Dan Duggan: Corey Coleman ...signed a 1-year, $720K contract

Dan Duggan
@DDuggan21
Interesting contract note: It was believed that Corey Coleman would sign a 1-year, $2.025M contract with the Giants as an RFA. But he actually signed a 1-year, $720K contract, per source. Coleman doesn’t lose any money though ...

The Bills traded for Coleman last August and inherited the remaining guarantees on his rookie contract. That number is $2.039M for 2019, so Coleman is guaranteed that amount regardless.

So the Giants are responsible for $720K (non-guaranteed) and save ~1.3M in cap space compared to the RFA tender. The Bills will pay that $1.3M difference to Coleman. The upside for Coleman is his new contract has ~$1.7M in incentives, per source.

So Coleman could make more than $2.4M if he reaches the incentives. The Giants would happily pay those incentives since it would mean Coleman had a big year. If they cut Coleman, they pay nothing and Buffalo pays the full $2.039M.
Win-win for Coleman and Giants.