Derek Watt
Pittsburgh Steelers, Fullback
Age: 32y-1m-18d (Nov 07, 1992)
Exp: 7 Years
Country: US
College: Wisconsin
Drafted: Round 6 (#198 overall), 2016
RETIRED
2020-2022
Derek Watt signed a 3 year , $9,750,000 contract with the Pittsburgh Steelers, including $3,250,000 signing bonus, $3,250,000 guaranteed, and an average annual salary of $3,250,000.
Contract Terms:
3 yr(s) / $9,750,000
Average Salary:
$3,250,000
Signing Bonus:
$3,250,000
GTD at Sign:
$3,250,000
Total GTD:
$3,250,000
Free Agent:
2023 / UFA
Year | Age | Cap HitAnnual | Cap % League Cap | Cash Annual | Cash Cumulative | Dead Cap Annual | |
---|---|---|---|---|---|---|---|
2020 | 28 | $2,083,333 | 1.05% | $4,250,000 | $4,250,000 | $4,250,000 | |
2021 | 29 | $2,953,333 | 1.62% | $2,750,000 | $7,000,000 | $4,916,668 | |
2022 | 30 | $4,713,334 | 2.26% | $2,750,000 | $9,750,000 | $1,963,334 | |
2023 | 31 |
UFA |
Year | Age | Base P5 Salary | Signing Proration | Restructure Proration | Cap Hit | Cap % League Cap | Dead Cap | ||
---|---|---|---|---|---|---|---|---|---|
2020 | 28 | $1,000,000 | $1,083,333 | - | $2,083,333 | 1.05% | $4,250,000 | ||
2021 | 29 | $990,000 | $1,083,333 | $880,000 | $2,953,333 | 1.62% | $4,916,668 | ||
2022 | 30 | $2,750,000 | $1,083,334 | $880,000 | $4,713,334 | 2.26% | $1,963,334 | ||
2023 | 31 |
UFA |
Year | Age | Base P5 Salary | Signing Bonus | Restructure Bonus | Cash Total | Cash Cumulative | Cash Remaining | |
---|---|---|---|---|---|---|---|---|
2020 | 28 | $1,000,000 | $3,250,000 | - | $4,250,000 | $4,250,000 | $9,750,000 | |
2021 | 29 | $990,000 | - | $1,760,000 | $2,750,000 | $7,000,000 | $5,500,000 | |
2022 | 30 | $2,750,000 | - | - | $2,750,000 | $9,750,000 | $2,750,000 |
Contract Notes
- 2021 Roster Bonus: $1M (due 3/19/2021, restructured)
Source:
NFL contract specifics generally collected from verified reports.
2016-2019 Rookie
Derek Watt signed a 4 year , $2,469,682 contract with the San Diego Chargers, including $129,682 signing bonus, $129,682 guaranteed, and an average annual salary of $617,421.
Contract Terms:
4 yr(s) / $2,469,682
Average Salary:
$617,421
Signing Bonus:
$129,682
GTD at Sign:
$129,682
Total GTD:
$129,682
Free Agent:
2020 / UFA
Seasons
7 Years
Career Earnings thru 2024
$12,219,682
Earnings w/ Different Teams
2 teams
Earnings Per Year
Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
---|---|---|---|---|---|---|
2016 | 24 |
Active
|
$579,682 |
$579,682 |
||
2017 | 25 |
Active
|
$540,000 |
$1,119,682 |
||
2018 | 26 |
Active
|
$630,000 |
$1,749,682 |
||
2019 | 27 |
Active
|
$720,000 |
$2,469,682 |
||
2020 | 28 |
Active
|
$4,250,000 |
$6,719,682 |
||
2021 | 29 |
Active
|
$2,750,000 |
$9,469,682 |
||
2022 | 30 |
Active
|
$2,750,000 |
$12,219,682 |
||
Total |
$12,219,682 |
Earnings Per Team
Years | Team | Base | Signing | Roster | Restructure | Option | Incentives | Cash Cumulative |
---|---|---|---|---|---|---|---|---|
4 | $2,340,000 | $129,682 | - | - | - | - | $2,469,682 | |
3 | $4,740,000 | $3,250,000 | - | $1,760,000 | - | - | $9,750,000 |
Year | Team(s) | Age | Base | Signing | Roster | Restructure | Option | Workout | Incentives | Cash Total | Cash Cumulative |
---|---|---|---|---|---|---|---|---|---|---|---|
2016 | 24 |
$450,000
|
$129,682 |
$579,682 |
$579,682 |
||||||
2017 | 25 |
$540,000
|
$540,000 |
$1,119,682 |
|||||||
2018 | 26 |
$630,000
|
$630,000 |
$1,749,682 |
|||||||
2019 | 27 |
$720,000
|
$720,000 |
$2,469,682 |
|||||||
2020 | 28 |
$1,000,000
|
$3,250,000 |
$4,250,000 |
$6,719,682 |
||||||
2021 | 29 |
$990,000
|
$1,760,000 |
$2,750,000 |
$9,469,682 |
||||||
2022 | 30 |
$2,750,000
|
$2,750,000 |
$12,219,682 |
|||||||
Total |
$7,080,000 |
$3,379,682 |
$1,760,000 |
$12,219,682 |
Earnings Per Team
Years | Team | Base | Signing | Roster | Restructure | Option | Incentives | Cash Cumulative |
---|---|---|---|---|---|---|---|---|
4 | $2,340,000 | $129,682 | - | - | - | - | $2,469,682 | |
3 | $4,740,000 | $3,250,000 | - | $1,760,000 | - | - | $9,750,000 |
- Mar 12, 2024 Retired from Professional Football
- Mar 10, 2021 Converted $1.76M of 2021 salary/bonus into signing bonus, clearing $880,000 of cap space with Pittsburgh (PIT)
- Mar 17, 2020 Signed a 3 year $9.75 million contract with Pittsburgh (PIT)
- May 09, 2016 Signed a 4 year $2.46 million contract with San Diego (SD)
- Apr 30, 2016 Drafted by San Diego (SD): Round 6 (#198 overall)
Year | Team | GP |
---|---|---|
2022 | PIT | 17 |
2021 | PIT | 17 |
2020 | PIT | 12 |
2019 | LAC | 16 |
2018 | LAC | 16 |
2017 | LAC | 16 |