Inside the Numbers on the Matt Forte Contract

#Fortepaid

Matt Forte finally got the long term deal that he’s been seeking.  Early reports have now been confirmed and the terms of Forte’s 4 year deal have been released.  Hit the jump to get a look inside the $32 million payday, per the Chicago Tribune.While the contract has widely been described as a 4-year, $32 million deal, the base value of the deal is $28.1 million and only maxes out at $31.5 if he hits certain incentives.  Let’s look at the deal year by year:

2012 = $9.8 million

2013  = $6.3 million

2014 = $6.6 million

2015 = $7.8 million

That takes the total to $30.5 million over the first 4 years.  There is another $1 million in incentives out there which take the deal to the reported total of $31.5 million.

 

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