Breaking down Colts WR T.Y. Hilton's contract

ESPN NFL Insider Field Yates passed along the breakdown of Colts receiver T.Y. Hilton's new contract.

Total deal, including existing final year is six years and $66,547,070

Five-year extension with $65 million in new money. $Ten million in signing bonus, $11 million fully-guaranteed at time of signing. $Twenty-eight million more guaranteed for injury only.

Year-by-year breakdown:

2015:

Cap value: $3,136,920

Cash value: $11,005,070

Signing bonus: $10 million

Base salary: $1 million (guaranteed)

Workout bonus: $5,070

2016:

Cap value: $11M

Cash value: $9M

Base salary: $3M (guaranteed for injury only, fully-guaranteed on the fifth day of the 2016 league year)

Roster bonus: $6M ((guaranteed for injury only, fully-guaranteed on the fifth day of the 2016 league year. Note: $3M of the roster bonus will be a deferred payment due on 3/31/17)

2017:

Cap value: $10M

Cash value: $8M

Base salary: $8M (guaranteed for injury only, fully-guaranteed on the fifth day of the 2017 league year)

2018:

Cap value: $11M

Cash value: $11M

Base salary: $11M (guaranteed for injury only)

2019:

Cap value: $13M

Cash value: $13M

Base salary: $13M

2020:

Cap value: $14.542M

Cash value: $14.542M

Base salary: $14.542M