Davante Adams is heading from the Las Vegas Raiders to the New York Jets in the NFL's latest blockbuster trade.

Adams' time with the Raiders ends two-and-a-half years after Las Vegas acquired him via trade from the Green Bay Packers to be its No. 1 receiver. Adams held up his end of the bargain, posting two 1,000-yard seasons and leading the NFL in receiving touchdowns during a Pro Bowl 2022 campaign, but the Raiders haven't been able to win consistently despite his presence.

Now, Adams will suit up for the Jets and hope to contribute to a playoff contender as he is reunited with Aaron Rodgers. He also hopes to parlay his rest-of-season audition into a lucrative contract extension, especially with the guarantees on his five-year deal with the Raiders running out.

Here's what to know about Adams' contract as the Jets inherit the remainder of the deal that once made the wide-out one of the NFL's highest-paid players at the position.

Davante Adams contract details

Adams is in the third year of a five-year, $140 million contract he signed with the Raiders in 2022. The Jets will only be responsible for paying part of what the Raiders owe him.

The Jets will absorb the remaining base salaries owed to Adams: a prorated version of the $16.89 million he is owed for 2024 and the full $35.64 million base salaries he is on the books for in 2025 and 2026. They will also owe Adams the roster and workout bonuses attached to his contract, which tops out at $610,000 per year, per Spotrac.com.

Below is a look at the maximum amount the Jets will owe Adams in yearly cash as a result of the trade:

• 2024: $11.59 million

• 2025: $36.25 million

• 2026: $36.25 million

On paper, that would make the remainder of Adams' deal worth up to $84.09 million over the next two and half seasons.

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None of the remaining money on Adams' deal is guaranteed, so the Jets could move on from Adams after the 2024 season with no repercussions if things did not work out. Conversely, they could also try to restructure the veteran receiver's contract or extend him to defray the cost of his projected $44.1 million cap hits in 2025 and 2026, respectively.

Given that the Jets gave up a conditional third-round pick to get Adams, it stands to reason that they believe the 32-year-old is part of their long-term plans. As such, the latter scenario, an extension or a contract restructure to turn some of Adams' base salary into guaranteed money, thus lowering his future cap hits, seems the more likely option.

What do the Raiders owe Davante Adams?

The Raiders no longer owe Adams anything but will incur a dead-cap hit after trading him.

Dead cap space is salary cap space taken up by a player no longer on a team. It typically stems from guaranteed money already paid to a player who is released, traded, or retires.

Adams' prorated signing bonus and guarantees from another contract restructure will remain on the Raiders' books. As a result, they will take a $13.67 million dead-cap hit for the rest of the 2024 NFL season while incurring one of $15.7 million in 2025.

The Raiders will open up $28.4 million in cap space for the 2025 NFL season by releasing Adams, as his $15.7 million dead-cap hit is less than the $44.1 million cap hit Las Vegas would have owed him. So, the team is retaining some financial flexibility by parting with Adams, and they don't officially owe him any money they haven't already paid him.

This article originally appeared on USA TODAY: Davante Adams contract details: Salary, earnings for new Jets WR