Quote:
Originally Posted by Couch-Potato
Easy to say we want to extend Jones, Hill, and Tag Ford, but what do those contracts look like and how do they affect our cap situation? Can anyone break this down for us with relatively strong guestimates?
Additionally, although I love these guys and hate to throw shade can someone provide some speculation on whether or not Houston, Berry, and Watson would be potentially willing to restructure and what that could look like?
|
I've done this with most of my mocks so far but I'll provide you of a breakdown too.
WR Tyreek Hill: This contract would make Hill the highest paid receiver in the NFL by AAV with the same amount of guarantees and $1.0m more guaranteed at signing that Odell.
5 years/$95.0m contract extension with $65m in guarantees, $42m guaranteed at signing, and $20m signing bonus.
Estimated Cap Hits 2019: 6.13 2020: 18.75 2021: 19.25 2022: 19.75 2023: 18.25 2024: 15.00
Notes: Hill will earn the NFL Proven Performance Escalator for the last year of his rookie deal which means his base salary will increase to the Right of First Refusal tender amount. That amount was $1.907 million in 2018 and increases by the percentage the cap increases with a minimum of 5% and a maximum of 10%. The NFL has stated a cap range between $187.0 and $191.1 million, which means Tyreek's 2019 salary will be between $2.012 and $2.056 million. I will err on the high side at 2.056 for tenders and PPEs.
DL Chris Jones: This contract, at $16.2m per, would put Chris Jones just ahead of Kawaan Short who signed a 5-year, $80.5m deal with Carolina last offseason and make him the 3rd highest AAV DT in the NFL behind Geno Atkins (16.3m per) and Fletcher Cox (17.1m per)
5 years, $81.0m contract extension with $40.0m guaranteed at signing including $20.0m signing bonus.
Estimated Cap Hits 2019: 5.98 2020: 13.00 2021: 15.00 2022: 16.00 2023: 17.00 2024: 16.00
OLB Dee Ford: This contract, at an AAV of $17.2m, would make Ford the 3rd highest paid 3-4 OLB in the NFL behind Khalil Mack and Von Miller, both of which have been far more consistent over the years than Ford.
5 years/$86.00m with 41.00m guaranteed at signing including a 20.00m signing bonus.
Estimated Cap Hits 2019: 13.00 2020: 16.00 2021: 17.00 2022: 20.00 2023 20.00
Tagging Ford should be in the neighborhood of $15.4m.
OLB Justin Houston: I've repeatedly stated that this is NOT the season to restructure Houston. If anything, you restructure and extend him in 2020 on a contract similar to Terrell Suggs.
If you DO restructure him this season, you could convert up to 14.32m of base salary into bonuses. If you convert it all to signing bonus, then you'd split that over the 2 seasons left on his contract. His 2019 value would drop from 21.1m to 13.94m and his 2020 value would increase from 19.0m to about 26.2m.
You'd have to get creative with a couple year extension and some converted base salaries to roster bonuses in the added years to make it really work well. I think you leave Houston alone and visit this next offseason with him.
You could also cut Houston and take the $7.1m hit and gain $14.0m in cap space. I don't think KC will do that, but it's an option on the table. If you re-sign Ford and pick up a solid edge player in FA, then a late cut wouldn't surprise me. I just don't think it happens.
FS Eric Berry: If you restructure Berry, you can convert about $11.47m into a prorated bonus. which would knock his current cap from $16.5 down to $7.9m in 2019 but increase his cap hits in the next 3 years by about $2.9m. My opinion on Eric Berry is that he just hasn't been available. You have to look at that situation and be scared to kick money down the road with him. I'd rather see KC cut ties with him on a June 1 cut. If they wait to extend Hill and Jones until after June 1, they could use a good portion of the savings from Berry to cover first-year additional cap hits from signing bonuses for those two.
WR Sammy Watkins: There's not much you can do with Watkins that's really going to help you. You can shed dollars if you want to but your just putting more guaranteed out there on him for next year when his cap hit will already be $21 million. You can eat $7.0m next year and cut him for a $14.0m cap gain. I'm not sure the Chiefs do anything here. They'd have to add additional years to the deal. Like Houston, I think they may very well stay put here.