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Breaking Down Terence Newman's Two-Year Contract

Terence Newman signed a two-year deal worth $5 million. Additional numbers have been released.

John Grieshop

The Cincinnati Bengals confirmed on Monday following a weekend tweet, that they've officially re-signed veteran cornerback Terence Newman to a two-year deal that was reportedly worth $5 million with $3 million applied to the first year of the contract.

We've more about his salary.

According to Joe Reedy with the Cincinnati Enquirer, Newman will earn a base salary of $1.5 million this year and $1.9 million during the second year of his two-year deal.

Newman, who turns 35 years old in September, will also receive a $1.4 million roster bonus this year and an annual workout bonus of $100,000. Combine the base of $1.5 million, the roster bonus of $1.4 million and a $100,000 workout bonus this year, you have a $3 million cap number.

The veteran cornerback admitted the decision between the Cincinnati Bengals and Oakland Raiders came down to familiarity with the Bengals, as well as defensive coordinator Mike Zimmer. Reportedly the Raiders offered more money and years and nearly picked Oakland over Cincinnati. But alas, he didn't.