02-01-2023, 03:44 PM
(02-01-2023, 01:19 PM)CincyWestside Wrote: So as the whole Bengals fandom knows by this point, Burrow and Higgins need to be extended this offseason.
I was wondering how extensions work exactly. Don't they kick in after their current contracts?
If that is the case, then couldn't we "extend" our 2020 draft class picks but still live with their rookie contracts for another year? That could free up some space this offseason to bring back Bates or Pratt on a front-loaded contract for a year or two.
To actually answer your question, yes extensions begin after the current contract, but bonus proration can begin immediately.
Extensions for players on rookie deals can be done after the 3rd season.
Burrow's contract could look like this:
500M over 10 years with $50M signing bonus in 2023 prorated over 5 years, $60M roster bonus in 2028, $100M roster bonus in 2032
2023 Rookie Base $1M, Rookie Bonus YR 4 $5.9M, Extension Bonus (50M) YR 1 $10M = CAP HIT $17.9M
2024 5th YR Option $30M, Extension Bonus YR2 $10M = CAP HIT $40M
2025 Extension Base Y1 $12M, Extension Bonus YR3 $10M = CAP HIT $22M
2026 Extension Base Y2 $17M, Extension Bonus YR4 $10M = CAP HIT $27M
2027 Extension Base Y3 $22M, Extension Bonus YR5 $10M = CAP HIT $32M
$60M Roster Bonus converted to Signing Bonus in 2028 and prorated over 3 years.
2028 Extension Base Y4 $24M, Extension Bonus YR1 $20M = CAP HIT $44M
2029 Extension Base Y5 $25M, Extension Bonus YR2 $20M = CAP HIT $45M
2030 Extension Base Y6 $30M, Extension Bonus YR5 $20M = CAP HIT $50M
$100M Roster Bonus converted to Signing Bonus in 2031 and prorated over 4 years.
2031 Extension Base Y4 $35M, Extension Bonus YR1 $25M = CAP HIT $60M
2032 Extension Base Y5 $40M, Extension Bonus YR2 $25M = CAP HIT $65M
2033 Extension Base Y6 $40M, Extension Bonus YR5 $25M = CAP HIT $65M
2034 Extension Base Y6 $45M, Extension Bonus YR5 $25M = CAP HIT $70M
2024 would be the only tough year and I'm not sure of the rules of converting 5th year option salary to a bonus for proration purposes.
