Projected Contract for Dak - 6 years, $171M with $45M SB, and $90M Guaranteed

Jumbo075

Jumbo075

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At the minimum, Dak will make $28M per season. He's done more than Matthew Stafford, Jimmy Garoppolo, and Kirk Cousins, and deserves to be better paid than any of those players. Let's say, 6 years, 171M - an average of $28.5M, with a $45M signing bonus, and $90M guaranteed over the first 3 seasons.

2019 - $45M signing bonus, $3M salary = $12M Salary CAP hit - $90M Dead Money
2020 - $20M Restructure Bonus, $1M salary = $14M Salary CAP hit - $78M Dead Money
2021 - $21M Salary = $34M Salary CAP hit - $64M Dead Money
2022 - $23M Salary = $36M Salary CAP hit - $30M Dead Money - 4th year out, save $6M against CAP
2023 - $23M Salary = $36M Salary CAP hit - $17M Dead Money - 5th year out, save $19M against CAP
2024 - $32M Salary = $36M Salary CAP hit - $4M Dead Money - 6th year out, save $32M against CAP

DAK gets paid $69M over first two seasons - an average of $34.5M per season. He is guaranteed $90M over first 3 seasons, an average of $30M per season. The Cowboys defer the CAP hits on Dak for years 1 & 2 of the contract, but can decide to eat the 3rd year, and after that, they can actually save money against the CAP by cutting Dak.

Even at a CAP hit of $36M per season, the Salary CAP is expected to be around $220M in 2022, so that is only 16% of the overall Salary CAP - which is about right for a top QB. If Dak fails to continue to improve, then the Cowboys have an out in Year 4. But if he wins a Super Bowl or two over the next 6 years, while the top QB contracts rise to about $45M per season, the Cowboys will have made a bargain deal.
 
Jumbo075

Jumbo075

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bsbellomy said:
At those numbers just franchise him and start preparing for the next guy.
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The going rate was set a year ago when Cousins and Garappolo signed contracts for $27M and $27.5M per season. Both of them haven't accomplised as much as Dak has in his career. Add a year of inflation, and $28.5M per season is a reasonable figure for an unproven young QB. I'm not saying I like it. I'm saying that $28.5M per season is the market rate.

The Cowboys are going to have to commit to Dak for at least 3 more seasons. They don't have a plan B right now. And the longer they wait to lock him up long term, the higher the price is going to be.
 
TheMarathonContinues

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Jumbo075 said:
The going rate was set a year ago when Cousins and Garappolo signed contracts for $27M and $27.5M per season. Both of them haven't accomplised as much as Dak has in his career. Add a year of inflation, and $28.5M per season is a reasonable figure for an unproven young QB. I'm not saying I like it. I'm saying that $28.5M per season is the market rate.

The Cowboys are going to have to commit to Dak for at least 3 more seasons. They don't have a plan B right now. And the longer they wait to lock him up long term, the higher the price is going to be.
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Yeah it makes no sense to waste prime years because you don’t want to pay Dak.
 
Jumbo075

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Frozen700 said:
He's not worth that type of money. I rather go through pains of finding a new QB then to be stuck with an "average, but paid like I'm an elite" QB
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When the top QB's are making $45M per season, and Dak is still being paid $23M salary, it will seem like a huge bargain, and no one will be thinking that Dak is being paid like an "elite" QB.
 

Eanwen

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Jumbo075 said:
The going rate was set a year ago when Cousins and Garappolo signed contracts for $27M and $27.5M per season. Both of them haven't accomplised as much as Dak has in his career. Add a year of inflation, and $28.5M per season is a reasonable figure for an unproven young QB. I'm not saying I like it. I'm saying that $28.5M per season is the market rate.

The Cowboys are going to have to commit to Dak for at least 3 more seasons. They don't have a plan B right now. And the longer they wait to lock him up long term, the higher the price is going to be.
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Personally I want the Cowboys to wait until after this season to determine if they want to sign Dak long term, but if I was Dak I'd look at these contracts and think "I'm worth more than these stiffs".
 
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