Best and Worst Eagles Contracts
Jason Fitzgerald of OverTheCap.com is doing a series where he picks out the best and worst contracts for each team. His take on the Eagles:
Philadelphia is one of those teams where there are always a number of good contracts. They are one of the best run front offices in the league and are often signing very team friendly contracts. There were a few places I thought of going with this including Brent Celek (who got the nod last season), Trent Cole, and even Riley Cooper, but thought that the Jason Kelce contract was just a bit better than all the others on the books.
Kelce is one of the bright young centers in the game, having started every game he was healthy enough to play in since his rookie year in 2011. Kelce was entering the final year of his contract and would have likely become a free agent in 2015 as the cost of the Franchise tag for centers is usually prohibitive for using a tag on the position. Kelce’s deal was also important for the Eagles to do sooner rather than later since they realized that the market could potentially change once Alex Mack hit free agency, not to mention expected extensions for the Pouncey brothers. While teams were awaiting final word on salary cap possibilities the Eagles entered into negotiations with their players and signed them before the new salary cap rise was made public knowledge.
The Eagles pretty much hit it right on all accounts. The higher priced centers did seem to extend the market. The salary cap rise was large. None of it mattered to Philadelphia as Kelce was locked into a six year extension that pays $6.25 million a season. The value of the contract over the first three and four years is just $6 million a season and the signing bonus was also $6 million. By 2016 Kelce could be released with $3.6 million in cap charges and the last two years of the contract carry no dead money.
Over the first three years of the contract Kelce’s cap charge will never exceed $6.2 million and the Eagles did not give away much upside to get that. Kelce can only incase the value of the contract by $200,000 for each time he makes the Pro Bowl. The guarantee per year and percent guaranteed in the contract are well below the norms for a player in his salary range. About the only thing missing that could have benefitted the Eagles would have been per game roster bonuses to protect in the event of injury. That’s a very minor quibble on a very good contract.
For the worst Eagles contract, Fitzgerald chose TE James Casey. Go read his post to get the full details, but it shouldn’t be too hard to figure out why he sees Casey as having a bad deal.
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