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Breaking down the details of the David Montgomery contract extension

DSF

Legion of Fans
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Feb 11, 2024
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The Detroit Lions and running back David Montgomery agreed to a contract extension late last week. The financial details of the extension are now available, and it alters a little of the prevailing narrative about the money and obligations involved.

Per Over The Cap, the extension is indeed as advertised on the surface: two years, $18.25 million. Of that, $10.49 million is guaranteed, including a $3.25 million signing bonus. The extension runs through the 2027 season, though the Lions did add on a void year in 2028 to help amortize the cap hit over an extra year.

One detail that wasn’t initially reported is that there are now per-game roster bonuses for Montgomery through the end of the contract. Montgomery will get $30,000 for each game he is active, adding up to $510,000 in roster bonuses for a 17-game season.

The cap hit for 2026 is $8.37 million with a salary of $5.49 million. Those numbers jump to $10.245 million and $$7.49 million in 2027, a year that also includes a $1 million roster bonus.

As Over The Cap notes,

The extension lowered his cap number in 2024 by about $1.7 million. His 2025 cap number will increase by about $1.25 million as a result of the extension.

The way the cap setup is structured here, don’t expect Montgomery to play on this contract as it exists right now in 2027. There is considerable room, and time, for a restructure down the road.

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