Twitter: Wentz contract details

[jujoboys]

Guarantees are different than fully guaranteed at signing. In a typical contract, you have per-game salary, and then almost everything else goes under guarantees. Let’s say on July 1st, 2022 his entire 2022 salary of 30 million is guaranteed if he’s on the roster. That counts in the 107 guaranteed money, and they can get out of it by cutting him before then.

Now if it was fully guaranteed at signing, that means they have to pay it on July 1st 2022, even if they cut him tomorrow. But that’s not the case. Roster bonuses, offseason activities bonuses, all that is guarantees that are avoidable but cutting him. So it looks like the signing bonus of 16 million is really the only guaranteed at signing guarantee here (besides the 30m$ option)

https://www.bleedinggreennation.com...gles-quarterback-nfl-comparison-cap-hit-bonus

Yes, I appear to be wrong about the $107 million guaranteed. However, I right about why the did a $16 million signing bonus this year and the $30 million option next year so they could spread the CAP hit of the signing bonuses/options over the entire 6 years of the contract. Like you said the only fully guaranteed items in the contract that we know of is the $16 million signing bonus and the $30 million option. However, those two items makes it highly unlikely the Eagles would cut Wentz after this year. They cut him after this year then they take a salary cap hit of $13 million for the original signing bonus and a $30 million CAP hit for the option. Cap hits for cutting him in 2020 would be $43 million.

 

[Blue&Silver]

https://www.nbcsports.com/philadelp...tzs-new-contract-that-could-reach-153-million


That's a lot of money, but in 5 years Mr. Wentz will be underpaid for sure.

 

[Aerolithe_Lion]

https://www.bleedinggreennation.com...gles-quarterback-nfl-comparison-cap-hit-bonus

Yes, I appear to be wrong about the $107 million guaranteed. However, I right about why the did a $16 million signing bonus this year and the $30 million option next year so they could spread the CAP hit of the signing bonuses/options over the entire 6 years of the contract. Like you said the only fully guaranteed items in the contract that we know of is the $16 million signing bonus and the $30 million option. However, those two items makes it highly unlikely the Eagles would cut Wentz after this year. They cut him after this year then they take a salary cap hit of $13 million for the original signing bonus and a $30 million CAP hit for the option. Cap hits for cutting him in 2020 would be $43 million.

Part of that 13 million is in this year’s money, so cutting him after this year would be less than that 43, and then the rest is in 2020’s money, so cutting him after 2020 would be barely more than the 30 million hit, which would be parting with a qb who severely didn’t work out (what it would take to cut him), and you’d essentially have to fork over less than 1 year average salary to get out of all 4 extension years. That’s not bad.

Banner breaks it down pretty well:



The Eagles basically caught Carson in a vulnerable position because of the injuries and that he’d otherwise be getting rookie money for years before he can force their hand. He’s gonna cost us 26-28 million a year by the end of the deal because of how much of it we’re prorating in his first 2 years. Now think about Dak, when you give him his extension you want to fit in Zeke and Amari too right? So you have his first few years lower hits and backload the f out of that thing for ‘win now!’ So by 2024 when the cap goes up by 50+m, guys like Dak and Russell who signed 30+m a year deals will be backloaded to escalate close to or over 40 million a year. That’ll be a huge difference when Carson has one of the lowest cap hits in the league amongst veteran franchise QBs.

 

[glimmerman]

Part of that 13 million is in this year’s money, so cutting him after this year would be less than that 43, and then the rest is in 2020’s money, so cutting him after 2020 would be barely more than the 30 million hit, which would be parting with a qb who severely didn’t work out (what it would take to cut him), and you’d essentially have to fork over less than 1 year average salary to get out of all 4 extension years. That’s not bad.

Banner breaks it down pretty well:



The Eagles basically caught Carson in a vulnerable position because of the injuries and that he’d otherwise be getting rookie money for years before he can force their hand. He’s gonna cost us 26-28 million a year by the end of the deal because of how much of it we’re prorating in his first 2 years. Now think about Dak, when you give him his extension you want to fit in Zeke and Amari too right? So you have his first few years lower hits and backload the f out of that thing for ‘win now!’ So by 2024 when the cap goes up by 50+m, guys like Dak and Russell who signed 30+m a year deals will be backloaded to escalate close to or over 40 million a year. That’ll be a huge difference when Carson has one of the lowest cap hits in the league amongst veteran franchise QBs.

Lol.. We have to keep JJ out of the negotiations. The DLaw deal still burns a little. He had injury problems and was injured and refusing surgery during the process. I don’t like it. Not at all. But it’s business.

 

[ABQCOWBOY]

Tried to explain it, this is not the 32 Mil per year contract everybody said it was.