According to the contract, if Spencer starts the year on the physically unable to perform list or is placed on injured reserve, then he would be paid a split salary of $423,000.
A split salary for a veteran of Spencer’s ilk is not common and shows even more how team-friendly the one-year deal is.
Spencer did not receive a signing bonus and has a base salary of $1.25 million. For every week he is on the 46-man gameday roster, he will receive $46,875 as part of a roster bonus, maxing out at $750,000.
Spencer has $1.5 million available through incentives. He can earn $250,000 for seven sacks, $500,000 for nine sacks and $750,000 for 11 sacks. If he plays 65 percent of the snaps, he earns $250,000, topping out at $750,000 if he plays in 85 percent.
Spencer is coming back from microfracture surgery, and he hopes to be ready for training camp. He played in only one game last season because of the knee injury. He had a career-high 11 sacks in 2012 when he made the Pro Bowl. From 2009-12, he missed only two games.