Bo Levi Mitchell gets $100,000 signing bonus for $40,000 pay reduction, provides Stamps QB consistency

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Calgary Stampeders’ franchise quarterback Bo Levi Mitchell has restructured his contract, coming down $40,000 from what he was originally set to make in 2022.

The 31-year-old’s new contract is worth $425,000 in hard money, including a $100,000 signing bonus. He can also make up to an additional $60,000 in playtime, earning a $3,333.33 bonus each time he takes at least 51 percent of the offensive snaps in a game. As such, the deal maxes out at $485,000 over the course of an 18-game regular season.

Mitchell was originally supposed to receive $525,000 in 2022 in the form of two $100,000 off-season roster bonuses and a total of $325,000 during the 2022 season, including $9,000 in playtime money.

Calgary wanted to renegotiate the deal to allow the Stamps to keep both Mitchell and Jake Maier at the most important position in football at the same combined amount from 2021. Maier recently re-signed with the team at a bargain rate with his deal topping out at $186,000 if he reaches every possible playtime bonus and incentive.

Mitchell has been a mainstay in Calgary for the past decade and eclipsed the 30,000 career passing mark in 2021, becoming the 18th player in CFL history to do so. He went 7-4 as a starter in the regular season despite suffering a broken leg, completing 64.9 percent of his passing for 2,594 yards, 10 touchdowns, and 13 interceptions.

As was the case before signing his new contract, Mitchell is set to become a free agent in February 2023.

Justin Dunk is a football insider, sports reporter and anchor.