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Old 03-21-2023, 04:21 PM   #1
dlphg9 dlphg9 is offline
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Originally Posted by raybec 4 View Post
What were the numbers on the contract?
I haven't seen or heard exact numbers, but

This is from USA today: https://chiefswire.usatoday.com/2023...adi-re-signed/

"Expect this to be a veteran salary benefit contract, similar to the one signed by Nick Allegretti to return to Kansas City. That’ll keep his salary cap hit low for the 2023 NFL season."

So I believe is they do the veteran salary benefit, then the cap hit is only $940k.
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Old 03-21-2023, 04:41 PM   #2
DJ's left nut DJ's left nut is offline
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Quote:
Originally Posted by dlphg9 View Post
I haven't seen or heard exact numbers, but

This is from USA today: https://chiefswire.usatoday.com/2023...adi-re-signed/

"Expect this to be a veteran salary benefit contract, similar to the one signed by Nick Allegretti to return to Kansas City. That’ll keep his salary cap hit low for the 2023 NFL season."

So I believe is they do the veteran salary benefit, then the cap hit is only $940k.
I believe there's a cap on the total VSB benefit. So if they used some of it on Allegretti, the amount of the total cap benefit gained on Nnadi would be reduced accordingly.
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Old 03-21-2023, 04:44 PM   #3
The Franchise The Franchise is offline
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Originally Posted by DJ's left nut View Post
I believe there's a cap on the total VSB benefit. So if they used some of it on Allegretti, the amount of the total cap benefit gained on Nnadi would be reduced accordingly.
Not sure how much it is but OTC shows this for Allegretti.

Nick Allegretti signed a one year, $2.582 million contract with the Chiefs. The contract is fully guaranteed and he will be treated as a four year qualifying player.

His cap hit $1.2 million.
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Old 03-21-2023, 04:47 PM   #4
DJ's left nut DJ's left nut is offline
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Not sure how much it is but OTC shows this for Allegretti.

Nick Allegretti signed a one year, $2.582 million contract with the Chiefs. The contract is fully guaranteed and he will be treated as a four year qualifying player.

His cap hit $1.2 million.
Hmmm...I kinda feel like that's all of it.

Unless the tweet is referencing the 'ordinary' VSB rather than the 4-year player exception. Nnadi likely had so little value on the FA market that we probably could sign him under the standard VSB. So that makes some sense.
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Old 03-21-2023, 04:48 PM   #5
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Originally Posted by DJ's left nut View Post
Hmmm...I kinda feel like that's all of it.

Unless the tweet is referencing the 'ordinary' VSB rather than the 4-year player exception. Nnadi likely had so little value on the FA market that we probably could sign him under the standard VSB. So that makes some sense.
Yeah, I don't think that Nnadi got anything of value. He just wasn't getting any offers out there and the Chiefs are bringing him back as depth until camp. I don't even think he has a better than 50% chance of making the regular season roster at this point.
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