With this signing, the New England Patriots have assured the long-term safety of one of their starting defensive backs. Adrian Phillips extended his contract by three years, keeping him in New England through the 2024 season.
All of Phillips’ 2022 salary of $1.12 million is guaranteed. In 2023 and 2024, he will earn $1.65 million in compensation. The injury guarantee ensures that he will receive the full 2023 pay even if he suffers an injury before then.
The Patriots guaranteed Phillips $4.75 million in signing bonus money that will be paid out in installments throughout the course of the contract, through 2021. According to Miguel Benzan, the team’s cap will drop from its current $1.19 million to $987,002 once the bonus is factored in.
Assuming Phillips plays in all 16 games in 2022, he will earn a roster bonus of $50,000 each game for a total of $850,000.
Since he has played in all 16 games so far and is expected to participate on Sunday against the Miami Dolphins as well, the entire amount will be counted as likely to be earned and thus counted against New England’s salary cap in 2019.
In both 2023 and 2024, Phillips is eligible for roster bonuses of up to $1.28 million ($75,000 per game).
How Much Does Adrian Phillips Make?
Adrian Phillips earns an average of $4,250,000 per year. Phillips’ base salary in 2022 will be $1,120,000. He will also get a roster bonus of $850,000 and a workout bonus of $30,000. His cap hit will be $3,187,500.