidable.
In most cases of NFL contracts, that phrase translates into numbers as being “entirely meaningless.” In terms of what the extension implies, this isn’t one of those cases.
The contract saves the Saints $7.5 million in salary-cap space for the 2021 NFL season, per ESPN. The move appears to be purely done for that purpose.
Hill’s 2021 earnings breakdown, according to ESPN, is a $9.686 million signing bonus, a $1.439 million guaranteed roster bonus and a $1.034 million guaranteed base salary. That’s a total of about $12.16 million.
Last year, the Saints signed Hill to a two-year, $21 million contract.
Hill had attempted just 13 NFL passes before this year, but he filled in for an injured Brees for four games and finished 2020 88-for-121 with 928 yards, four touchdowns and two interceptions. He also rushed for 457 yards and eight touchdowns, while adding a receiving score.