Letroy Guion’s Deal Has Virtually No Risk for Packers

The Green Bay Packers didn’t take on much risk in re-signing defensive lineman Letroy Guion.

Guion’s deal includes a large number of bonuses and virtually no guaranteed money. The bonuses are easily attainable for Guion, so long as he can remain active, but the deal is very Packers-friendly.

In fact, the Packers could part ways with Guion at pretty much any time and suffer minimal financial consequences.

The deal included just a $500,000 signing bonus. That’s better than the $0 signing bonus Guion got when he signed a one-year deal last offseason, but is a pittance by NFL standards.

If the Packers decided to release Guion after the 2016 season, they’d only have a salary cap charge of $333,333 from that signing bonus remaining.

That’s what the Packers get. Here’s what Guion gets.

He’ll earn base salaries of $2 million, $1.7 million and $2.75 million over the next three seasons. He also has notable roster bonuses due in the first two years of the deal.

In year one, Guion is due $250,000 if he’s on the roster on May 3 and another $250,000 if he’s on the roster on August 3. You can call those stay-out-of-jail bonuses. In year two, Guion is due $400,000 on the third day of the league year and $400,000 on May 2.

Similarly, Guion has per game roster bonuses of $50,000 for each game he’s active throughout the three-year duration of the deal. In other words, he plays, he gets paid.

There are also $200,000 workout bonuses in the first two years of the deal and escalators of $250,000 in the final two years if Guion makes the Pro Bowl.

All in all, a great deal for the Packers.