We use cookies to offer you a better browsing experience, analyze site traffic, & serve targeted ads. By using our site, you consent to our use of cookies.

Quick Spots

 

Tim Duncan

Signed six contracts over his career.

    • 3 year / $10.24 million (Rookie contract)
    • 3 year / $31.9 million
    • 7 year / $122 million (exercised 2008-09 Player Option)
    • 2 year / $40 million (extension)
    • 3 year / $30.36 million (exercised 2014-15 Player Option)
    • 2 year / $10.85 million (retired prior to 2016-17 season but salary was guaranteed)

Highest Salary: $22,183,220 (2009-10 season)

Average Salary per 20 seasons played: $12,738,147

 

Kobe Bryant

Signed five contracts over his career.

    • 3 year / $3.5 million (Rookie contract)
    • 5 year / $56.225 million (exercised 2004-05 Early Termination Option to become free agent)
    • 7 year / $136.4 million (exercised 2010-11 Player Option)
    • 3 year / $83.5 million (included the rare no-trade clause)
    • 2 year / $48 million

Highest Salary: $30,453,805 (2013-14 season)

Average Salary per 20 seasons played: $16,165,615

 

Kevin Garnett

Signed six contracts over his career.

    • 3 year / $5.39 million (Rookie contract)
    • 6 year / $126 million (exercised 2004-05 Early Termination Option to become free agent)
    • 5 year / $100 million (traded to Boston; trade kicker activated)
    • 3 year / $51.3 million (signed extension part of MIN-BOS trade)
    • 3 year / $36 million (included rare no-trade clause; waived for BKN-BOS trade)
    • 2 year / $16.5 million (included rare no-trade clause; retired prior to 2016-17 season but salary was guaranteed)

Highest Salary: $30,417,829 (2007-08 season due to trade kicker bonus money)

Average Salary per 21 seasons played: $15,919,250

 

Year Tim Duncan Kobe Bryant Kevin Garnett
1 $2,967,840 $1,015,000 $1,622,000
2 $3,413,000 $1,167,240 $1,666,000
3 $3,858,240 $1,319,000 $2,109,120
4 $9,600,000 $9,000,000 $8,536,585
5 $10,230,000 $10,130,000 $16,806,300
6 $12,072,500 $11,250,000 $19,610,000
7 $12,676,125 $12,375,000 $22,400,000
8 $14,260,641 $13,500,000 $25,200,000
9 $15,845,156 $14,175,000 $28,000,000
10 $17,429,672 $15,946,875 $16,000,000
11 $19,014,188 $17,718,750 $18,000,000
12 $20,598,704 $19,490,625 $21,000,000
13 $22,183,220 $21,262,500 $30,417,829
14 $18,835,381 $23,034,375 $23,000,000
15 $17,034,937 $24,806,250 $14,665,110
16 $9,638,554 $20,318,738 $17,080,110
17 $10,361,446 $27,849,149 $15,691,186
18 $10,361,446 $30,453,805 $11,566,265
19 $6,000,000 $23,500,000 $12,433,735
20 $5,643,750
(retired/waived but earned)
$25,000,000 $12,000,000
21     $8,500,000
22     $8,000,000
(retired/waived but earned)
Total $242,024,800 $323,312,307 $334,304,240
Avg $12,738,147 $16,165,615 $15,919,250

 

NBA NBA Hall of Fame Tim Duncan Kobe Bryant Kevin Garnett

A "SuperMax" Extension or also known as the Designated Player rule allows for an NBA player to receive increased compensation based on certain criteria being met. The increased salary allows for the first year salary of the extension to be 30% or 35% of the designated league year cap based on credited experience and performance awards (All-NBA, Defensive Player of the Year or Most Valuable Player). Players are able to receive a yearly raise up to 8% of the first year salary.

A player who is signed to a Designated Player extension can only be signed from the end of the offseason moratorium through the last day before the regular season. Furthermore, being signed to this extension type means a player cannot be traded for one year after the extension has been signed.

Designated/"SuperMax" Extension Types

Designated Rookie Extension

Player is entering the 4th year of rookie scale contract, maximum salary starts at 25% of the cap (30% based on criteria below) with a maximum of six (6) years (which includes the remaining year on the current contract).

A player with fewer than seven (7) years of experience and mets the criteria for the 30% of the cap is said to be eligible for the "Derrick Rose Rule," name for Derrick Rose who won the MVP during his third season in the NBA.

Designated Veteran Extension

Player has 7 or 8 years of experience and has 1 or 2 years remaining on their current contract (all with with the same team or was traded during first four years in the NBA) and meets the criteria below is eligible for a maximum salary that starts at 35% of the cap with a maximum of six (6) years (which includes the remaining years on the current contract).

 

Who applies for this increase:

(A) Players finishing their rookie scale contract and other players having been credited with four (4) years of service can receive a starting salary up to 30% of the cap.

(B) Players finishing their rookie scale extension or other players having seven to nine (7-9) years of experience can receive a starting salary up to 35% of the cap.

 

At least one of the following must apply:

(A) Player was named to All-NBA First, Second or Third team in most reason season or both of the two seasons prior to the most recent season.

Based on 2021 offseason, player was named to any All-NBA team in 2020-21 OR was named to any All-NBA team in 2018-19 AND 2019-20.

(B) Player was named the Defensive Player of the Year (DPOY) in most reason reason or both of the two season prior to the most recent season.

Based on 2021 offseason, player was named to DPOY in 2020-21 OR was named as DPOY in 2018-19 AND 2019-20.

(C) Player was named Most Valuable Player (MVP) in any of the three most recent seasons.

Based on 2021 offseason, player was named as MVP in 2018-19, 2019-20 or 2020-21.

 

Supermax Extension Designated Player Extension Extension NBA

The deadline for NFL teams to decide on the 5th year option salaries for 2022 for all 2018 1st round selections is May 3rd. We'll track those decisions here.

Pick Team Player Pos. Option Value Exercised?
1 CLE Baker Mayfield QB $18,858,000 YES
2 NYG Saquon Barkley RB $7,217,000 YES
3 CAR Sam Darnold QB $18,858,000 YES
4 CLE Denzel Ward CB $13,294,000 YES
5 DEN Bradley Chubb OLB $12,716,000 YES
6 IND Quenton Nelson G $13,754,000 YES
7 BUF Josh Allen QB $23,016,000 YES
8 CHI Roquan Smith LB $9,735,000 YES
9 SF Mike McGlinchey RT $10,880,000 YES
10 ARI Josh Rosen QB N/A N/A
11 PIT Minkah Fitzpatrick S $10,612,000 YES
12 TB Vita Vea DT $7,638,000 YES
13 WAS Da'Ron Payne DT $8,529,000 YES
14 NO Marcus Davenport DE $9,553,000 YES
15 OAK Kolton Miller LT N/A N/A
16 BUF Tremaine Edmunds ILB $12,716,000 YES
17 LAC Derwin James S $9,052,000 YES
18 GB Jaire Alexander CB $13,294,000 YES
19 DAL Leighton Vander Esch LB $9,145,000 NO
20 DET Frank Ragnow C $12,657,000 YES
21 CIN Billy Price G $10,413,000 NO
22 TEN Rashaan Evans LB $9,735,000 NO
23 NE Isaiah Wynn T $10,413,000 YES
24 CAR D.J. Moore WR $11,116,000 YES
25 ATL Hayden Hurst TE $5,428,000 NO
26 ATL Calvin Ridley WR $11,116,000 YES
27 SEA Rashaad Penny RB $4,523,000 NO
28 PIT Terrell Edmunds S $6,753,000 NO
29 JAC Taven Bryan DT $7,683,000 NO
30 MIN Mike Hughes CB $12,643,000 NO
31 NE Sony Michel RB $4,523,000 NO
32 BAL Lamar Jackson QB $23,016,000 YES

A snapshot look at how much guaranteed cash each notable quarterback has on the contract currently. 5th year options for Josh Allen, Sam Darnold, & Lamar Jackson are due May 3rd, while any vested veteran will see their 2021 salary become fully guaranteed at Week 1. Please note that this differs from the total dead cap figure on a specific contract, as this is simply guaranteed future salary, not any bonus that's already been paid out. Also note that a few of these players have more guarantees that will lock in next March (Watson, Mahomes). 

 

The following table represents what a 10-day contract would be worth if a player signed with a team in regards to their actual salary and what their actual cap hit would represent.

10-day contracts are for a maximum of ten days or three games, whichever comes later.

Years EXP Salary CAP HIT
0 $61,528 $61,528
1 $99,020 $99,020
2 $110,998 $110,998
3 $114,990 $110,998
4 $118,983 $110,998
5 $128,963 $110,998
6 $138,945 $110,998
7 $148,926 $110,998
8 $158,907 $110,998
9 $159,698 $110,998
10+ $175,668 $110,998

Related Links:

10-Day Contracts

The NBA trade deadline has come and gone and over the course of the week, 20 notable moves were made across the league. Here's a team by team breakdown of players out, players in and both the cap and cash ramifications for each player. (Cap hit that moved, Cash remaining that moved)

 

Team 20-21 Cap Change 20-21 Cash Change
ATL +$0.5M +$.2M
BOS +$15.15M +$5.1M
BKN - -
CHA +$2.25M +$0.8M
CHI -$4M +$0.2M
CLE -$2.6M -$.923M
DAL -$1.4M -$.5M
DEN +$1.4M +$0.6M
DET +$3.6M -$1.3M
GSW -$4.5M -$1.5M
HOU -$1.8M -$0.1M
IND - -
LAC -$2.5M -$0.9M
LAL - -
MEM - -
MIA +$8.7M +$0.5M
MIL -$1.3M -$0.5M
MIN - -
NOP +$0.8M +$0.5M
NYK +$1.5M +$0.6M
OKC -$5.9M -$2.4M
ORL -$16.5M -$6M
PHI +$1M +$1.5M
PHX +$1.6M +$0.69M
POR -$0.8M -$0.2M
SAC -$2.1M -$1.4M
SAS +$1.8M +$0.65M
TOR -$2.2M -$0.8M
UTA +$1.5M +$0.54M
WAS -$1.5M -$0.7M

 

Atlanta Hawks

The Hawks sent PG Rajon Rondo to the Clippers for SG Lou Williams, two 2nd round picks, & cash considerations. It’s a big win for Rondo, and a small win for the Hawks, who pick up a few extra picks, and free up $7.5M of cap & cash in 2021-22. Williams is an expiring contract. The cash included in this deal likely matches the difference between Rondo & Williams this year ($200k).

IN ($8M cap, $2.8M cash)
Lou Williams (SG, $8M, $2.8M) - expiring

OUT ($7.5M cap, $2.6M cash)
Rajon Rondo (PG, $7.5M, $2.6M) - thru 21-22

 

Boston Celtics

The Celtics use a portion of their Gordon Hayward trade exception to acquire Evan Fournier from Orlando (still have $11M remaining, expiring 11/29/21). This plus a swap of big men with Chicago/Washington brings in over $15M of new cap, $5.5M of new cash to their season.

IN ($21.75M cap, $7.7M cash)
Evan Fournier (SG, $17.4M, $6.2M) - expiring
Mo Wagner (C, $2.1M, $770k) - expiring
Luke Kornet (C, $2.25M, $801k) - expiring

OUT ($6.6M cap, $2.6M cash)
Daniel Theis (C, $5M, $1.7M) - expiring
Jeff Teague (PG, $1.6M, $913k) - expiring

 

Brooklyn Nets

No movement.

 

Charlotte Hornets

Charlotte struck a last minute deal to acquire some point guard insurance with LaMelo Ball now on the shelf. It’s an expiring contract.

IN ($2.25M cap, $801k cash)
Brad Wanamaker (PG, $2.25M, $801k) - expiring

 

Chicago Bulls

The Bulls landed the biggest fish of the deadline in Vucevic, adding just over $4M of cap at the end of the day. Chicago stays basically cash neutral through the remainder of the season, thanks to cash considerations in their 3-team deal with Washington/Boston. The Bulls hold about $23M of practical cap space in the 2021-22 season.

OUT ($40M cap, $14.2M cash)
Otto Porter Jr. (SF, $28.4M, $10.1M) - expiring
Wendell Carter Jr. (SF, $5.4M, $1.9M) - thru 21-22
Chandler Hutchison (SF, $2.4M, $870k) - thru 21-22
Luke Kornet (C, $2.25M, $801k) - expiring Daniel Gafford (PF, $1.5M, $540k) - thru 21-22

IN ($44M cap, $14M cash)
Nikola Vucevic (C, $26M, $9.2M) - thru 22-23
Al-Farouq Aminu (PF, $9.7M, $3.4M) - thru 21-22
Troy Brown Jr. (SF, $3.3M, $1.2M) - thru 21-22
Daniel Theis (C, $5M, $1.7M) - expiring
$1.55M of cash considerations

 

Cleveland Cavaliers

Already inline to lose Andre Drummond via buyout, the Cavs let another big man off the hook at the deadline, sending McGee back to Denver for a young center and two 2nd round picks. Cleveland frees up $2.6M of cap space, and almost $1M cash in the deal.

IN ($1.6M cap, $577k cash)
Isaiah Hartenstein (C, $1.6M, $577k) - option thru 21-22

OUT ($4.2M cap, $1.5M cash)
JaVale McGee (C, $4.2M, $1.5M) - expiring

 

Dallas Mavericks

The Mavs get active late in the day, bringing in 3PT specialist JJ Redick out of New Orleans for James Johnson and a swap of forwards. The move actually frees up $1.4M of cap, and a half a million cash.

IN ($16.8M cap, $5.9M cash)
J.J. Redick (SG, $13M, $4.6M) - expiring
Nicolo Melli (PF, $3.8M, $1.3M) - expiring RFA

OUT ($18.2M cap, $6.4M cash)
James Johnson (PF, $16M, $5.8M) - expiring
Wesley Iwundu (SF, $1.6M, $597k) - thru 21-22

 

Denver Nuggets

The Nuggets made two big additions for their postseason run in adding Gordon from Orlando and McGee from Cleveland. They added about $1.4M of cap & $400,000 of cash allocations in the two moves, while relinquishing a 1st and 2 2nd round picks in the process.

IN ($24.3M cap, $8.6M cash)
Aaron Gordon (PF, $18.1M, $6.45M) - thru 21-22
JaVale McGee (C, $4.2M, $1.5M) - expiring
Gary Clark (PF, $2M, $712k) - thru 21-22

OUT ($22.9M cap, $8.2M cash)
Gary Harris (SG, $19.1M, $6.9M) - thru 21-22
RJ Hampton (PG, $2.2M, $781k) - thru 23-24
Isaiah Hartenstein (C, $1.6M, $577k) - option thru 21-22

 

Detroit Pistons

The Pistons swap PGs with the Kings, landing themselves a player with half the production, and $3.6M in additional cap. Sounds about right.

IN ($12.6M cap, $4.4M cash)
Cory Joseph (PG, $12.6M, $4.4M) - thru 21-22, non-GTD

OUT ($9M cap, $5.7M cash)
Delon Wright (PG, $9M, $5.7M) - thru 21-22

 

Golden State Warriors

The Warriors shed some cap and cash at the deadline, sending an expiring Chriss to San Antonio, and an extra PG to the Hornets who just lost LaMelo Ball. This drops their 2020-21 cash payroll to $169.5M, still tops in the league.

IN (No Impact)
Cady Lalanne (PF)

OUT ($4.5M cap, $1.5M cash)
Brad Wanamaker (PG, $2.25M, $801k) - expiring
Marquese Chriss (SF, $1.8M, $649k) - expiring

 

Houston Rockets

They had us thinking for a moment that he was staying, but Houston does indeed ship out Oladipo to Miami for an expiring big wing & a veteran PG with a team option in 2021-22. When factoring in last weeks deal sending P.J. Tucker to the Bucks, Houston frees up about $2M of cap, while staying basically cash neutral for the rest of the season.

IN ($28.9M cap, $11.2M cash)
Kelly Olynyk (PF, $12.2M, $4.7M) - expiring
D.J. Augustin (PG, $6.6M, $2.7M) - thru 22-23
Avery Bradley (PG, $5.6M, $2M) - option thru 21-22
D.J. Wilson (PF, $4.5M, $1.8M) - expiring RFA

OUT ($30.7M cap, $11.3M cash)
Victor Oladipo (SG, $21M, $7.4M) - expiring
P.J. Tucker (PF, $8M, $3.2M) expiring
Rodions Kurucs (SF, $1.7M, $719k) - option thru 21-22

 

Indiana Pacers

No Movement

 

Los Angeles Clippers

The Clippers will take a chance on playoff Rondo carrying them through the post season this year, sending a plateauing Lou Williams back home to Atlanta. LA frees up $2.5M of cap, & almost $1M of cash in these deals.

IN ($7.5M cap, $2.6M cash)
Rajon Rondo (PG, $7.5M, $2.6M) - thru 21-22

OUT ($10M cap, $3.5M cash)
Lou Williams (SG, $8M, $2.8M) - expiring
Mfiondu Kabengele (PF, $2M, $782k) - expiring

 

Los Angeles Lakers

No movement

 

Memphis Grizzlies

No movement

 

Miami Heat

While many had them pegged for Kyle Lowry, the Heat end up with Oladipo while keeping all of their talented youngsters (for now). These moves combine for $8.7M of new cap, but only a half a million more cash.

IN ($41M cap, $15.1M cash)
Victor Oladipo (SG, $21M, $7.4M) - expiring
Trevor Ariza (SF, $12.8M, $5.2M) - expiring
Nemanja Bjelica (PF, $7.15M, $2.5M) - expiring

OUT ($32.3M cap, $14.6M cash)
Kelly Olynyk (PF, $12.2M, $4.7M) - expiring
Meyers Leonard (C, $9.4M, $3.8M) - expiring
Avery Bradley (PG, $5.6M, $2M) - option thru 21-22
Maurice Harkless (SF, $3.6M, $1.3M) expiring
Chris Silva (PF, $1.5M, $540k) - option thru 21-22

 

Milwaukee Bucks

The Bucks did much of their trade work in the offseason, bringing in a little grit at the deadline in Tucker. The move actually clears $1.3M of cap, and a half a million cash

IN ($9.7M cap, $4M cash)
P.J. Tucker (PF, $8M, $3.2M) expiring
Rodions Kurucs (SF, $1.7M, $719k) - option thru 21-22

OUT ($11M cap, $4.5M cash)
D.J. Augustin (PG, $6.6M, $2.7M) - thru 22-23
D.J. Wilson (PF, $4.5M, $1.8M) - expiring RFA

 

Minnesota Timberwolves

No movement

 

New Orleans Pelicans

New Orleans sends Redick to a potential playoff team, while picking up an extra 2nd rounder in exchange for a $1M more of cap, and half a million more cash this season.

IN ($17.6M cap, $6.4M cash)
James Johnson (PF, $16M, $5.8M) - expiring
Wesley Iwundu (SF, $1.6M, $597k) - thru 21-22

OUT ($16.8M cap, $5.9M cash)
J.J. Redick (SG, $13M, $4.6M) - expiring
Nicolo Melli (PF, $3.8M, $1.3M) - expiring RFA

 

New York Knicks

The Knicks acquire two second round picks in exchange for a few expiring restricted free agents that could have a chance to stick. They added $1.5M of cap, and around $600k of cash in the process.

IN ($6.5M cap, $2.3M cash)
Terrance Ferguson (SF, $3.9M, $1.4M) - expiring RFA
Vincent Poirier (C, $2.6M, $932k) - expiring RFA
Emir Preldzic (SF)

OUT ( $5M cap, $1.7M cash)
Austin Rivers (PG, $3.5M, $1.2M) - non-g’teed the 22-23
Ignas Brazdeikis (SF, $1.5M, $540k) - option thru 22-23

 

Oklahoma City Thunder

What else is new? The Thunder shipped out two vets for expiring contracts, clearing $6M of cap, $2.5M of cash, and picking up 3 more 2nd round draft picks. As the sky is blue…

IN ($16.4M cap, $6.2M cash)
Meyers Leonard (C, $9.4M, $3.8M) - expiring
Austin Rivers (PG, $3.5M, $1.2M) - non-g’teed thru 22-23
Tony Bradley (C, $3.5M, $1.2M) - expiring RFA

OUT ($22.3M cap, $8.6M cash)
Trevor Ariza (SF, $12.8M, $5.2M) - expiring
George Hill (PG, $9.5M, $3.4M) - non-g’teed thru 21-22

 

Orlando Magic

The Magic sent 4/5 of their starting lineup out the door this week, clearing $16.5M of cap space and $6M of cash in the process. In addition to the players below, Orlando picks up a $17.15M trade exception in moving Evan Fournier to the Celtics. They also pick up 3 1st round picks, & 2 2nd rounders per their moves, and now hold $16M of practical cap space in the 2021-22 season.

IN ($56.7M cap, $20M cash)
Otto Porter Jr. (SF, $28.4M, $10.1M) - expiring
Gary Harris (SG, $19.1M, $6.9M) - thru 21-22
Wendell Carter Jr. (SF, $5.4M, $1.9M) - thru 21-22
RJ Hampton (PG, $2.2M, $781k) - thru 23-24
Jeff Teague (PG, $1.6M, $913k) - expiring

OUT ($73.2M cap, $26M cash)
Nikola Vucevic (C, $26M, $9.2M) - thru 22-23
Aaron Gordon (PF, $18.1M, $6.45M) - thru 21-22
Evan Fournier (SG, $17.4M, $6.2M) - expiring
Al-Farouq Aminu (PF, $9.7M, $3.4M) - thru 21-22
Gary Clark (PF, $2M, $712k) - thru 21-22

 

Philadelphia 76ers

The Sixers added about $1M of cap and cash respectively, and are taking a flyer on the injured George Hill as an experienced backcourt player for their postseason run. Nothing too fancy to see here.

IN ($11M cap, $4M cash)
George Hill (PG, $9.5M, $3.4M) - non-g’teed thru 21-22
Ignas Brazdeikis (SF, $1.5M, $540k) - option thru 22-23

OUT ($10M cap, $3.5M cash)
Terrance Ferguson (SF, $3.9M, $1.4M) - expiring RFA
Tony Bradley (C, $3.5M, $1.2M) - expiring RFA
Vincent Poirier (C, $2.6M, $932k) - expiring RFA

 

Phoenix Suns

The Suns added a depth forward about a week ago and nothing more since. They’re a sleeper for a buyout player or two as they prepare for a postseason run.

IN ($1.6M cap, $690k cash)
Torrey Craig (SF, $1.6M, $689k) - expiring

 

Portland Trailblazers

Portland gets another outstanding backcourt player, shedding $800k of cap and $200k of cash in the process. Things could get really expensive next year if they want to keep Powell though.

IN ($10.8M cap, $3.8M cash)
Norman Powell (SG, $10.8M, $3.8M) - option thru 21-22

OUT ($11.6M cap, $4M cash)
Gary Trent Jr. (SG, $1.6M, $592k) - expiring RFA
Rodney Hood (SF, $10M, $3.5M) - non-g’teed thru 21-22

 

Sacramento Kings

The Kings added 5 players this week, none whom are poised to move the needle too much, but they’re starting to show signs of piecing things together at last. The kicker? They cleared over $2M of cap space in the process.

IN ($17.6M cap, $8.3M cash)
Delon Wright (PG, $9M, $5.7M) - thru 21-22
Maurice Harkless (SF, $3.6M, $1.3M) expiring
Mfiondu Kabengele (PF, $2M, $782k) - expiring
Terence Davis (SG, $1.5M, $540k) - expiring RFA
Chris Silva (PF, $1.5M, $540k) - option thru 21-22

OUT ($19.7M cap, $6.9M cash)
Cory Joseph (PG, $12.6M, $4.4M) - thru 21-22, non-GTD
Nemanja Bjelica (PF, $7.15M, $2.5M) - expiring

 

San Antonio Spurs

The rare Spurs deadline deal didn’t exactly raise eyebrows, but San Antonio gets a young forward to get a look at for a few months at minimum cap and cash increase.

IN ($1.8M cap, $650k cash)
Marquese Chriss (SF, $1.8M, $649k) - expiring

 

Toronto Raptors

So they keep Lowry after all, but still lose a solid piece in Powell, freeing up about $2.2M of cap and $800k of cash in the process.

IN ($11.6M cap, $4M cash)
Gary Trent Jr. (SG, $1.6M, $592k) - expiring RFA
Rodney Hood (SF, $10M, $3.5M) - non-g’teed thru 21-22

OUT ($13.8M cap, $4.8M cash)
Norman Powell (SG, $10.8M, $3.8M) - option thru 21-22
Terence Davis (SG, $1.5M, $540k) - expiring RFA
Matt Thomas (SG, $1.5M, $540k cash)

 

Utah Jazz

The Jazz add a depth backcourt piece, but appear pretty content to make a deep postseason run with the unit they have.

IN ($1.5M cap, $540k cash)
Matt Thomas (SG, $1.5M, $540k cash)

 

Washington Wizards

Washington added a few players with term while freeing up $1.5M of cap space, and $700 in cash. Kind of a win win here for the Wizards.

IN ($3.9M cap, $1.3M cash)
Chandler Hutchison (SF, $2.4M, $870k) - thru 21-22
Daniel Gafford (PF, $1.5M, $540k) - thru 21-22

OUT ($5.4M cap, $2M cash)
Troy Brown Jr. (SF, $3.3M, $1.2M) - thru 21-22
Mo Wagner (C, $2.1M, $770k) - expiring

At $37.2M, Aaron Rodgers currently holds the belt for the highest cap hit in all of football for 2021. With rumors circulating about the Packers and he discussing a revamped contract to remedy this bloated figure, we’ll take a look at a few options.

Current Contract


Rodgers currently holds a 3 year, $73M contact with the Packers, with just the recently (assumedly) paid $6.8M roster bonus considered guaranteed. Setting aside this roster bonus leaves us with $15.2M of 2021 cash to deal with in terms of a restructure (a $14.7M base salary, & a $500,000 workout bonus).


A Potential Restructure

This restructure comes with a caveat: Does Aaron Rodgers want to be here for the foreseeable future, OR do the Packers want Aaron Rodgers around for more than a couple of years. These answers matter for a variety of reasons, but most importantly, what kind of restructure are we looking at: A restructure simply for current year cap purposes, or a restructure that includes new years, and new money to help satisfy the player down the road.

Based on pure speculation, we’re going to use the first answer for this exercise. 

The problem with Green Bay looking to free up 2021 cap space AND make this contract as tradable as possible in 2022 is that cap saved now must become cap gained next year. But with traded dead cap hits of $33.8M, $24.7M, & $19M taken on this year to Wentz, Goff, & Stafford respectively, it appears that the days of too much dead cap in order to gain cash freedom & draft capital are over. In other words, a little more dead cap next year probably doesn’t matter a whole lot to the Packers. 

Here’s the projected restructure:


As you’ll see, we’ve lowered the 2021 cap hit from $37.2M, down to $25M, a savings of $12.15M this year. At $22M, the cash compensation remains the same, though $14.125M of it has now been converted into a signing bonus. The $6.8M roster bonus is immovable because we’re assuming it’s already been paid out. 

Going forward, the 2022 league year now comes with a $2.8M increase in cap hit, but the same $25.5M of cash allocation. We’ve converted the $25M base salary into a league minimum $1.12M salary, with a $23.88M roster bonus, due early next March. This ensures any kind of trade will happen immediately (like the Wentz, Goff, Stafford moves did). 

Post 2022 is where things change a lot. We’ve removed the 2023 league year from this contract (as it was just fluff anyway), and added 3 “void years” to this restructure. This allows that $14.125M signing bonus in 2021 to prorate over the maximum 5 years, but also gives Rodgers more control over his destiny should he decided to stick it out in Green Bay through 2022. If Rodgers plays out 2022 then retires or hits free agency, the Packers will be left with an $11.3M dead cap hit in 2023.

So why not restructure this into a 1 year deal that expires after 2021? The Packers want to keep Rodgers a trade asset after the upcoming season, so it’s important that a real salaried year exists in 2022 to allow this to happen once the league year begins next March.

 

What If He Wants to Stay?

If the answer to the original “what kind of restructure is this?” Is an extension to keep him in Green Bay indefinitely, we’re looking at a much different breakdown here. Here’s a look at what notable QBs of late did at age 37 in respect to new contracts:

  • Ben Roethlisberger, 2 year, $68M new money extension (the final year of which was just restructured with a pay cut).
  • Drew Brees, 1 year $25M extension, including 3 void years. Brees ended up earning $45M over two years on this restructure, before re-upping again at age 39 (2 years, $50M).
  • Tom Brady, 3 years, $27M of which he saw 1 year, $13M. He’s since re-upped at 2 years, $41M, 2 years, $30M, 1 year, $23M, 2 years, $50M, & 1 year, $25M since age 37. Consistently earning between $23-$25M per year, but continuously keeping his cap hit (and availability) fluid.
  • Peyton Manning, 2 years, $34M with Denver at age 38. He saw 1 for $19M before retiring on top.
  • Philip Rivers, 1 year, $25M free agent contract at age 38 with Indy. He earned all $25M, and retired after the season. 

 

Conclusions

In other words, if Rodgers does want to make this restructure both about lowering his 2021 cap hit AND adding cash & years to his contract, the recent precedents are all over the place. Which path does Rodgers go down? His financial resume puts him more inline with Roethlisberger than the others, as Rodgers has been prone to “max out” both his contract length, and his upfront cash. Will that change as he hits the twilight of his career? Probably, but his performance in 2020 says it might not have to.


With that said, everyone associated with the NFL knows that this year is weird, next year will be better, and 2023 could be GLORIOUS - including Aaron Rodgers. Regardless of where his head is with the Green Bay Packers, he and every other player amidst contract negotiations right now should be aligning themselves with a chance to renegotiate in or around the 2023 league year, when cash and cap should strong than its ever been in league history. So a 2 year restructure, taking the 2023 year out of the way would also put Aaron in the drivers seat in this regard as well.

All said, this restructure won’t be just about lowering the Packers cap hit in 2021 - but will also tell a story about where his future may live. 



March 25, 2021

MIA receives: Marquese Chriss

GSW receives: Cady Lalanne (rights)

-----

MIA receives: Victor Oladipo

CHA receives: Avery Bradley, Kelly Olynyk, HOU right to swap 1st-round (Nets pick)

-----

GSW receives: TBD

CHA receives: Brad Wanamaker

-----

DAL receives: JJ Redick, Nicolo Melli

NOP receives: James Johnson, Wesley Iwundu, 2021 2nd-round pick

-----

SAC receives: Terrence Davis

TOR receives: two future 2nd-round picks

-----

ATL receives: Lou Williams, two future 2nd-round picks, cash

LAC receives: Rajon Rondo

2:30pm

-----

ATL receives: Lou Williams, two future 2nd-round picks, cash

LAC receives: Rajon Rondo

2:30pm

-----

UTH receives: Matt Thomas

TOR receives: future 2nd-round pick

2:10pm

-----

POR receives: Norman Powell

TOR receives: Gary Trent Jr., Rodney Hood

12:46pm

-----

PHI receives: George Hill, Ignas Brazdeikis

OKC receives: Tony Bradley, Austin Rivers, 2025 2nd-round pick, 2026 2nd-round pick

NYK receives: Terrance Ferguson

12:46pm

-----

MIA receives: Nemanja Bjelica

WAS receives: Mo Harkless, Chris Silva

12:40pm

-----

CHI receives: Troy Brown Jr, Daniel Theis, $1.3 million from BOS, $250k from WAS

WAS receives: Chandler Hutchison, Daniel Gafford

BOS receives: Mo Wagner, Luke Kornet

12:30pm

-----

DEN receives: Aaron Gordon, Gary Clark

ORL receives: Gary Harris, RJ Hampton, 2025 1st-round pick (protected)

12:28pm

-----

BOS receives: Evan Fournier

ORL receives: two 2nd-round picks

11:43am

-----

CHI receives: Nikola Vucevic, Al-Farouq Aminu

ORL receives: Otto Porter Jr., Wendel Carter Jr., 2021 1st-round pick (top-4 protected), 2023 1st-round pick

11:00am

-----

DEN receives: JaVale McGee

CLE receives: Isaiah Hartenstein, 2027 2nd-round pick (unprotected), 2023 2nd-round pick (top-46 protected)

10:23am

-----

SAC receives: Delon Wright

LAC receives: Cory Joseph, 2024 2nd-round pick (SAC pick), 2024 2nd-round pick (LAL pick)

12:26am

March 22, 2021

SAC receives: Mfiondu Kabengele, $2.7 million

LAC receives: future 2nd-round pick (heavily protected)

 

March 19, 2021

MIL receives: P.J. Tucker, Rodions Kurucs, 2022 1st-round pick

HOU receives: D.J. Augustin, DJ Wilson, 2021 2nd-round pick (HOU right to swap), 2023 1st-round pick (unprotected)

 

March 18, 2021

PHX receives: Torrey Craig

MIL receives: Cash considerations

 

March 17, 2021

MIA receives: Trevor Ariza

OKC receives: Meyers Leonard, 2027 2nd-round pick

Trade Deadline NBA Trade Deadline

 

DT Taco Charlton stays in Kansas City on a 1 year contract.

TE Chris Manhertz leaves Carolina to join the Jaguars on a 2 year, $7.25M contract. The deal includes $4.25M guarateed.

CB Chidobe Awuzie signs a 3 year contract with the Bengals

TE Hunter Henry leaves the Chargers on a 3 year, $37.5 million contract with the free-spending Patriots. 

CB Sidney Jones stays Jacksonville, who played on a league minimum salary in 2020.

TE Geoff Swaim returns to Tennessee on a 1 year deal. 

EDGE Von Miller had his $18M option for 2021 exercised by the Broncos. $7M of it is now fully guaranteed. Miller carries a $22M cap hit in the final year of his contract. Full Breakdown

DT Dalvin Tomlinson leaves the Giants on a 2 year, $22M contract with the Vikings. $16M is fully guaranteed. 

WR Chris Moore joins the Texans on a 1 year, $2M contract. 

OLB Kevin Pierre-Louis leaves Washington on a 2 year $8M contract in Houston. 

QB Jameis Winston stays in New Orleans on a 1 year, $5.5 million contract, with $7M of additional incentives. Full Breakdown

DE Carl Lawson joins the Jets pass rush on a 3 year $45M contract, $30M guaranteed, after 4 years with the Bengals.

OT Kendall Lamm signed a 2 year $6.8M contract with Tennessee, leaving Cleveland. The deal includes $3M guaranteed, all in 2021. Full Breakdown

OT Matt Feiler signed a 3 year $21M contract with the Chargers, leaving PIttsburgh

EDGE Bud Dupree signed a 5 year $82.5M contract with Tennessee that includes $35M guaranteed.

TE Cethan Carter joins the Dolphins on a 3 year $7.8 million contract, leaving Cincinnati. The deal includes $2.7M fully guaranteed, all in 2021. Full Breakdown

RB Devontae Booker leaves Las Vegas for the Giants on a 2 year, $6M contract.

QB Ryan Fitzpatrick finds his 9th home, joining Washington on a 1 year, $10M contract with incentives to take the deal up to $12M.

DE Henry Anderson finds a new home quickly, joining New England on a 2 year, $7M contract.

WR Corey Davis leaves Tennessee for the Jets, who give out a 3 year, $37.5M contract, $27M fully guaranteed through 2022. Full Breakdown

DT Austin Johnson stays with the Giants on a 1 year fully guaranteed $3M contract. Full Breakdown

DE Denico Autry leaves Indy for Tennessee on a reported 3 year, $21.5M contract that includes $9M guaranteed over the next two seasons. Full Breakdown

TE James Hurst stays in New Orleans on a 3 year $9M contract with $5M fully guaranteed. Full Breakdown

TE Rób Gronkowski returns to Tampa Bay on a 1 year, $8M contract with 4 additional void years for cap purposes. Full Breakdown

RB Carlos Hyde will share snaps with James Robinson in Jacksonville, on a 2 year, $4.5M contract, including $1.4M guaranteed. Full Breakdown

WR Phillip Dorsett makes his latest stop Jacksonville, terms undisclosed.

LS Jake McQuaide leaves the Rams to join Dallas on a 1 year contract

WR Nelson Agholor joins Bourne as another weapon heading to New England, on a reported 2 year, $22M contract.

WR Kendrick Bourne signs a reported 3 year, $22.5M contract to join the Patriots that includes $5.25M fully guaranteed, all in 2021. Full Breakdown

DT Vincent Taylor heads from Cleveland to Houston on a 1 year $2M contract

DT Carl Davis returns to New England on a 1 year contract

CB Ronald Darby leaves Washington for Denver on a 3 year, $30M contract, $19.5M fully guaranteed through 2022. Full Breakdown

ILB Joe Thomas heads across state, leaving the Cowboys to join the Texans on a 1 year $2M contract.

EDGE Leonard Floyd stays in Los Angeles, signing a 4 year $64M contract with the Rams

DE Dawuane Smoot signed a 2 year $14M contract to stay in Jacksonville

EDGE Yannick Ngakoue joins his 4th team, signing with the Las Vegas Raiders on a 2 year, $26M contract, $21M fully guaranteed at signing, including $13M in 2021. Full Breakdown

OT Cam Robinson signed his 1 year $13.754 million franchise tag with the Jaguars. 

OG Justin McCray joins the Texans on a 2 year, $4M contract that includes a $500,000 signing bonus. He spent 2020 with Atlanta. Full Breakdown

S Terrence Brooks leaves the Patriots on a 1 year $2 million contract to Houston, who are active with small, depth signings.

OG Rashod Hill stays in Minnesota on a 1 year $2.3 million contract, fully guaranteed. Full Breakdown

CB Michael Davis remains with the Chargers on a 3 year $25.2 million contract with just $10M fully guaranteed, all in 2021. Full Breakdown

DT Shelby Harris turns his 2020 prove-it deal into a 3 year, $27M contract with the Broncos, with $15M guaranteed. Full Breakdown

CB Cam Sutton stays in Pittsburgh on a 2 year, $9M contract. The Steelers needed value from their departing free agents and appear to have it here. Full Breakdown

DT Maliek Collins signs a 1 year, $5 million contract to join the Houston Texans. The deal includes $2M guaranteed. Full Breakdown

C Corey Linsley follows former Packers O-Lineman Bryan Bulaga to the Chargers on a 5 year, $62.5M contract. He becomes the highest average paid center in NFL history and will get $26M over the next two seasons. Full Breakdown

DE Deatrich Wise remains in New England on a 4 year $22 million contract, $10M fully guaranteed through 2022. Full Breakdown

LB Samson Ebukam joins the Niners on a 2 year $12M contract after four seasons with the Rams. The deal includes $5M guaranteed, all in 2021. Full Breakdown

OG Joe Thuney heads to the Chiefs via New England on a massive 5 year $80M contract with $48M practically guaranteed over the next three seasons. Full Breakdown

S John Johnson leaves the cap-congested Rams to join Cleveland on a 3 year, $33.75M contract that reportedly includes $24M guaranteed through 2022. Full Breakdown

LB Jalen Reeves-Maybin extends another season with the Lions on a 1 year, $2.3M deal, fully guaranteed. Full Breakdown

LB Jarrad Davis leaves Detroit after 4 seasons to join the Jets on a 1 year $5.5M contract, fully guaranteed. Full Breakdown

LS Chris Board continues a stretch of extensions for long snappers, signing a 1 year $2.6M deal to stay in Baltimore.

S Johnathan Ford heads east to Jacksonville after 4 years with Arizona, signing a 2 year $4.2M contract, $600,000 guaranteed. Full Breakdown 

WR Jamal Agnew leaves Detroit for sunny Jacksonville, signing a 3 year $14.25M contract with an out after year 1. Full Breakdown

CB Tremon Smith stays in Houston on a 1 year $1.13M contract, including $280,000 guaranteed. Full Breakdown

S Jalen Mills the Patriots continue to shop big, locking in a 4 year, $24M contract with the former Eagles DB. The deal comes with $9M guaranteed through 2022. Full Breakdown

DT Roy Robertson-Harris leaves Chicago for Jacksonville on a 3 year, $24.4M contract. 

EDGE Matt Judon joins the very active Patriots on a 4 year, $56M contract that includes $32M fully guaranteed.

CB Jason Verrett, remains with the 49ers on a 1 year, $5.5M contract. Full Breakdown

LB Kamu Grugier-Hill stays in Houston on a 1 year $2.5 contract Full Breakdown

WR Andre Roberts leaves Buffalo for Houston a 2 year, $5.5M contract that includes $2.5M fully guaranteed, all in 2021. Full Breakdown

DT Davon Godchaux leaves Miami for colder weather, joining the Patriots on a 2 year, max $16M contract that includes $9M guaranteed.

TE Jonnu Smith joins the Patriots via Tennessee on a 4 year, $50M contract that includes. $31.25M fully guaranteed per his agent. Smith becomes the 3rd highest average paid TE in the game with the deal.

OL Cam Erving leaves Dallas for the Panthers, who are loading up on their O-Line early on. The reported deal comes in at 2 years, $10M with $8M guaranteed. Full Breakdown

OL Pat Elflein joins the Panthers on a 3 year, $13.5M deal including $6M guaranteed. The former Jet becomes the first of what could be a busy offseason of moves for the Panthers.

OLB Markus Golden remains in Arizona, locking in a 2 year, $9M extension.

EDGE Shaq Barrett returns to the Buccaneers, agreeing to a 4 year $68M extension just before the negotiation period opens, including $36M fully guaranteed. The deal includes an $18M signing bonus, and a 2021 cap hit around $6M. Barrett can add another $1M per year with 15 sacks and a playoff berth. Barrett carried an almost $20M valuation, so a base $17M per year is a nice deal for Tampa. More details as they come in…

EDGE Romero Okwara returns to the Lions on a 3 year, $39M contract, who held a valuation just north of $10M in our system. It’s an exceptional raise for a player who peaked in his contract season in Detroit. 

OG Kevin Zeitler joins the Ravens on a 3 year, $22.5M contract, including $16M fully guaranteed through 2022. He was released by the Giants just 5 days prior. Full Breakdown

DE Mario Edwards stays in Chicago on a 3 year, $11.66M extension that includes $4.5M in 2021. Edwards had his best season to date in a platoon role for the Bears, & could see himself with more snaps from here out. Full Breakdown

OG Jon Feliciano becomes the latest Bills player to stick around, locking in a 3 year, max $17M contract. Additional details still pending…

RB Aaron Jones wasn’t franchise tagged, but he agrees to a 4 year, max $48M extension to stay in Green Bay nonetheless. The deal includes a reported $13M signing bonus in 2021.

FB Kyle Juszczyk extends his stay in San Francisco with a 5 year, $27M contract that includes $9.6M fully guaranteed at signing. The deal carries $5.4M cash in 2021 & a friendly $2.275M cap hit. Full Breakdown

K Dustin Hopkins stays in Washington on a 1 year, $2.4M extension that includes $1.8M fully guaranteed. Full Breakdown

TE Josh Hill quickly finds a new home after being ousted from New Orleans, signed a 1 year contract with Detroit. 

CB Emmanuel Moseley stays with the Niners, locking in a 2 year, $9.384 million extension. Full Breakdown

C B.J. Finney finds his way back to Pittsburgh after being released from the Bengals. It’s a 1-year deal.

QB Tom Brady signed a 1 year, $25M extension with the Buccaneers that guarantees him through age 45, while lowering his 2021 cap hit by $19M. Full Breakdown

CB Vernon Hargreaves returns to Houston on a 1 year contract. Terms have not been disclosed.

QB Cam Newton heads back to New England on a 1 year, $5.1M contract with $3.5M fully guaranteed, and plenty of ways to earn more. Full Breakdown

LB Christian Kirksey was released out Green Bay, but quickly finds work in Houston on a 1 year, $4.5M contract. Full terms not yet released.

CB Robert Alford stays in Arizona on a 1 year contract. Full terms not yet released.

LB Pernell McPhee signs a 1 year extension to remain in Baltimore.

C Tyler Shatley signs a 1 year extension to remain in Jacksonville

P Michael Palardy joins Miami on a 1 year deal after being released from the Panthers.

OT Daryl Williams stays in Buffalo on a 3 year, $24M contract that includes $9.4M fully guaranteed at sign. He’ll make almost $17M over the next two seasons. Full Breakdown

K Younghoe Koo becomes the first Falcons signing of the offseason, extending a 1 year contract in Atlanta.

K Cairo Santos signs a 3 year, $9M extension in Chicago that includes $3.5M this year before options. Full Breakdown

LB Matt Milano takes a hometown discount to remain in Buffalo, signing a 4 year $41.5M extension with the Bills that includes $20M fully guaranteed at signing. Milano will see $21.5M over the next two seasons. Full Breakdown

LB Tanner Vallejo stays in Arizona on a 2 year, $4.1M contract. 

RB Mark Ingram joins the Texans on a 1 year $2.5M contract including just $500,000 guaranteed. The Ravens released him mid-January. Full Breakdown

OG Brandon Scherff signed his 1 year $18 million franchise tag with Washington.

QB Brandon Allen signed a 1 year extension with Cincinnati

LS J.J. Jansen extends a 1 year contract with Carolina.

LB Lavonte David stays in Tampa Bay on a 2 year, $25 million extension that includes $17.5M guaranteed at signing, & a $7.7M cap hit in 2021. Full Breakdown

OT Taylor Moton signed his 1 year $13.754M franchise tag, making it fully guaranteed with the Panthers. The two sides have until July 15th to hammer out a multi-year extension.

QB Dak Prescott signed a 4 year, $160M extension to remain in Dallas, including $95M fully guaranteed at signing and $126M through 2023. Full Breakdown

LB Andre Smith signed a 2 year $2.4M extension to stay in Buffalo, including $300,000 fully guaranteed. Full Breakdown

RB Ty Montgomery stays in New Orleans on a 1 year, $1.1M contract. 

S Micah Hyde signed a 2 year, $19.25M extension with the Bills that includes $9.6M fully guaranteed at signing. Full Breakdown

DT Justin Ellis, extends 1 year with the Ravens. Terms undisclosed.

TE Ross Dwelley signed a 1 year $1.6M extension to remain with the 49ers, including $480,000 guaranteed. Full Breakdown

C Justin Britt signed a 1 year $3.2M contract to join the Texans after his release out of Seattle. The deal includes $500,000 guaranteed. Full Breakdown

DE Stephen Weatherly signed a 1 year, $2.5M contract to stay in Minnesota, including $500,000 guaranteed. Full Breakdown

SS J.T. Gray stays in New Orleans on a 2 year, $4M contract extension that includes $2M guaranteed. Full Breakdown

LS Trent Sieg signed a 3 year, $3M extension with the Raiders that includes a first year guarantee. Full Breakdown

WR Tyrell Williams finds a new home in Detroit after being ousted in Las Vegas on a 1 year heavily incentivized $4M contract. Full Breakdown

LS Clark Harris stays in Cincinnati on a 1 year, $1.2M contract with a $137k signing bonus. Full Breakdown

DE J.J. Watt bucks a lot of rumors signing a 2 year $31M contract with the Arizona Cardinals. The deal includes $20M fully guaranteed at signing. Full Breakdown

NFL Free Agency

Right of First Refusal: $2,133,000
Current team has the ability to match an offer sheet, but won't gain compensation if they fail to do so

Original Round Tender: $2,183,000
If an offer sheet is not matched, the losing team will gain a draft pick equal to where the player as originally selected

Second Round Tender: $3,384,000
If an offer sheet is not matched, the losing team will gain a second round pick from the acquiring team

First Round Tender: $4,766,000
If an offer sheet is not matched, the losing team will gain a first round pick from the acquiring team

Restricted Free Agent Tender Offer Sheet

With the 2021 league salary cap now set at $182.5M, these are the confirmed franchise & transition tag values per the NFL (a day late and a dollar short). Check out a complete historical look at franchise tags here

Confirmed Franchise Tags Offered in 2021

QB Dak Prescott, DAL, $37,690,800 (2nd tag, placeholder)
DE Leonard Williams, NYG, $19,351,200 (2nd tag)
OL Brandon Scherff, WAS, $18,036,000 (2nd tag)
WR Allen Robinson, CHI, $17,880,000 (120% of 2020 salary)
WR Chris Godwin, TB, $15,983,000
OL Cam Robinson, JAC, $13,754,000
OL Taylor Moton, CAR, $13,754,000
S Justin Simmons, DEN, $13,729,200 (2nd tag)
S Marcus Williams, NO, $10,612,000
S Marcus Maye, NYJ, $10,612,000

 

Non-Exclusive Franchise Tag Values

Position Value
Quarterback $25,104,000
Running Back $8,655,000
Wide Receiver $15,983,000
Tight End $9,601,000
Offensive Lineman $13,754,000
Defensive Tackle $13,888,000
Defensive End $16,069,000
Linebacker $14,791,000
Cornerback $15,060,000
Safety $10,612,000
Kicker/Punter $4,482,000

 

Transition Tag Values

Position Value
Quarterback $23,016,000
Running Back $7,217,000
Wide Receiver $14,340,000
Tight End $8,182,000
Offensive Lineman $12,657,000
Defensive Tackle $11,752,000
Defensive End $13,926,000
Linebacker $12,716,000
Cornerback $13,294,000
Safety $9,052,000
Kicker/Punter $4,068,000

 

 

Don't feel like reading? Watch a visual breakdown of this contract here.

 

Ranking the Contract Details

  • The $160M total value ranks 2nd to Patrick Mahomes' $450M in NFL history. While it's unlikely Mahomes actually sees all $450M of his, it's somewhat possible Dak plays out his full 4 seasons.
  • At $40M per year, Dak also ranks 2nd all-time behind Mahomes, though the contract is structured as $126M over the first 3 years, a historic $42M per season.
  • That $126M is practically guaranteed right now, and it ranks 2nd only to Mahomes' $141. The difference? Dak gets all of his in 3 years, while it will take Mahomes 5 years to get his $141M.
  • Of the $126M, $95M is fully guaranteed right now, an NFL record (surpassing Matt Ryan's $94.5M). The remaining $31M is injury guaranteed now, and becomes fully guaranteed on the 5th league day of 2022.
  • The $66M signing bonus is the highest in NFL history, topping Russell Wilson's $65M. Wilson's bonus payout was split over two seasons, while Dak will get all of his in the 2021 calendar year.
  • Speaking of, the $75M cash to be earned is the most Year 1 payout on a contract ever, surpassing Aaron Rodgers' previous high of $66.9M. Dak's $95M to be earned through Year 2 is $7M more than any other contract, topping Russell Wilson's $88M, & the $126M over three years is the most ever by a whopping $19M (Wilson, $107M). If he were to play out the full deal, the $160M earned over 4 years would top Russell Wilson's 4-year payout by $29M.

 

Breaking Down the Guarantees

As previously stated, Dak Prescott's new contract comes with $95M fully guaranteed at signing, most in NFL history. This is comprised of the $66M signing bonus, a $9M salary in 2021, & a $20M salary in 2022. The remaining $31M 2023 salary is (importantly) guaranteed for injury right now, and converts to fully guaranteed on the 5th league day of 2022, a year before it will be paid out. This all but ensures a $126M payout over the next three years, or $42M per year through the guaranteed portion of this contract. If Dak is still on this contract in March of 2024, a $5M roster bonus is due in the 5th league day.

 

The Cap Structure & Void Years

The Cowboys wanted a longer team contract in order to spread out the cap as much as possible, while also ensuring Dak would be under their control for as long as possible. Dallas compromised the latter, adding two void years to the back end of this 4 year contract to maximize the bonus proration. Signing bonuses are allowed to be prorated over a maximum 5 years, so the $66M bonus will account for $13.2M of salary cap each of 2021-2025. So why the additional void year in 2026? It appears the contract contains language that will automatically restructure Dak's fully guaranteed $20M salary for 2022 into a signing bonus. So here's how that might work:

Current Cap Hits
2021: $22.2M
2022: $33.3M
2023: $44.2M
2024: $47.2M
2025:$13.2M (dead cap)

Projected Cap Hits After the 2022 Restructure
2022: $18M
2023: $47.98M
2024: $50.98M
2025: $16.98M (dead cap)
2026: $3.78M

If Dak plays out the contract through 2024, then decides to test free agency in lei of signing an extension with Dallas, the Cowboys will take on an estimated $20.76M dead cap hit to see him walk away in the 2025 season.

 

Concluding Thoughts

You'll be hard pressed to find an NFL player who's ever had as much leverage as Dak Prescott did over the past few months. There are plenty of people out there (myself included) who feel this contract can be classifed as a better contract than what Patrick Mahomes signed with the Chiefs last year. While nobody will be crying for Mahomes as he surpasses the $200M earned mark somewhere down the road, Dak has ensured himself a life changing payday, while also retaining control of his destiny somewhere between the age of 31 and 32 years old, or the age that Matthew Stafford just left Detroit. This won't be the last we'll hear from Dak Prescott and contract negotiations, and with a reported $14 billion in new TV money right around the corner, the next version of this could be simply eye-popping.

 

 

Dak Prescott Dallas Cowboys Contract Breakdown

UPDATE (7:45 PM): Griffin has agreed to give back $13.3 million. Current reports state approximately $4.3 million was given back for the 2020-21 season and $8.7 million for the 2021-22 season. Furthermore, Detroit will not be using the stretch provision for the 2021-22 season and will be taking on the lump sum. Once more accurate details are provided per dollar amounts we will post another update.

 

Blake Griffin has agreed to a buyout with the Detroit Pistons; details of the buyout are still to be determined. Griffin had approximately $56.4 million in guaranteed salary remaining on at the time of his buyout. 

 

2020-21

Cap Hit: $36,810,996 (includes $215,000 from Trade Kicker when traded from LAC to DET)

Cash Total: $34,442,873 (Amount was reduced from $36,595,996 due to advanced payment at the beginning 2019-20 season and agreement between NBA and NBPA for salary reductions)

Cash Remaining Owed at Buyout: $17,542,972

 

2021-22

This was to be a Player Option, but is deemed guaranteed salary until player has declined the option.

Cap Hit: $38,957,028

Cash Total/Owed: $38,957,028

 

Now What?

Once Griffin has cleared waivers on March 7 (Sunday) @ 5PM he is free to sign with another NBA team. Griffin will most likely sign at the veteran minimum which would be for $1,229,676 cash and $776,983 cap hit (if signed on Mar 8, 2021).

Depending on the agreement between Detroit and Griffin, Detroit could take a lump sum cap hit in 2021-22 season or stretch owed cap hit for the 2021-22 over three years.

 

All-Time Single-Year Dead Cap thru 2020-21 Season

  1. Blake Griffin (2020-21):  $36,810,996
  2. Carmelo Anthony (2018-19):  $25,534,253
  3. Chandler Parsons (2019-20):  $25,102,511
  4. Joe Johnson (2015-16):  $21,894,863
  5. Amar'e Stoudemire (2014-15):  $20,910,988

 

Blake Griffin Detroit Pistons Dead Money

A financial breakdown of the 2021 NBA All-Star Teams drafted by LeBron James and Kevin Durant.

Team LeBron 2020-21 Cap Hit   2020-21 Cap Hit

Team Durant 

  $147,345,385 Starters $136,030,355  
LeBron James, LAL (Captain) $39,219,565   $33,460,350 Kyrie Irving, BKN (2)
Giannis Antetokounmpo, MIL (1) $27,528,088   $29,542,010 Joel Embiid, PHI (4)
Stephen Curry, GSW (3) $43,006,362   $34,379,100 Kawhi Leonard, LAC (6)
Luka Doncic, DAL (5) $8,049,360   $28,751,775 Bradley Beal, WAS (8)
Nikola Jokic, DEN (7) $29,542,010   $9,897,120 Jayson Tatum, BOS (9)
  $210,055,779 Reserves $150,563,701  
Damian Lillard, POR (11) $31,626,953   $41,254,920 James Harden, BKN (10)
Ben Simmons, PHI (13) $30,559,200   $29,467,800 Devin Booker, PHX (12)
Chris Paul, PHX (15) $41,358,814   $10,245,480 Zion Williamson, NOP (14)
Jaylen Brown, BOS (17) $23,735,119   $19,500,000 Zach LaVine, CHI (16)
Paul George, LAC (19) $35,450,412   $18,900,000 Julius Randle, NYK (18)
Domantas Sabonis, IND (21) $19,800,000   $26,000,000 Nikola Vucevic, ORL (20)
Rudy Gobert, UTH (23) $27,525,281   $5,195,501 Donovan Mitchell, UTH (22)
  $357,401,164 Totals $286,594,056  
  $29,783,430 Average $23,882,838  

 

All-Star Game Team LeBron Team Durant

Ben Roethlisberger entered 2021 with the highest cap number in all of football, a whopping $41.25M in the final year of his contract with the Steelers. After the decision was made for Ben to return, the focus became lowering that cap hit. Here’s how Pittsburgh did just that.

 

Pre-Existing Dead Cap

Whenever a player is extended out of an existing contract, any bonus proration that hasn’t yet hit the salary cap must transfer to the new deal. In Ben’s case, this meant the $12.5M of signing bonus proration, & the $9.75M of restructure bonus proration - a total of $22.25M. This bonus proration is 100% inflexible, meaning the full $22.25M must live in the 2021 league year of the new contract. If the current contract has multiple years remaining each with bonus proration the new contract must mimic the old in terms of this pre-existing dead cap. 

Note: Any dead cap associated with a guaranteed salary or roster bonus must also transfer to the new contract, but it can be structured as needed. Often times these guarantees are converted into a new signing bonus.

 

The New Contract Structure

With the pre-existing dead cap already in place, the only way for the Steelers to clear cap space is to utilize a new signing bonus, with multiple years to spread the cap out across. Since 39 year old Ben isn’t inline for a true 5 year contract, the use of void years is the best way forward for Pittsburgh, despite the fact that they’ve refused to use them in the past.

 

Cash Compensation

The minimum salary for a player of 7 years or more experience in 2021 is $1.075M. This is the base compensation Ben will earn throughout the course of the season. In addition, Pittsburgh gave him a $12.925M signing bonus, for a total of $14M - $5M less than he was previously scheduled to earn.

 

Cap Structure

The new contract is a 1 year deal, with 4 additional void/dummy years tacked on to allow the signing bonus to prorate over the maximum 5 years. This frees up as much cap space as possible in the 2021 league year. The Steelers end up saving $15.34M of cap for the 2021 season by extending Ben Roethlisberger.

 

What Happens After 2021?

The contract will automatically void prior to the start of the 2022 league year, with a $10.34M dead cap hit leftover for Pittsburgh to take on at that point. The $10.34M is the sum of the 4 remaining signing bonus prorations all accelerating into 2022, as if it were a Pre June 1st release. However, if Ben & the Steelers decide it’s not yet the end of the road after this season, an extension can be negotiated prior to the void that will stop the bonus proration from accelerating. This new extension would then transfer over the 2022-2025 void structure, meaning only $2.585M of pre-existing cap in 2022, a much easier place to start for the Steelers.

 

Steelers Ben Roethlisberger Void/Dummy Years Dead Cap

How much do the players selected to the All-Star Game, Rookie-Sophomore Game, and All-Star Skills competition make?

 

All-Star Game

Winners: $50,000 per player

Losers: $25,000 per player

 

Rookie-Sophomore Game

Winners: $25,000 per player

Losers: $10,000 per player

 

All-Star Skills Competition

Slam Dunk

1st Place: $100,000

2nd Place: $50,000

3rd Place: $20,000

4th Place: $20,000

 

Three-Point Shootout

1st Place: $50,000

2nd Place: $35,000

3rd Place: $25,000

4th Place: $10,000

5th Place: $10,000

6th Place: $10,000

 

Skills

1st Place: $50,000

2nd Place: $35,000

3rd Place: $15,000

4th Place: $15,000

 

Shooting Stars

1st Place: $60,000

2nd Place: $45,000

3rd Place: $24,000

4th Place: $24,000

 

NBA All-Star Game All-Star Skills

There's likely nothing more frustrating to the average NFL fan than trying to understand just how "guaranteed" a player's contract actually is. Unfortunately, the way this is communicated regularly adds to the confusion. Here's a quick breakdown to hopefully help uncover some of the concerns.

Guaranteed at Signing

There's no better place to start with a contract breakdown than this value, as it tells the story of the cash a player will 99.9% earn on the deal. Why not 100%? If a player is suspended for conduct, or has a non-football related injury that keeps him from honoring the contract, teams can void guarantees, or recoup already paid signing bonus. For most multi-year contracts in the NFL, guaranteed at signing will include an initial signing bonus, and any salary or roster bonus due in that first season. For some, the 2nd year salary will also be included in this metric. 

Future, but Practical Guarantees

"Ok, so if i just look at the Guaranteed at Signing value, I'll know everything I need to know". Not necessarily. The reason we show two values for guaranteed money within a contract is that often times, future guarantees kick in a year (or even two) early. This is the "Guaranteed Mechanism" buzz phrase you certainly heard plenty about after Patrick Mahomes' contract was signed. 

For instance, let's say a player has $15M fully guaranteed at signing, a bonus, a first year salary, and a second year salary. However, the player's 3rd year salary becomes fully guarantees in March of the 2nd year. This is what we classify as a "practical" guarantee, as it's not at all likely that the player will be released out of his contract before that 3rd year salary guarantee kicks in. This is very often also the case for a roster bonus in year 2 or 3 that isn't fully guaranteed at signing, but because it becomes guaranteed or payable in early March, has a practically of earning to it. 

Full vs. Injury Guarantees

Lastly, the different between a full guarantee, and a guarantee for injury is very important. Any salary or bonus that is deemed "fully guaranteed" will be paid out to the player regardless of status (with the exception of the suspension or non-football injury as described above). An injury guarantee is simply an insurance policy in the event that a player suffers a football related injury that doesn't allow him to pass a physical once the salary becomes applicable. 

Odell Beckham Jr.s 2021 salary is the latest example of an injury guarantee vesting. When OBJ tore his ACL in 2020, nearly $13M of his 2021 salary became essentially vested, as it holds the injury guarantee insurance on it. 

Very often, any "practical" guarantees that are not "fully guaranteed at signing" are deemed "injury guarantees" at the beginning of a contract. Those injury guarantees convert to full guarantees on specific days built into the language of the deal (often one of the first 5 days of a respective league year).

 

Guaranteed at Signing Injury Guarantees Practical Guarantees

The following releases have been reported:

 

Henry Anderson, DE (NYJ)

The Jets clear $8M of 2021 cap space by moving on from Anderson, who earned $17.5M of his 3 year, $25.2M contract signed back in 2019. 

 

Kyle Rudolph, TE (MIN)

After 10 strong seasons & $50M earned in Minnesota, Rudolph will hit the open market, leaving behind $4.35M of dead cap, but freeing up $5.1M of space.

 

Kyle Van Noy, ILB (MIA)

Van Noy's release has yet to be made official as the Dolphins attempt to trade him at the last minute, but it seems inevitable that the former Pat will be one and done in Miami. He'll earn just $15M of the $51M free agent contract signed last March, leaving behind $4.125M of dead cap, while freeing up $9.775M of space.

 

Buster Skrine, CB (CHI)

The Bears have reported that this move is "pending" which could mean they'll designate him a Post June 1st release on March 17th. If so, they'll carry his $6M cap hit until June 2nd, after which they'll take on dead cap hits of $1.1M in 2021, & $2.2M in 2022, freeing up $4.9M of space for the upcoming season.

Cap Casualties Post June 1st

While MLB Free Agency isn't what it once was, sizable contract extensions for young players is now the latest trend. This offseason, there may not be a more loaded position group than the shortstops, many of whom are currently in discussion for a new deal with their respective team. A quick look at the current list of extension candidates, and their projected valuation based on previous two year production (Spoiler: They're all very close).


Carlos Correa (26, Astros)
Currently Projects to 6 years, $106M

Bo Bichette (23, Blue Jays)
Currently Projects to 6 years, $36M

Dansby Swanson (27, Braves)
Currently Projects to 6 years, $116M

Javier Baez (28, Cubs)
Currently Projects to 6 years, $113M

Corey Seager (26, Dodgers)
Currently Projects to 6 years, $126M

Francisco Lindor (27, Mets)
Currently Projects to 8 years, $226M

Trea Turner (27, Nationals)
Currently Projects to 5 years, $103M

Trevor Story (28, Rockies)
Currently Projects to 6 years, $128M

Adalberto Mondesi (25, Royals)
Currently Projects to 6 years, $105M

Gleyber Torres (24, Yankees)
Currently Projects to 6 years, $83M

Shortstops MLB Houston Astros Atlanta Braves