Age: 34
Free Agency: 2026 (Void)
Accrued Seasons: 12
- Height: 6'5"
- Weight: 304
- College: Arkansas-Pine Bluff
- Entry: 2013 Draft, Round 3, #75 overall (Saints)
- 2025 Salary Cap Charge: $9,071,750 (3.18% of cap)
- 2025 Cash Payout: $1,255,000 (0.46% of spending)
- 2025 Cash to Cap Ratio: 0.14
- Contract Value: $38,630,000 ($12,876,667 APY)
- Fully Guaranteed Money: $10,000,000
- Contract Ranking: 18/93 at LT
Current Contract
(Other, signed 2024)
(📝: indicates contract trigger occuring during that year)| Year | Age | Base Salary | Prorated Signing Bonus | Roster Bonus | Other Bonus | Guaranteed Salary | Cap Number | Cap % | Dead Money & Cap Savings | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Regular | Per Game | |||||||||||||
| 2024 | 33 | $1,210,000 | $7,816,750 | $0 | $1,500,000 | $645,000 | $1,210,000 | $10,559,103 | 4.1% | |||||
| 2025 | 34 | $1,255,000 | $7,816,750 | $0 | $0 | $0 | $0 | $9,071,750 | 3.2% | |||||
| 2026
March 15: Roster bonus due
| 35 | Void | $7,816,750 | $1,000,000 | $1,000,000 | Void | Void | $10,732,750 | 3.6% | |||||
| 2027
February 10: Contract voids 5th day after the super bowl
| 36 | Void | $1,458,000 | Void | Void | Void | Void | $0 | 0.0% | |||||
| 2028 | 37 | Void | $1,458,000 | Void | Void | Void | Void | $0 | -- | |||||
| Total | $2,465,000 | $26,366,250 | $1,000,000 | $2,500,000 | $645,000 | $1,210,000 | $30,363,603 | |||||||
Contract Notes
Terron Armstead signed a five year, $75 million contract with the Dolphins. Armstead received $43.37 million in guarantees of which $30.12 million is fully guaranteed at signing. Armstead received a $12 million signing bonus and his base salary in 2022 and 2023 are guaranteed as is a roster bonus due in 2023. If on the roster on the 3rd day of the 2023 league year, $5 million of Armstead's 2024 salary will be fully guaranteed. The balance will be fully guaranteed on the 3rd day of the 2024 league year. The contract has annual per game bonuses worth up to $1 million. Another $12.5 million in incentives are available to raise the total value to potentially $87.5 million.
Armstead renegotiated his contract in 2024 accepting a $4.25 million pay cut and receiving $10 million in guaranteed salary. he new contract includes a $7.29 million signing bonus and reduced his 2024 cap charge by $10.29 million. The 2025 and 2026 seasons remain unchanged.
Cash Flows
| Old Money | 2024 | 2025 | |
|---|---|---|---|
| Cash Due | $14,330,000 | $10,000,000 | $14,300,000 |
| Running Cash | $24,330,000 | $38,630,000 |
Career Earnings: $115,771,377
Career APY: $9,647,615
Contract History
| Team | Contract Type | Status | Year Signed | Yrs | Total | APY | Guarantees | Amount Earned | % Earned | Effective APY |
|---|---|---|---|---|---|---|---|---|---|---|
| Saints | Drafted | Renegotiated | 2013 | 4 | $2,867,436 | $716,859 | $617,436 | $2,162,436 | 75.4% | $720,812 |
| Saints | Extension | Expired | 2016 | 5 | $65,000,000 | $13,000,000 | $20,880,000 | $66,671,000 | 102.6% | $11,111,833 |
| Dolphins | UFA | Renegotiated | 2022 | 5 | $75,000,000 | $15,000,000 | $30,120,000 | $32,422,941 | 43.2% | $16,211,471 |
| Dolphins | Other | Active | 2024 | 3 | $38,630,000 | $12,876,667 | $10,000,000 | $14,515,000 | 37.6% | $14,515,000 |
Earnings By Team
| Team | Yrs | Salary | APY | Paid on Cap | % Paid on Cap | Paid as Dead Money | % Paid as Dead Money |
|---|---|---|---|---|---|---|---|
| Saints | 9 | $68,833,436 | $7,648,160 | $55,701,377 | 0.0% | $12,773,970 | 0.0% |
| Dolphins | 3 | $46,937,941 | $15,645,980 | $24,082,265 | 0.0% | $0 | 0.0% |
Season History
| Year | Team | Base Salary | Prorated Bonus | Roster Bonus | Per Game Roster Bonus | Workout Bonus | Other Bonus | Guaranteed Salary | Cap Number | Cap % | Cash Paid | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | Saints | $405,000 | $154,359 | $0 | $0 | $0 | $0 | $0 | $559,359 | 0.5% | $1,022,436 | ||
| 2014 | Saints | $525,000 | $154,359 | $0 | $0 | $0 | $0 | $0 | $679,359 | 0.5% | $525,000 | ||
| 2015 | Saints | $615,000 | $154,359 | $0 | $0 | $0 | $0 | $0 | $769,359 | 0.5% | $615,000 | ||
| 2016 | Saints | $680,000 | $2,354,359 | $0 | $0 | $41,000 | $0 | $680,000 | $3,075,359 | 2.0% | $11,721,000 | ||
| 2017 | Saints | $4,200,000 | $3,200,000 | $0 | $0 | $100,000 | $0 | $4,200,000 | $7,500,000 | 4.6% | $9,300,000 | ||
| 2018 | Saints | $6,200,000 | $4,200,000 | $0 | $0 | $100,000 | $0 | $6,200,000 | $10,500,000 | 5.9% | $10,300,000 | ||
| 2019 | Saints | $10,700,000 | $4,200,000 | $500,000 | $500,000 | $100,000 | $0 | $7,420,000 | $15,968,750 | 8.4% | $11,800,000 | ||
| 2020 | Saints | $1,050,000 | $6,737,500 | $0 | $500,000 | $100,000 | $0 | $0 | $8,356,250 | 4.2% | $11,800,000 | ||
| 2021 | Saints | $1,120,000 | $7,172,941 | $0 | $88,235 | $0 | $0 | $0 | $8,292,941 | 4.5% | $11,750,000 | ||
| 2022 | Dolphins | $1,120,000 | $2,400,000 | $0 | $1,000,000 | $0 | $0 | $1,120,000 | $4,284,706 | 2.0% | $14,834,706 | ||
| 2023 | Dolphins | $1,165,000 | $6,358,750 | $0 | $1,000,000 | $0 | $950,000 | $1,165,000 | $9,238,456 | 4.1% | $17,588,235 | ||
| 2024 | Dolphins | $1,210,000 | $7,816,750 | $0 | $1,500,000 | $0 | $645,000 | $1,210,000 | $10,559,103 | 4.1% | $14,515,000 | ||
| 2025 | Dolphins | $1,255,000 | $7,816,750 | $0 | $0 | $0 | $0 | $0 | $9,071,750 | 3.2% | $1,255,000 | ||
| 2026 | Dolphins | $1,233,000 | $7,816,750 | $1,000,000 | $1,000,000 | $0 | $0 | $0 | $10,732,750 | 3.6% | $0 | ||
| 2027 | Dolphins | $15,000,000 | $1,458,000 | $0 | $0 | $0 | $0 | $0 | $0 | 0.0% | $0 | ||
| 2028 | Dolphins | $15,000,000 | $1,458,000 | $0 | $0 | $0 | $0 | $0 | $0 | -- | $0 | ||
| Total | $61,478,000 | $63,452,877 | $1,500,000 | $5,588,235 | $441,000 | $1,595,000 | $21,995,000 | $99,588,142 | $117,026,377 | ||||
Dead Money History
| Team | Year | Cap Charge | Cash Paid |
|---|---|---|---|
| Saints | 2022 | $12,773,970 | $0 | Total | $12,773,970 | $0 |
Statistics
| Year | Games Played | Games Inactive | Snaps | ||
|---|---|---|---|---|---|
| Injured | Healthy | Offense | Special | ||
| 2013 | 6 | 1 | 9 | 12.2% | 5.9% |
| 2014 | 14 | 2 | 0 | 73.4% | 7.9% |
| 2015 | 13 | 3 | 0 | 80.2% | 2.6% |
| 2016 | 7 | 9 | 0 | 34.4% | 1.9% |
| 2017 | 10 | 5 | 0 | 52.3% | 0.0% |
| 2018 | 10 | 6 | 0 | 57.3% | 0.0% |
| 2019 | 15 | 1 | 0 | 87.8% | 12.8% |
| 2020 | 14 | 0 | 0 | 79.6% | 2.2% |
| 2021 | 8 | 8 | 1 | 42.8% | 0.0% |
| 2022 | 13 | 0 | 4 | 65.1% | 0.0% |
| 2023 | 10 | 2 | 1 | 47.7% | 0.0% |
| 2024 | 15 | 0 | 2 | 72.1% | 0.0% |
Valuation Diamond
The diamond is a scatterplot graph that visualizes the relation of the player's APY (in green) and performance (in blue, as measured by OTC's Valuations) to the rest of the league at his position. To understand how to read the diamond, read this explainer.
| OTC Valuation | APY | |
|---|---|---|
| Regular | $13,307,000 | $12,876,667 |
| Injury Adjusted | $13,307,000 | $12,876,667 |
Weekly Valuation Trends
The chart below illustrates the trend of the player's weekly OTC Valuations (in blue) from the most recent season, using APY (in green) and, if applicable, cash that is due to the player in the next season (in red) as benchmarks. Weeks not plotted indicate that the player was inactive or on a bye.
To see interactive and more in-depth use of OTC Valuation data, subscribe to OTC Premium.