Mixon's Migrane Should Be Good Now

[*SHRacerX*]

(09-02-2020, 10:56 AM)Wes Mantooth Wrote: Here are the contract details: https://www.spotrac.com/nfl/cincinnati-bengals/joe-mixon-21789/

Cap hits by year:

2020 - 4.35 mil
2021- 10.7 mil
2022 - 10.7 mil
2023 - 12.1 mil
2024 - 12.3 mil

Note: What you're seeing in year 1 is a jump from 1.3 ml to 4.35, because the signing bonus is spread equally against the contract, and it containts a roster bonus.  This is 3.05 million in new money, that comes from the new extension.

Now let's look at the rest of the new money, which comes in the extended years.  And let's say we take our club option and cut bait after 2023, where we don't owe the 12.3 mil (the highest paid season).

10.7 + 10.7 + 12.1 = 33.5 mil

33.5 mil + 3.05 mil in added payment this year = 36.05 mil

Even if we don't exercise the last season, we will have added 36.05 million dollars to our cap to keep him an additional 3 years.

Translation = 36.05/3 = 12 mil

Those are for the years 2021, 2022, and 2023.  If you don't include this year, yes, $12 million per.  If you do include this year...I mean, it exists.  Why would you not include it?  It is under $10 million per year.  If the Bengals cut bait after four years by voiding the fifth year, it would be less than $10 million per year.