06-07-2024, 01:08 AM
(06-05-2024, 08:27 PM)puddycat Wrote: IMO NFL agents are bad at math. JaMaar Chase is looking at a salary of less than $5M in 2024, followed by option year at $24M. And potentially followed by a tagged year at 30+M (with no signing bonus). That's 3 years for ~$58M and no signing bonus. Jefferson will be paid $78M for the same period, mostly due to the $37M signing bonus.
It would make all the sense in the world to give a hometown discount to void the remaining years on the contract and get a contract that gives the player the security of a signing bonus and multiyear contract even if it isn't the "biggest contract ever". Seems every new contract has to jump aboard the hype train.
Outside of the signing bonus and roster bonuses, extensions begin after the original contract almost every time. They could negate the 5th year bonus but would not even consider touching this years deal.
They very much would want to keep both his 4th and 5th year deals in place as Chase will likely be looking for a 3 year deal. If they replaced the last 2 years of his current deal and he received the same 37M signing bonus as Jefferson, the cap hit on the signing bonus would be prorated for only 3 years and be 12M each year along with a 22M salary or 34M cap hit in total every year for 3 years, except for 2024, which would be higher.
2024. 39M
2025. 34M
2026. 34M
If they do not void the last 2 years of his current, the signing bonus proration would only be 7m for the next 5 years and his cap hits would be:
2024. 13M
2025. 28M
2026. 29M
2027. 29M
2028. 29M
Not to mention we have him for 5 years instead of 3.
