riggofan wrote:Thought this was a pretty good write up on what a Cousins contract might look like from @spotrac:
I disagree about the way they back loaded the contract so much. We have good enough cap space in 2017 that I don't see why they wouldn't eat some of that cap hit next year and keep the numbers lower later.
Its a lot of money, but I'm telling you by 2019 as long as Cousins is still a decent QB, $23m/yr is a bargain.
With basically three years guaranteed, you can start to see how a contract like this is do-able without crushing the team.
So basically they are saying a 3 year, 62.5M contract. After year 3, the contract has zero dead money cap hit/guaranteed portion. It would inevitably be renegotiated after year 3 as the 31M cap hit would be insanely detrimental to the team.
I think the overall terms of the deal and guaranteed portion could be accurate (the only change would be taking the 10M "roster bonus" in Yrs. 5 & 6 out and making a portion of that "salary" and the other potion roster bonus -- perhaps 6M salary, 4M roster) if that is the way the FO and Cousins want to go. Personally, I wouldn't. For franchise QBs, there are 2 types of contracts:
1. the large number with less guarantee i.e., a 5-6 year, 115M with 55% guaranteed (see Cutler, Kaep, Rodgers, Romom, Newton, Ryan, Dalton, Taylor), or
2. The smaller year, guarantee heavy i.e., 4 year, 85-90M with approx. 70% guaranteed (see Manning, Rivers, Smith, Brady, Flacco, Wilson, Luck) and a good portion of it a signing bonus (around 30M).
The smart option for the player is the 2nd one as after 4 years, they can re-up and the "market" will be higher and receive another signing bonus. With Cousins being 28 now and 32 at next contract, I would expect that he'd want a shorter deal so he can renegotiate in "prime" or closer to prime years. And in the first scenario, most of the contracts are voided/renegotiated to the detriment of the player in later years.
I personally see Cousins have a deal similar to Flacco, but for 4 years. Something like a 4 year, 85M with 65% guaranteed. Then again and knowing Danny boy, I wouldn't be surprised to see a 5 or 6 year deal that can be voided after 3 --- if feel like Danny boy invented that structure.....
RIP Sean Taylor. You will be missed.