Jamie |
02-24-2021 10:29 PM |
Quote:
Originally Posted by htismaqe
(Post 15562750)
The Chiefs aren't waiting until June to address the center position. It will be one of the first things they do when free agency starts I would imagine, unless they're targeting someone in the draft. Even then, it will be done by early May.
|
They can agree to a trade now, and consummate it after June 1st.
Quote:
Originally Posted by DaneMcCloud
(Post 15563347)
They would have paid him $3 million in bonuses by June 1st, making their Dead Cap hit to release him at more than $10 million.
If they plan to release him, it'll need to happen before the new league year begins in March.
|
I'm not pretending I'm a cap expert or anything, but based on OTC and Sportrac that just isn't true.
First of all, the $10 million in bonuses are guaranteed and the Eagles will have to eat the cap charge no matter what. The only difference is cutting or trading Kelce after June 1st would allow them to spread it out over this year ($3 million) and next year ($7 million).
Kelce's bonus is prorated over three void years at the end of the contract, so that will accelerate when the contract ends even if they keep him. The only thing the Eagles can get out of is Kelce's 2021 base salary of $5.5 million. Basically the Eagles have three options:
1. Keep Kelce. Cap hits - 2021: $8.4 million; 2022: $7.2 million (dead)
2. Cut Kelce now - 2021: $10.1 million; 2022: $0
3. Cut Kelce after June 1 - 2021: $2.9 million; 2022: $7.2 million (dead)
So if Kelce is insistent that he'll retire rather than play for the Eagles in 2021, they don't really have a lot of incentive to keep him.
|