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Contract Details Revealed for New Pat Freiermuth Deal

Pittsburgh Steelers tight end Pat Freiermuth at training camp on July 28, 2024. — Ed Thompson / Steelers Now

The contract details have been revealed for the four-year extension the Pittsburgh Steelers and tight end Pat Freiermuth reached last week.

Freiermuth agreed to what is essentially a new five-year contract worth a total of $49.9 million, that is actually significantly front-loaded.

He will earn $1.1 million in base salary and a $10.5 million signing bonus in 2024, with the latter spread out over the five seasons of the deal for salary cap purposes. That will make Freiermuth’s cap hit this season $3.64 million, up from the $1.9 million he has been slated to cost before the extension.

Freiermuth has a salary of $10.785 million in 2025 that is guaranteed against injury. His cap hit next season will be the largest of the deal, at $12.885 million. All of the guaranteed money in the contract comes in the first two seasons.

After 2025, the Steelers could release or trade Freiermuth with only a $6.3 million dead cap penalty. That season, he is set to earn a $1.5 million roster bonus in March and $7.6 million in salary.

The final three seasons of the deal are all structured similarly, with $1.5 million in annual roster bonuses, and varying salaries, with a high of $8.5 million in 2027 and a low of $6.9 million in 2028.

Year Salary S. Bonus R. Bonus Cash Cap Hit
2024 $1,100,000 $10,500,000 $11,600,000 $3,636,033
2025 $10,785,000 $10,785,000 $12,885,000
2026 $7,600,000 $1,500,000 $9,100,000 $11,200,000
2027 $8,500,000 $1,500,000 $10,000,000 $12,200,000
2028 $6,897,024 $1,500,000 $8,397,024 $10,497,024

This article first appeared on Steelers Now and was syndicated with permission.

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