After meeting with the Cleveland Browns, Baltimore Ravens and the Panthers, newly released defensive tackle Gerald McCoy has signed with the Carolina Panthers per ESPN’s Adam Schefter.
Panthers are giving former Buccaneers’ DT Gerald McCoy a one-year deal, per sources. It is likely to be worth about $8.5 million, per sources. https://t.co/LIE2DOC8wi— Adam Schefter (@AdamSchefter) June 3, 2019
Full Contract Details
As reported above, the Panthers signed McCoy to a one-year, 8.5 million dollar contract. With Incentives that could take the contract up to more than 10 million dollars.
The full breakdown of Gerald McCoy’s deal with the #Panthers: 1 year, $4M to sign, $3M base, $500K camp roster bonus, $500K in 45-man per game bonus. Plus, 6.5 sacks for $500k, 8 sacks gets him $1.5M. 250K for Pro Bowl, $250K for playoffs. Just $4M guaranteed. Total: Up $10.25M.— Ian Rapoport (@RapSheet) June 3, 2019
McCoy did reportedly turned down larger offers from both Cleveland and Baltimore, with a few objectives in mind. His main objective? To stay in the south. The NFC South specifically
One thing that became clear in this process: Gerald McCoy wanted to stay in the South, where it’s familiar, rather than Baltimore or Cleveland. Loved both teams, wasn’t sure about both cities. That and the chance to play against his former team twice…— Ian Rapoport (@RapSheet) June 3, 2019
And with his former team in Tampa signing a defensive tackle from his draft class and giving him his old number, look out Bucs, its personal.