Horseshoe Huddle

Camryn Bynum, Charvarius Ward's Colts Contract Details Revealed

The contract details for Indianapolis Colts free-agent additions Camryn Bynum and Charavrius Ward have emerged.
Jake Arthur|
Dec 17, 2023; Glendale, Arizona, USA; San Francisco 49ers cornerback Charvarius Ward (7) runs back an interceptions for a touchdown during the first quarter against the Arizona Cardinals at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images
Dec 17, 2023; Glendale, Arizona, USA; San Francisco 49ers cornerback Charvarius Ward (7) runs back an interceptions for a touchdown during the first quarter against the Arizona Cardinals at State Farm Stadium. Mandatory Credit: Mark J. Rebilas-Imagn Images | Mark J. Rebilas-Imagn Images

In this story:

Indianapolis Colts

Indianapolis Colts general manager Chris Ballard has become known for holding his coins tightly to his chest during free agency over the years, rarely closing deals on high-priced free agents. This year is different.

On the first day of NFL free agency on Monday, Ballard doled out nearly $70 million in guaranteed money to former Minnesota Vikings safety Camryn Bynum and former San Francisco 49ers cornerback Charvarius Ward, showering new defensive coordinator Lou Anarumo with talented playmaking in the secondary.

In the hours since, we have learned a bit more about the new Indy defensive back pair's contracts details.

Bynum

  • Four years (through 2028), up to $60 million total ($15 million APY)
  • $18 million signing bonus
  • $26 million fully guaranteed ($32 million total guarantees)
  • No guaranteed money after 2026
  • $510,000 per-game roster bonuses each year
  • $7 million cap hit in 2025

Bynum will be 30 years old when this contract contract expires, being the rare recipient of a deal from the Colts that stretches beyond two years. This contract length is a good indicator that the Colts view Bynum as a still-ascending player who fits into the team's long-term future.

What happens next for the Colts? Don't miss out on any news and analysis! Take a second and sign up for our free newsletter and get breaking Colts news delivered to your inbox daily!

Bynum's $15 million average per year is fourth on the team overall and tied for ninth in the NFL among safeties.

Ward

  • Three years (through 2027), up to $60 million total ($20 million APY)
  • $20 million signing bonus
  • $35 million total guarantees

Ward will be 31 when this contract expires. His $20 million average per year is tied for third on the team overall, with Quenton Nelson behind Michael Pittman Jr. ($23.3 million) and DeForest Buckner ($23 million). Ward is now tied for seventh in the NFL among corners.

Follow Horseshoe Huddle on Facebook and X, and subscribe on YouTube for multiple Colts live-stream podcasts per week.

Published
Jake Arthur
JAKE ARTHUR

Jake Arthur is the co-deputy editor of Indianapolis Colts on SI and has covered the NFL and the Indianapolis Colts for a decade. He is a member of the Professional Football Writers of America (PFWA), and his works have been featured on SBNation, MSN, Yahoo, and Bleacher Report. He has also contributed to multiple NFL Draft guides and co-hosts the Locked On Colts podcast.

Share on XFollow @JakeArthurNFL
Home/News