Julio Jones' Contract

Julio Jones is a wide receiver who is currently a free agent. He last played for the Tennessee Titans in the National Football League (NFL). Jones was drafted by the Atlanta Falcons in the 2011 NFL Draft. He initially signed a rookie contract of four years worth $16.2 million. In 2015 Jones signed a contract extension with the Falcons. The five-year contract was worth $71.5 million and guaranteed Jones $47 million. He signed another contract extension in 2019, worth $66 million for a three-year deal with the Falcons. He was traded to the Tennessee Titans by the Atlanta Falcons in 2021. The Titans had restructured Jones’ deal with the Falcons and converted $14 million of his salary into a signing bonus. The Titans voided his contract after the end of the 2021 NFL season.

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Julio Jones Contract Breakdown

Here is a breakdown of Julio Jones’s last contract deal with the Tennessee Titans. The Titans did not change the tenure of the contract deal he had with the Falcons, they only restructured the pay to meet salary caps.

ContractSigning BonusAverage SalaryGTD at SignTotal GTD
3 yr(s) / $66,000,000$25,000,000$22,000,000$64,000,000$64,000,000

YearBase SalarySigning BonusOptionRestructureCap Hit Dead CapYearly Cash
2019$1,500,000$7,400,000-$1,466,667$10,366,667$69,333,335$26,516,985 ($26,516,985)
2020$11,200,000$5,000,000$2,750,000$1,466,668$20,416,668$58,966,668$22,213,963 ($48,730,948)
2021$1,300,000--$2,800,000$4,100,000$17,300,000$15,300,000 ($64,030,948)
Potential Out: 2022, ; 3 yr, $0$13,200,000 dead cap (Contract Terminated by the Titans)

How much is Julio Jones getting paid?

Currently, Julio Jones is out of a contract. His last contract was with the Tennessee Titans. The contract with the Titans paid him $15.3 million in the one season that he played with them.

How much of Julio Jones’s Contract is guaranteed?

Julio Jones was guaranteed $64 million when he had signed a contract with the Atlanta Falcons in 2019. Even after the contract was restructured by the Tennessee Titans when Jones was traded to them in 2021, he did end up earning $64 million by the end of the contract term.

What are the terms of Julio Jones’s Contract?

  1. $64M guaranteed at signing (2019 salary + 2020 salary + 2020 option bonus + 2021 salary)
  2. $2M of 2022 salary guaranteed for injury at signing, fully guarantees 3/19/2021
  3. 2020 Option Bonus: $11M (guaranteed, paid 3/20/2020)
  4. If the option is declined, 2020 salary increases to $22.2M)

The above terms were originally part of the 3-year contract extension that Jones has signed with the Falcons in 2019. The terms of the contract remained the same except for the fact that his salary was restructured by them. The Titans paid Jones $14 million in bonuses after converting a major part of his salary into it. They added two void years to the existing contract when restructuring it. This helped the Titans spread out the signing bonus against the salary cap, over five years instead of three.

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