Michael Ginnitti, Co-Founder/Editor Spotrac, your source for NFL, NBA, MLB, NHL, MLS, EPL, WNBA team & player contracts, payrolls, salary cap breakdowns, etc..
Antonio Brown needed:
8 more catches to unlock a $333,333 bonus.
He also needed 55 receiving yards to unlock another $333,333 bonus.
He also needed just 1 receiving TD to unlock another $333,333 bonus.
This was a costly outburst.
FWIW: $15M of Tom Brady’s $20M signing bonus from last March is set to be paid out February 4th, 2022. Seems like something a guy or gal would want to have process before making any life changing career decisions official.
The
#Patriots
lost or let go...
WR1 Antonio Brown
WR3 Josh Gordon
FB James Develin
TE1 Rob Gronkowski
LT Trent Brown
OC David Andrews
EDGE Trey Flowers
DT Malcolm Brown
K Stephen Gostkowski
P Ryan Allen
…and still won 12 games.
Love or hate, it’s been an incredible 20 years.
Antonio Brown’s $1M signing bonus was actually two $500,000 workout bonuses that required he attend at least 85% of the offseason program. He didn’t, so he’s already lost $500k. If he’s released prior to Week 1, he’ll leave Oakland with $0 cash earned, & $0 dead cap.
Where you land matters. Estimated after tax net rookie contracts for the Top 5
#NFL
selections.
Trevor Lawrence, FL
$36.8M -> $21.9M
Zach Wilson, NY
$35.1M -> $17.5M
Trey Lance, CA
$34.1M -> $16.1M
Kyle Pitts, GA
$32.9M -> $18.1M
Ja'Marr Chase, OH
$30.8M -> $16.6M
Cam Newton had 1 yr, $19.1M, non-guaranteed left on his deal.
- released not traded
Andy Dalton had $17.7M, non guaranteed left on his deal.
- released not traded
Nick Foles had nearly $21M fully guaranteed left on his deal.
- traded for a 4th round pick
With his All-Pro selection Richard Sherman has now earned $4M of incentives in 2019 ($1M for the Pro Bowl, $1M for 90% snaps, & $2M for the All-Pro team). He raked in nearly $13M in 2019.
It’s a big day for
#Rams
QB Jared Goff, who will have his $21M roster bonus paid, while another $43M of future salary & bonus becomes fully guaranteed. He now holds a whopping $94M dead cap figure for 2020.
#stability
The
#Saints
have now freed up $80M of cap space over the past few weeks without outright releasing a single player from their signed roster.
The cap isn’t fake, but it’s mighty fluid.
The
#Buccaneers
bring back Chris Godwin, Leonard Fournette, Lavonte David, Shaq Barrett, Rob Gronkowski, & Ndamukong Suh at a projected $33.25M of combined 2021 cap, or $600,000 less than the
#Eagles
dead cap hit for
#Colts
QB Carson Wentz.
A Tale of Two Stories…
AFC Pro Bowl QBs (AAV)
→ Patrick Mahomes: $4.1M
→ Deshaun Watson: $3.4M
→ Lamar Jackson: $2.3M
= $9.8M
NFC Pro Bowl QBs (AAV)
→ Russell Wilson: $35M
→ Aaron Rodgers: $33.5M
→ Drew Brees: $25M
= $93.5M
The
#Patriots
will now roll with Antonio Brown, Josh Gordon, Philip Dorsett, & Julian Edelman at a combined $16.5M of 2019 cap going forward…
Odell Beckham Jr.’s 2019 cap hit is $17M.
The Bears are on the clock.
The Commanders have $80M+ cap space.
The Saints have -$80M+ cap space.
Deshaun Watson holds a $64M cap hit.
Chris Jones is a pending free agent.
And the 49ers are the SB LIX favorite.
Welcome to the NFL Offseason
The
#Ravens
2020 QB & playmakers account for just $20M of combined cap.
QB Lamar Jackson
RB Mark Ingram
RB JK Dobbins
WR Marquise Brown
WR Devin Duvernay
WR Miles Boykin
TE Nick Boyle
Brutal
S. Barkley, ACL
N. Bosa, ACL
S. Thomas, ACL
M. Hooker, heel
R. Mostert, knee
P. Campbell, knee
B. Linder, knee
J. Garoppolo, ankle
B. Perriman, ankle
C. McCaffrey, ankle
D. Lock, shoulder
A. Barr, shoulder
S. Shepard, toe
C. Akers, rib
D. Adams, hamstring
B. Jones, groin
Postseason QB Salary Rankings
7. D. Brees, $25M
8. A. Luck, $24.5M
11. R. Wilson. $21.9M
14. P. Rivers, $20.8M
21. T. Brady, $15M
25. M. Trubisky, $7.2M
26. J. Goff, $6.9M
31. Foles, $5.5M
37. P. Mahomes, $4.1M
39. D. Watson, $3.4M
69. D. Prescott, $680k
44. L. Jackson, $2.3M
The Washington Football Team are sending out a QB1, RB1, RB2, WR1, WR2, WR3, WR4, TE1, & TE2 for the Wild Card Round that combine for just $10.1M of cap this season.
If
#Eagles
fans are angry now, wait until Frank Reich pulls a Doug Pederson and sits Carson Wentz every 3rd quarter to ensure the 2022 pick remains a 2nd round pick, not a first.
Antonio Brown was 28 catches, 255 yards, & 3 TDs away from the $2M of incentives he asked the
#Buccaneers
to fully guarantee last week (
@AdamSchefter
).
He was targeted more times per game this year (9.5) than last year (7.75).
He missed 10 weeks due to injury & suspension.
Lionel Messi’s 4 year, $674M contract with Barcelona officially expires today, fueling speculation that his 20 year run with the club could be coming to an end. While negotiations have been in motion, Messi will technically be able to negotiate elsewhere starting tomorrow.
March of 2021
Aaron Jones signs a 4 year, $48M contract with GB including $13M guaranteed.
March of 2024
Josh Jacobs signs a 4 year, $48M contract with GB including $12.5M guaranteed.
The RB market in a nutshell.
The
#Dolphins
acquired two new 1st round picks & a 1st round pick swap in handing the
#49ers
the
#3
overall slot for QB Trey Lance.
Miami turned that haul into:
WR Tyreek Hill
WR Jaylen Waddle
OLB Bradley Chubb
The
#Bears
…
are paying TE Trey Burton $3.1M this year to play for the
#Colts
.
are paying TE Jimmy Graham $9M this year to replace him.
have 8 additional TEs on their roster at a combined $10.3M.
For the first time in Spotrac history, our market valuation tool calculated a player to earn more than $500M on his next contract.
22-year-old
#Nationals
OF Juan Soto currently projects to a 15 year, $503M extension.
You’ll be hard-pressed to find a better use of $10M in the
#NFL
this season than:
QB Patrick Mahomes ($1.2M)
RB Kareem Hunt ($584k)
WR Tyreek Hill ($687k)
TE Travis Kelce ($7.9M)
...but that’s what it costs the
#Chiefs
(for now).
The reality here is that the offseason drama is likely enough for the
#Raiders
to void the $29M of salary guarantee. They can also go after the $1M signing bonus based on missed practices, etc… meaning Antonio Brown could then be released with $0 dead cap.
Peyton Manning was 35 yrs old when the
#Broncos
gave him $58M guaranteed after an extensive neck fusion procedure.
Cam Newton is 31 years old & has certainly had his share of injury, but $550k guaranteed is robbery.
Jadeveon Clowney’s Contract
- $8M base
- $7M fully guaranteed
- 4 void years
- $3.6M 2022 dead cap
#Browns
Cap Hit
2021: $3.8M
Cleveland adds Clowney, John Johnson, Troy Hill, Malik Jackson, Tak McKinley at less than $15M of 2021 cap
Full Breakdown:
Chris Jones started 2023 with $21.25M to be earned ($20M base + $1.25M incentives).
He now carries a $16.4M net base (factoring $2.1M lost due to fines), with $6.75M more possible ($3.75M likely).
All this for a chance to earn $1.8M more this year.
We've had better holdouts.
The
#Texans
:
Are paying $7M of Jadeveon Clowney’s
#Seahawks
salary.
Are paying $7.5M to free agent Aaron Colvin.
Paid $2.25M to Matt Kalil for the summer.
Have 0 firsts and 1 second round draft picks over the next two years.
TRANSLATION:
A 1 year, $12.159M restructure contract with 4 voidable years to spread out a $9.6M signing bonus. The new deal carries an $8.4M cap hit, clearing $7.44M of space for the
#Saints
.
Saints are restructuring QB Taysom Hill’s contract to create cap room. Details are great: it’s a 4-year, $140 million contract extension - but all years are voidable and it’s a mechanism to free up cap space this year, per source. It saves Saints over $7.5M against cap this year.
The "cap isn't real" comments are getting old.
A hell of a lot of incredible athletes lost jobs these past few weeks because of non-guaranteed contracts & a hard-cap structure.
The NFL is one of the most brutal business leagues in America because of the cap. Period.
Wentz has 4 years, $100M left on the deal - but practically speaking - only 2 years, $47M. If the Eagles end up paying the $10M roster bonus next March, then trade him after June 1st, this means 2 years, $37M ($30M guaranteed) to the new team.
It’s a "tradable" contract.
While questions have persisted about what the Eagles will do with Carson Wentz, the more appropriate question might be what Carson Wentz will do with the Eagles. Sources believe Wentz is not pleased with recent events there.
On his previous 6 year contract, Von Miller got $70M guaranteed, $42M at signing.
His 6 year contract with the
#Bills
contains $52M guaranteed, $32M fully guaranteed at signing.
It appears to be a 3 years, $53M deal for practical purposes.
The 2017
#Packers
went 3-8 after Aaron Rodgers suffered his season ending collar bone injury.
Nobody tried to run the team out of town because Brett Hundley wasn't a viable QB for them.
Why is there so much anger that the Jets without Rodgers are a mess. This is how it works.
From 2015-19,
#MLB
revenue jumped from $8.2B to $10.7B, a 30% increase.
From 2015-19, the average player salary decreased from $4.45M to $4.17M, while the median fell from $1.65M to $1.15M.
Of the 1,400+ players who accrued a day of 2021 service time, 41% earned less than $1M.
Dear Everyone,
99% of
#NFL
contract restructures are NOT pay cuts.
Most offer the same cash payout, with a simple adjustment of salary cap to help the team in the current season.
Some actually pay the player MORE with added bonus or incentives.
Love,
Mike
The
#Bills
2020 QB & playmakers will account for $36M of combined cap. It’s a young, cheap, talented crew.
QB Josh Allen
RB Zack Moss
RB Devin Singletary
WR Stefon Diggs
WR John Brown
WR Cole Beasley
TE Dawson Knox
It’s perfectly possible, if not likely, that the
#Raiders
offer Le’Veon Bell the exact same 3 year, $50M-ish, $30M-ish guaranteed contract in a few days.
5 days from the league year start & the
#Bills
have already scored slightly under market extensions for Micah Hyde, Daryl Williams, & Matt Milano, while getting three starters (Mario Addison, Mitch Morse, Vernon Butler) to accept outright pay cuts.
Big start for Brandon Beane.
The
#Yankees
are now paying their ace starting pitcher $36M per year for the next 9 seasons in a division where the Tampa Bay Rays spent $68M on their entire payroll in 2019 (& won 96 games).
RB Jonathan Taylor needs to tread lightly with a potential holdout. Not only will he be fined $40,000 per day missed by the
#Colts
, but he also risks losing an accrued season for 2023, which would render him a restricted free agent next March, instead of an unrestricted player.