Brett Veach hopes Chris Jones can play next week; increased talks last 2 days

[RunKC]

For the mega thread hating crew

#Chiefs GM Brett Veach says he's hopeful that DT Chris Jones will play in their season opener vs. the Lions, which is just eight days away.

Veach mentioned that there has been increased communication on an extension over the past two days. pic.twitter.com/MpLGt0mYhz

— Ari Meirov (@MySportsUpdate) August 30, 2023

[RealSNR]

Originally Posted by Simply Red

I've decided I'm going to be Pete for Halloween this year!

Won't sniff any candy this year

[Wilson8]

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

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.

https://www.nbcsports.com/nfl/profoo...t-aaron-donald

From Overthecap.com

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.

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.

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.

[Wilson8]

I hope this will be resolved soon, but I am afraid the Chiefs will have to add a void year on a new Chris Jones contract to make the numbers work.

Example of possible contract - (Disclaimer: not saying this would be the contract)

Kansas City Chiefs DT Chris Jones (3-yr, 74.5M) AAV:$24.8M, Age 29, total guaranteed $70,000,000
2023 - $16,500,000 cap hit, 2024 - $19,500,000 cap hit, 2025 - $28,500,000 cap hit, 2026 - $10,000,000 cap hit (void year). Chiefs would pay Chris one year after he is no longer on roster.

[Fishels]

Originally Posted by DJ's left nut

I'm not paying him $27 million/season. He isn't worth it, the market doesn't support it and I'm making it damn clear that as an organization we will not negotiate with terrorists.

If Jones and his agents are the heads we have to put on spikes to make this crystal ****ing clear, so be it.

**** Jones. **** his agents.

Hold out. Retire. Do whatever the **** you want.

Asshole.

This. He simply isn’t anywhere good enough to be paid like some other DT and his age is an objective fact. I never thought we’d be having this conversation right after SB 57 but I would have preferred we traded him asap knowing what I know now.

And he’s my favorite defensive player but it is what it is only Mahomes gets what he wants.

The funny thing about it is it would have made way more sense for someone like Tyreek hill to have done this over Jones. Mahomes has shown he can win with almost no defense, so it doesn’t make sense to have DT be the end all be all for Mahomes. The kind of Money Jones evidently wants would be better spent on a WR1

I’m aware they’re not interested in doing that I’m just saying

[dlphg9]

Originally Posted by DJ's left nut

I'm not paying him $27 million/season. He isn't worth it, the market doesn't support it and I'm making it damn clear that as an organization we will not negotiate with terrorists.

If Jones and his agents are the heads we have to put on spikes to make this crystal ****ing clear, so be it.

**** Jones. **** his agents.

Hold out. Retire. Do whatever the **** you want.

Asshole.

TJ Watt makes $28 mil/yr
Joey Bosa makes $27 mil/yr

You could argue that he's as valuable or even more valuable than either of those guys. He's damn sure more important to the overall play of the defense and has way more double teams and around the same amount of pressures. ****ing Nick Bosa is gonna get more than Donald, so I'd say the market definitely says he's worth. $27-$28 should more than get it done.

[Hammock Parties]

If this stops the repeat every one of you will be bitching.

[Hog's Gone Fishin]

Give the man 28 , 4 years and 100 guaranteed.

[Fishels]

Question here

Let’s say Chris sits out and Defense plays no worse without him. I know people are saying franchise tag and all that but what if we just parted with him?

What would you guys use that extra cash on? If anything at all right away?

Also just so you guys know I love football but I’m a total noob when it comes to contracts and franchise tag, trades etc etc. So I apologize if the questions sometimes sound very ignorant. I started watching Football about 7-8 years ago and I know the rules of the game but I’m not a know it all on the money stuff like a lot of you.

[Hog's Gone Fishin]

I just watched a video a couple hours ago , the Lions are rumored to wanting to trade for CJ




Maybe we trade him the day of the game ,so he's not able to play against us

[dlphg9]

Originally Posted by Chief Ten Beers

You are well known for being an absolute dipshit, so I feel no need to indulge you with further stimuli... go sleep in the corner, reerun

Oh going the DC route with the tap out.

You looked like a fool, so criticize the other poster and act like they're not worthy of your response. Just say you don't have anything to say instead of this "herpderp you're a dipshit and so I'm gonna call you a tard and not answer."

Really smart.

Really intelligent.

Really DC.

[Hog's Gone Fishin]

Originally Posted by Fishels

Question here

Let’s say Chris sits out and Defense plays no worse without him. I know people are saying franchise tag and all that but what if we just parted with him?

What would you guys use that extra cash on? If anything at all right away?

Also just so you guys know I love football but I’m a total noob when it comes to contracts and franchise tag, trades etc etc. So I apologize if the questions sometimes sound very ignorant. I started watching Football about 7-8 years ago and I know the rules of the game but I’m not a know it all on the money stuff like a lot of you.

Hey, there's NO SUCH THING AS A DUMB QUESTION.


















But there IS such a thing as dumb people asking questions.

[Simply Red]

Originally Posted by Fishels

Question here

Let’s say Chris sits out and Defense plays no worse without him. I know people are saying franchise tag and all that but what if we just parted with him?

What would you guys use that extra cash on? If anything at all right away?

I'd buy EVERYone on CP an L7 from Long John Silvers!!!

[BigRedChief]

Chiefs offered star DT Chris Jones to replace the $19.5 million he's due to earn in 2023 with $74 million over the next three years, per Mike Florio.

According to the report, of that amount, $70 million would be guaranteed for injury, with a lower amount fully guaranteed.

#Rams Aaron Donald's deal is 3-year $95 million, so offering $74M isn't exactly close to it.

Chirs Jones would take $84.5 million over three years, per Florio, if the Chiefs were to offer that.

Via: Dov Kleiman NFL Insider

[New World Order]

Originally Posted by Simply Red

I'd buy EVERYone on CP an L7 from Long John Silvers!!!

Would he do 1 year 1 mil with some LJS gift cards thrown in?????

[Jamie]

Originally Posted by BigRedChief

Chiefs offered star DT Chris Jones to replace the $19.5 million he's due to earn in 2023 with $74 million over the next three years, per Mike Florio.

This framing is bullshit, extensions are aways valued at the new money average. We aren't talking about a new 3 year deal, we're taking about a 2 year extension.

In a way this makes the holdout make more sense, if the whole crux of the argument is whether the existing contract should count or not. It's basically the Chiefs saying "we're not going to ignore your existing contract" and Jones saying "OH YEAH? I'LL SHOW YOU!"