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Preston Smith's contract breakdown

His contract was far less than what fellow rookie Brandon Scherff received, some $17 million less in guaranteed money. That’s what Scherff warranted, having gone 33 picks ahead of Preston Smith. But Smith will do just fine, and if he plays the way the Redskins hope he’ll do even better in the future.

Smith will join the other rookies at Redskins Park this weekend for a three-day minicamp (starting Friday). He’ll be counted on to be a versatile pass rusher, having shown the ability to rush inside at Mississippi State – he was excellent over the nose in nickel situations. Very good hands.

Smith received a four-year contract worth $4,095,865 million guaranteed with a $2,463,167 signing bonus. Here’s the breakdown of his deal:

2015

Base salary: $435,000

Salary cap: $1,050,791

Note: Base salary is fully guaranteed.

2016

Base salary: $697,698

Salary cap: $1,313,490

Note: Base salary is fully guaranteed.

2017

Base salary: $960,395

Salary cap: $1,576,187

Note: $500,000 of the base salary is fully guaranteed

2018

Base salary: $1,223,094

Salary cap: $1,838,886

Note: If they wanted to cut him after three seasons, they would save $1,223,094 against the salary cap, regardless of when he’s released. Of course, that would mean $615,792 would be counted as dead money against the cap. Clearly, the Redskins would rather be focusing on his next contract at this point and not how much money they’d save if having to release him.