Russell Okung seemed confident enough in his negotiating ability to enter free agency without an agent, and while he did manage to land a contract, he may be setting himself up for a big fall.
The newest Denver Broncos' tackle signed a contract that is extremely incentive laden, with no guaranteed money. While he stands to make a lot of money, he would need to remain healthy in order to collect his full payday.
According to Mike Florio of Pro Football Talk, Okung signed a one-year, $5-million contract with an option to extend to a five-year deal. The $5 million is split into a $1-million workout bonus, a $2-million base salary, and a $2-million 53-man roster bonus with none of it guaranteed.
A source told Pro Football Talk that Okung must participate in at least 90 percent of his offseason workouts in order to see a dollar of his workout bonus.
After one season, the Broncos will have until the beginning of the official 2017 NFL year to decide whether they want to keep Okung. After the third potential season of the deal, Okung could earn $1.5 million in roster bonuses and a base salary of $8.5 million in 2019 and $9 million in 2020.
The 28-year-old has never stayed healthy for an entire NFL season and even if he does manage to play every game, he would have to contribute greatly to convince the Broncos to pick up his remaining years.
Okung can be cut at any time between now and the end of next season without the Broncos owing him any money.
His decision to enter free agency without an agent may have backfired on him.
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