Jason Peters? The Eagles gave him big money on Wednesday. Riley Cooper? The Eagles ponied up and gave him good money on Thursday. Jason Kelce? The Eagles threw pretty big money at him. Seems to be a good time to be an Eagles player in need of a new contract.
The Eagles offered me an extension, but we’re still negotiating. The amount is going to be 2 cases of PBR. The holdup is bottles vs cans. My agent and I feel that I’m worth the bottles.
I really do like the fact the Eagles are spending money on their own players. The best teams develop and keep their own players. The key to making that system work is drafting the right guys and then developing them into the kind of players you want to keep. Think about what the Eagles did today. They gave big money to a 5th round pick from 2010 and a 6th round pick from 2011. That’s pretty darn impressive.
The contracts the Eagles gave to offensive tackle Jason Peters on Wednesday and center Jason Kelce and wide receiver Riley Cooper on Thursday include a total of $13 million in guaranteed components for Kelce, $19.55 million guaranteed for Peters and $10 million guaranteed for Cooper.
Kelce’s deal makes him the NFL’s third-highest-paid center, behind only Ryan Kalil of the Panthers ($8.186 million average per year) and Nick Mangold of the Jets ($7.725 million average).
The three deals are worth a combined $109,698,000. More than a tenth of a billion dollars.
The combined cap hits come out to $12,714,358 in 2014, $17.55 million in 2015, $19.8 million in 2016, $22.45 million in 2017, $24 million in 2018, $6.5 million in 2018 and $7 million in 2019.
Of the $42.55 million in guaranteed money the Eagles committed to in these three deals, more than half is this year.
The guaranteed money comes out to $24.148 million this year, $13.8 million in 2015 and $4.602 million in 2016. There are no guaranteed components in any of the deals beyond 2016.
All of which gives the Eagles plenty of flexibility beyond 2015, despite the huge amounts of money in these deals. If they wanted, they could get out from under any of the deals in just two years. There would be cap hits but little guaranteed money to worry about.
Go check out the link to see the year-by-year details for the deals.
The Eagles didn’t overpay for Cooper or Kelce. They gave fair market value. That’s important. While you want to keep your own players, you can’t just throw money at them. I was listening to a radio station discussing the Carolina Panthers today. Apparently former GM Marty Hurney did a poor job of negotiating with his own players. He overpaid players because he had a personal relationship with them. Carolina has some cap issues and has even discussed releasing WR Steve Smith.
Howie Roseman learned from Joe Banner and that certainly doesn’t involve overpaying. You keep business and personal feelings separated. Banner was too obsessed with getting maximum value. Roseman has done a better job so far of balancing value and being reasonable.
Roseman will need good negotiating skills to get the Jeremy Maclin deal done. Today’s reports say that Maclin is looking for a one-year deal and the Eagles are hoping for multiple years. Mac wants to prove he’s back this year and then get a mega-deal next offseason. The Eagles would love to get him at a reasonable rate for a couple of years. Both sides want to work something out, but they need to find a deal that works for both sides.
Roseman has called the receiver situation complicated, noting that the team wants to hold onto their own but “you can only put a limited amount of resources at a particular position before it starts taking out from other places.” He talked of establishing walkaway numbers with both Cooper and Maclin to ensure that they did not have to shortchange other positions on the roster. They established a number that they felt comfortable paying Cooper, were able to negotiate their way into that comfort zone, and pulled the trigger. Time will tell if it was money well spent.
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Not all news is so good.
— Adam Caplan (@caplannfl) February 27, 2014
Avant's role decreased quite a bit last season, so the move isn't exactly a surprise. He's one of the classiest players from the Reid era.
— Adam Caplan (@caplannfl) February 27, 2014
Avant's $1M roster bonus is due on 3/15. They'll save $3.25 M once he's released.
— Adam Caplan (@caplannfl) February 28, 2014
Avant will get picked up by another team. He can still be a solid slot receiver for a team that is focused on having a possession receiver to work the middle of the field. I hope Riley Cooper gives him a huge hug and heartfelt “thank you”. Without Avant, I don’t know that Cooper would have stayed with the Eagles, let alone had a breakout year and gotten a new deal.
I’ll miss Jason, but it is time for change. That’s just life in the NFL.