New York Jets Salary Cap Page

Greg McElroy Picture

Greg McElroy

Position: Quarterback

The New York Jets signed seventh round draft selection QB Greg McElroy to a 4 year contract on July 29, 2011. McElroy received a signing bonus of $65,152. Base salaries are $375,000(2011), $465,000(2012), $555,000(2013), and $645,000(2014). McElroy will be eligible to earn the Proven Performance Escaltor in 2014, based on playing time during the prior three years. If earned, McElroy's 2014 salary will increase to $1,200,000.

Year Salary Cap Number Dead Money if Cut Cap Savings if Cut
2011$391,288$65,152$326,136
2012$481,288$48,864$432,424
2013$571,288$32,576$538,712
2014$661,288$16,288$645,000