Spotrac has the full contract details:
https://www.spotrac.com/nfl/indianap...n-davis-47651/
Raekwon Davis signed a 2 year, $14,000,000 contract with the Indianapolis Colts, including a $5,000,000 signing bonus, $7,000,000 guaranteed, and an average annual salary of $7,000,000. In 2024, Davis will earn a base salary of $2,000,000 and a signing bonus of $5,000,000, while carrying a cap hit of $5,010,000.
$7M guaranteed (signing bonus + 2024 salary)
Per Game Active Bonus: $30,000 ($510,000)
Note: The Colts could cut him after the first year and only incur a $2.5M Dead Cap hit (prorated signing bonus).