His contract averages 40M a year. Thats 21.6% of the teams cap. You are using the team friendly cap number for this year which just kicks the big cap hit down the road a year. We have a one year window and then we have to start shedding player contracts to pay Dak. You think we can compete for a super bowl next year?
This formula has worked nowhere.
It is actually a two year window, by my estimate this is what the contract looks like:
2021: SB 13.2 Base: 9 Cap: 22.2
2022: SB 13.2 Base: 25 Cap: 38.2
2023: SB 13.2 Base: 26 Cap: 39.2
2024: SB 13.2 Base: 34 Cap: 47.2
______________________________ Voids
2025: SB 13.2 Base: 34 Cap: 47.2
2026: SB 0 Base: 34 Cap: 34
Dead money on 2025 Cap: 13.2
There is an escalator somewhere in there that can add 4M (guessing it is a bonus for winning the SB).
The 2025 & 26 salaries can be anything as the contract will void by that time and he will never see it. It is just filler to make the contract look bigger than it is.
The reason it is a two-year window, is after next season they are going to turn the base into a bonus, say 20 million. That will spread the 20 out over 5 years, and why this had to be a 6 year contract, so that 6th year can hold this new proration.
New figures will be this:
2021: SB 13.2 Base: 9 Cap: 22.2
2022: SB 13.2+ 4 Base: 5 Cap: 22.2
2023: SB 13.2+4 Base: 26 Cap: 43.2
2024: SB 13.2+4 Base: 34 Cap: 51.2
______________________________ Voids
2025: SB 13.2+4 Base: 34 Cap: 51.2
2026: SB 0+4 Base: 34 Cap: 38
Dead money on 2025 Cap: 13.2+4+4= 21.4
Before the 2024 season I expect another contract (extension) to be done, probably lowering the 2024 cap. The 2025 & 2026 bonus prorations will have to remain for those years, along with the new proration of the new contract, so 2025 will likely have 3 signing bonus amounts attached to it.