Former Ravens starting cornerback Cary Williams' three-year $17 million contract with the Philadelphia Eagles includes a $5 million signing bonus.
Williams' deal has a maximum value of $19 million, which he can be paid if he triggers $2 million in escalator clauses and incentives.
The contract includes $10.5 million in guaranteed money.
The first-year base salary of $750,000 is fully guaranteed. The second-year base salary of $4.75 million is guaranteed for injury protection only should Williams be unable to play if he gets hurt.
However, that entire figure becomes fully guaranteed if Williams remains on the roster by the fifth day of the 2014 league year. So, it operates akin to a roster bonus.
Williams' first-year compensation is $5.75 million. The deal averages $5.66 million.
He'll be a starting cornerback for the Eagles as Nnamdi Asomugha and Dominique Rodgers-Cromartie are gone.
With a tight salary cap and Lardarius Webb, Corey Graham and Jimmy Smith all under contract, the Ravens didn't attempt to retain Williams after he recorded 75 tackles, four interceptions and 17 pass deflections last season.
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