Eagles – NBC Sports Termination of Saquon Barkley's 3-year contract with Philadelphia

Earlier this week, the Eagles made one of the biggest splashes of free agency when they agreed to terms with Pro Bowl running back Saquon Barkley.

The deal is a three-year, $37.75 million deal with $26 million in guaranteed money, a league source confirmed to NBC Sports Philadelphia earlier this week.

But now we have all the details:

• The contract includes a signing bonus of $11.625 million

• The deal is fully guaranteed at $26 million

• Barkley's base salary is $1.375 million in 2024, $11 million in 2025 and $12 million in 2026

• Just $1.5 million of Barkley's 2026 salary is guaranteed

• Barkley has a roster bonus totaling $250K each of the three years

• Barkley will receive a $1 million bonus if he is on the Eagles' roster on the fifth day of the 2026 league year

Based on those details, it's essentially a two-year deal worth more than $24 million and would give the Eagles a chance to keep Barkley through 2026 if things actually work out. But that would give them a chance to sever ties after the 2025 season, when Barkley turns 29.

Barkley's earnings after two seasons will be $24.5 million, which will come from his signing bonus, two base salaries and a $500K roster bonus. Only $1.5 million in guaranteed money remaining in 2026.

Here's a look at Barkley's cap hits during the deal OverTheCap:

2024: $3,905,882
2025: $13,575,000
2026: $15,575,000
2027: $4,650,000 dead money

Cutting Barkley after the 2025 season would leave $8.475 million (remaining signing bonus money + $1.5 million guaranteed) on the dead cap and save more than $7 million in cap space.

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Even though Barkley is tied to the Eagles through 2026, it's unlikely he'll play that year under this current contract, as it's built around a $15.5 million win. The Eagles will probably renegotiate the deal before that happens.

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