Last updated on May 7, 2015 6:30 PM EDT

Michael Buchanan

Year Salary Prorated
Signing Bonus
Roster Bonus/
Weight Clause
Workout Bonus Total Cap Figure Cash Received Remaining Guaranteed Money Cap Hit if Cut Cap Savings if Cut or Traded Comments
2013 $405,000 $13,403 $418,403 $458,612 $53,612
2014 $370,059 $13,403 $5,600 $389,602 $495,000 $40,209 $13,403 $495,000 salary dropped to $318,000 when placed on Injured Reserve on 10/6
2015 $26,806 $26,806 $26,806 $26,806 Buchanan was waived on May 7, 2015

Michael Buchanan - ESPNBoston.Com's Mike Reiss and Field Yates blogged on May 29, 2013 that

Base salaries:

Salary cap charges:

EXTRA POINT: This is a standard deal for a seventh-round pick. As is reflected with most of these rookies deals, the moderate salary cap charge makes them excellent values for teams economically if the rookies make the club and perform well.
October 7, 2014 update On August 30th Michael Buchanan was placed on IR lowering his salary from $495,000 to $318,000. The $370,059 salary is a total of making $495,000 salary over 5 weeks and a $318,000 salary over 12 weeks.

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