Yesterday, 10:46 AM
Still, I think Goodberry is overly optimistic on his contract forecasts AND guaranteed money. Too low on both.
AND, as Leonard Leap points out, he did it wrong on Chase and forgot to allocate his $21 mil back into the equation.
Still, the Jefferson comp is a good one. His 5th year option was $19.7 mil, just $2 mil under Chase's.
https://www.profootballrumors.com/2023/05/2024-nfl-fifth-year-option-tracker
It was exercised in 2023, so he was scheduled to make $19.7 in his 5th year option year. He signed an extension that summer and his cap hit for 2024 was $8.6 mil instead. And only $15.1 the year after. Ballooning to $39, $43.5, and $47.5 in the meat of the deal. $6 in the void year.
https://overthecap.com/player/justin-jefferson/8762
Chase's will be more. But despite Goidberry's errors and my reservations, the original point still stands. If we sign Chase to an extension (structured properly), his cap hit could decline significantly this year (and next).
Luvnit2 is correct and I am/was dead wrong.
Thanks for the correction Luvnit2! Much appreciated!
AND, as Leonard Leap points out, he did it wrong on Chase and forgot to allocate his $21 mil back into the equation.
Still, the Jefferson comp is a good one. His 5th year option was $19.7 mil, just $2 mil under Chase's.
https://www.profootballrumors.com/2023/05/2024-nfl-fifth-year-option-tracker
It was exercised in 2023, so he was scheduled to make $19.7 in his 5th year option year. He signed an extension that summer and his cap hit for 2024 was $8.6 mil instead. And only $15.1 the year after. Ballooning to $39, $43.5, and $47.5 in the meat of the deal. $6 in the void year.
https://overthecap.com/player/justin-jefferson/8762
Chase's will be more. But despite Goidberry's errors and my reservations, the original point still stands. If we sign Chase to an extension (structured properly), his cap hit could decline significantly this year (and next).
Luvnit2 is correct and I am/was dead wrong.
Thanks for the correction Luvnit2! Much appreciated!
