It’s not officially signed yet, but it will be soon. And when it’s done, Texans cornerback Derek Stingley Jr. will have a five-year, $113 million deal.
What’s that? Every report you’ve seen said it’s three years and $90 million? That’s one of the basic realities of the new “[insider](https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/the-insider-game-has-changed-dramatically)” game, where only part of the story is told. (Basically, the best part for the player and his agent.)
The deal adds three new years and $90 million in new money. But it’s still a five-year deal. Stingley was due to make $5.431 million in 2025, the fourth year of his rookie contract. He would have made $17.6 million in 2026, under the fifth-year option.
To calculate the full value of the deal, add the old money with the new money. And there’s the $113 million.
The situation has sparked plenty of misconceptions. Some believe Stingley will still make $5.431 million this year and $17.6 million next year before the three-year extension kicks in. That NEVER happens with NFL contracts. The old deal will be torn up, and it will be replaced with the new contract at a new structure.
We’ll get the full breakdown as soon as the deal is official. Until then, remember three things. One, the existing two years will disappear, with a new five-year contract replacing them. Two, the “new-money” average will $30 million per year. Three, the average from signing for the five-year, $113 million contract will be $22.6 million per year.