New Orleans Saints quarterback Taysom Hill will be around the Crescent City for the foreseeable future, as the two sides agreed to a contract negotiation and extension earlier this week, putting Hill under contract through the 2025 season with a void year in 2026.
Hill's contract guarantees him $21.5 million and has a cash value of $52,164,775, according to some contract details provided to the Times-Picayune by a league source Thursday. His average earnings per year are $10 million, as laid out in the details.
The entire contract was not yet available, per source, so the details that outline his incentives and escalators if he were to win the starting quarterback job moving forward were not provided at this time.
Hill's cap number for the 2021 and 2022 seasons changed with the re-negotiation, as he was originally set to count $8,410,200 against the salary cap for 2021 — the final year of his original deal — and $8.9 million against the cap in 2022, regardless of if he was with the team or not. Hill's cap number for the 2021 season is now $7,264,775 with a cash value of $12,164,775 and the cap hit for the 2022 season is now $12.325 million..
The 2021 year also has $1 million in a not likely to be earned bonus.
Hill, in 2022, has a base salary of $1.1 million and is due a $9 million roster bonus on the fifth day of the 2022 league year. Additionally, Hill is due $2.225 million in bonuses, which puts his cap hit for 2022 at the $12.325 million for next season.
The later seasons of Hill's contract are mostly the same.
In 2023, Hill has a base salary of $9.9 million and $2.225 million in prorated or renegotiated bonus money, giving him a cap number of $12.125 million.
In 2024 and 2025, Hill has a base salary of $10 million with those bonuses adding up to $2.225 million for a cap hit of $12.225 million.
In 2026, Hill's base salary of $10 million automatically voids, giving him a cap number of $0 for that season.
New Orleans was just starting to expand Hill’s offensive role when Washington's defensive back William Jackson III derailed that progress.
Hill was laying out for a pass when Jackson hit Hill in the head from the blindside Hill left the field on a cart with a concussion and missed the next two games.
Hill, when speaking to the media roughly a month later, said he did not recall a period of about 45 minutes after the hit and had concussion-related symptoms for at least two weeks after the collision.
Hill was active last week against the Philadelphia Eagles, but did not play after he only practiced once that week due to a foot injury.
So far this season, Hill has played in seven games and has rushed 20 times for 104 yards with three touchdowns, caught four passes for 52 yards and has thrown for 56 yards on seven completions.