Lots of information below, but Jason Fitzgerald from Overthecap.com believes that the offer from the Chiefs for $74,500,000 - $19,500,000 for current contract gives you $55,000,000 of new money. That gives you $27,500,000 per year and would be a fair contract offer.
Chris Jones contract from 2020 when Chris was 26 years old.
Kansas City Chiefs DT (2020 contract)
Chris Jones (4-yr, 80.0M) AAV:$20M, Age 26, total guaranteed $58,500,000
2020 - $15,001,000 cap hit, 2021 - $ $8,541,666, 2022 - $29,415,666 cap hit,
2023 - $ $28,291,668
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Per a source with knowledge of the situation, the Chiefs have offered to replace the $19.5 million that Jones is due to earn in 2023 with $74 million over the next three years. Of that amount, $70 million would be guaranteed for injury, with a lower amount fully guaranteed...
Jones would take $84.5 million over three.
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https://www.nbcsports.com/nfl/profoo...t-aaron-donald
From Overthecap.com
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The thing with contracts that often leads to the most confusion in the NFL is the concept of how to value a contract extension. A contract extension is typically valued based on the “new money” in a contract. The calculation is simple. Add up all of the money in the contract and subtract from that the money that is owed to the player on his current contract and then you have the new money in the deal. Divide that by the number of new years and you come up with the average per year on the contract.
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The $74.5 million offer works out to $24.8 million a year, but if we value this as new money, it represents an offer from the Chiefs worth $55 million in new money over two new years, an average of $27.5 million. That number is a “cleaner” figure than the $74.5 million which certainly leads me to believe the Chiefs are taking a traditional approach to the contract valuation. The $84.5 million that Florio says is the magic number would lead to a new money total of $65 million, or $32.5 million a season, which would blow away any other extension for a non-QB and fly past Donald’s number.
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https://overthecap.com/thoughts-on-t...to-chris-jones
Other DT contract to compare to -
Washington Commanders DT
Daron Payne (4-yr, $90.0M) AAV:$22.5M, Age 26, total guaranteed $60,020,000
2023 - $8,610,000 cap hit, 2024 - $21,610,000 cap hit, 2025 - $26,170,000 cap hit, 2026 - $28,010,000, cap hit, 2027 - void year with $5,600,000 Bonus
New York Giants DT
Dexter Lawrence (5-yr, 90.0M) AAV:$22.5M, Age 26, total guaranteed $59,000,000
2023 - $6,653,000 cap hit, 2024 - $21,900,000 cap hit, 2025 - $21,400,000 cap hit, 2026 - $24,400,000 cap hit, 2027 - $26,400,000 cap hit
Tennessee Titans DT
Jeffery Simmons (5-yr, 94.0M) AAV:$23.5M, Age 26, total guaranteed $59,330,000
2023 - $6,350,588 cap hit, 2024 - $21,800,000 cap hit, 2025 - $22,800,000 cap hit, 2026 - $25,473,000, 2027 - $28,300,000 cap hit
New York Jets DT
Quinnen Williams (5-yr, 96.0M) AAV:$24M, Age 26, total guaranteed $66,000,000
2023 - $6,464,588 cap hit, 2024 - $20,400,000, 2025 - $21,650,000 cap hit, 2026 - $26,650,000, 2027 - $30,400,000, plus two void years with no money.
Los Angeles Ram
Aaron Donald AAV:$31.67M, Age 32, total guaranteed $65,000,000
2022 - $27,000,000 cap hit. 2023 - $26,000,000 cap hit, 2024 - $34,166,666 cap hit, 2025 - $29,333,334 (void year), 2026 - $8,000,000 Bonus on another void year. Rams will be paying for Aaron two years after he is no longer on roster.