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Breaking down Derron Smith's contract

Derron Smith signed a four-year, $2,398,632 contract with the Bengals, including a $118,632 signing bonus, $118,632 guaranteed, and an average annual salary of $599,658.

Cary Edmondson-USA TODAY Sports

On Tuesday, the Cincinnati Bengals signed safety Derron Smith, who was selected at No. 197 during the 2015 NFL draft. Here's a breakdown of that contract.

YEARS: Four
TOTAL: $2,398,632
SIGNING BONUS: $118,632

Year

Base Salary

Signing Bonus

Cap Hit

Dead Cap

2015

$435,000

$29,658

$464,658

$118,632

2016

$525,000

$29,658

$554,658

$88,974

2017

$615,000

$29,658

$644,658

$59,316

2018

$705,000

$29,658

$734,658

$29,658

(NUMBERS FROM SPOTRAC)

Smith is the second pick that signed a contract from the Bengals 2015 draft class -- Mario Alford was the first on Sunday. As a means for comparison, the No. 197 pick in the 2014 NFL draft was Green Bay Packers cornerback Demetri Goodson, who signed a four-year, $2,323,152 contract with a 103,152 signing bonus.

Don't expect Smith to be anything more than a backup and special teams contributor during his rookie season as George Iloka and Reggie Nelson will be entrenched as the starting safeties. If neither player sign contract extensions, both will become free agents next March.