Why the Justin Herbert contract is good news for the Cowboys

[DogFace]

QB s salaries need to be excluded from the cap. Or at least line 30 million annually.

 

[PAPPYDOG]

Anyone else noticed that after 27 long years of despair, the goal now is to only “reach” the NFCCG….so freakin sad!!!

SUPERBOWL or BUST I'll let one of Dak's biggest supporters (for his massive contract) explain why....

 

[Kingofholland]

This is the one thing I'm totally against Dak for the sake of the team: paying him $50+ mil/year. That's just crazy and extremely team debilitating stuff. Them owners have lost it. $40 mil/year is already too much for any starting QB. Now it's up to $52 mil/year?

We said the same thing about 35 million 3-4 years ago. 50 million will look like a bargain when those contracts hit 60-65 million in 2026.

However, I'm with you it's hard to justify paying the consensus number 9 or 10 QB as the top 3 highest paid. It's all about timing. I doubt Dak is going anywhere soon, but at some point the next few years it's probably worth using a premium pick on a rookie QB.

 

[Mac_MaloneV1]

It doesn't really change anything. The number was always going to be an AAV of 54-55 million. It's just a question of years.

 

[Mac_MaloneV1]

I wish Dak's annual salary only compromised of 15% of this year's (2023) $225,000,000 team salary cap. That would mean Dak would only be making $33,750,000. That would sound just about right...and be $6.5 million cheaper than the $40 million he is currently making per year.

If the Cowboys take the cheese and follow the top QB pay happening right now at $52,000,000 million/year, that would account for 23.11% of this year's team full salary cap. Imagine that? That's crazy!

While we're on the subject of how much Dak's $40 million/year salary is costing the team's $225 million salary cap space limit right now, Dak's $40 mil/year is using up 18% of the team's full salary cap space. That's a lot more than the 15% you guesstimated.

Now do you see why I don't agree with increasing the already overpaid pay per year?

You keep using a lot of incorrect numbers. His cap hits, as percentage of the cap have been:

2021 - 8.2
2022 - 8.9
2023 - 11.7
2024 - 23.2, but that number will certainly be restructured and probably cut nearly in half before next season.

You just have no clue what you're talking about. AAV is not the cap hit.

 

[Ranching]

Hey, don't even go there with a ton of sobs. Everyone knows already what is on the line.

This is to discuss alternatives and actually talk about how things are affected and change...not a non-ending run to the john at the drop of a hat.

C'mon, the none ending crying only is real so much. This isn't the topic of discussion.

Who cares the crying towel is dragged across the floor and displayed in the window of the latrine?

This is a current event and why it is relevant. Listen or just grow up some.

You can't expect fans with Middle School brains and have learned football from Madden to grow up!

 

[b0xZZ]

We've been talking the why's all summer...and Camp is official now. Quit the crying until there is some product to at least cry about!!

Some product to cry about? Where have you been?

 

[GINeric]

The new Dak-friendly era desires so very little success and glory from the tainted Star.
You got them loving and proclaiming greatness beating an 8-9 playoff team.
Now they're hoping the defense and running game can push Dakko to the NFCCG (In the weakest NFC in a long time) so Dak can stay a little longer.
We have reached new sewer levels when it pertains to what success is today in Dallas and man it smells bad.....like Dak B/O bad!!!!
Just ask Pam....

Dak has owned your team for years. Is that why you're triggered??

 

[CCBoy]

Some product to cry about? Where have you been?

Act as if you have some remote kind of standing here...or time in grade.

I've been a Cowboys fan since they started their journey in 1960.

Ever play the game above High School? A team in the Sugar Bowl and then a NAIA National Champ...now make something up just to not look stupid about...not my point any way.

You explain to me how!!

Even know what the Universal Commercial Code is?

That is the Federal controls and binding on a contract...that topic you thought you even had a clue to non-subject about.

 

[blueblood70]

https://www.bloggingtheboys.com/202...-extension-good-news-stephen-jones-salary-cap

The Cowboys need to re-work QB Dak Prescott’s contract at some point before 2024, so the Justin Herbert extension is relevant.

Herbert’s deal is noted as five years, $262.5 million, the biggest ever for the NFL. On the surface you would think that this would be bad news for the Cowboys, as Dak Prescott’s own $40 million per year contract has only about 18 months left before it expires.



This is good news for the Cowboys in two ways. First, it gives them a precedent to point to in negotiations with Dak’s agent, that other quarterbacks are signing deals early and still reaching the top of the market. Second, it gives the Cowboys some precedent to point to if other veteran players try to use a new Dak extension as justification that they need a new deal with two years remaining. The Cowboys can claim a ‘QB exception rule’ for revisiting deals that early.

The next aspect of the extension that is good news for the Cowboys is the length of the deal, Herbert’s contract makes eight of the top-10 quarterback contracts in annual value, that are all at least five-year contracts. Herbert, Lamar Jackson, Jalen Hurts, Russell Wilson, Kyler Murray, Pat Mahomes, Deshaun Watson, and Josh Allen have all signed at least five-year contracts, with all but Jackson and Watson signing those deals as extensions.




...A five-year extension is much more valuable to the team than a four-year deal because of the freedom it gives Stephen Jones and Adam Prasifka to move the cap charges around year to year. Dak has a great deal of leverage in his negotiations with the team because he is their most important player and the keystone the team is built around. But the Justin Herbert contract, as well as the other recent quarterback deals have given the Cowboys some help as they go to Dak’s camp with a clear outline of what the his value is on the quarterback market, with a great deal of certainty.

It might be good news for now but Justin Burrows contract is gonna make it worse it just happens before Prescott even restructured or extended or assigns a new deal there's gonna be already new markets setting records so I'm not sure if this is a good thing at all.. and hope for a great season that's it we can debate footbvall.

However, like I've stated in many threads I don't care at all about money contracts or the salary cap I just can't wait for game one and hope for a great season that's it.. Let's debate some football actual football not $$$$$$$$$$$$$$$$$$$$$

 

[America's Cowboy]

You keep using a lot of incorrect numbers. His cap hits, as percentage of the cap have been:

2021 - 8.2
2022 - 8.9
2023 - 11.7
2024 - 23.2, but that number will certainly be restructured and probably cut nearly in half before next season.

You just have no clue what you're talking about. AAV is not the cap hit.

What are you going by? Guaranteed numbers? Remaining guaranteed after signing bonus, etc? What?

I'm going by the full contract, guaranteed + non-guaranteed because Dak is most likely to earn all of the $160 million deal within those 4 years agreed upon.

 

[America's Cowboy]

It might be good news for now but Justin Burrows contract is gonna make it worse it just happens before Prescott even restructured or extended or assigns a new deal there's gonna be already new markets setting records so I'm not sure if this is a good thing at all.. and hope for a great season that's it we can debate footbvall.

However, like I've stated in many threads I don't care at all about money contracts or the salary cap I just can't wait for game one and hope for a great season that's it.. Let's debate some football actual football not $$$$$$$$$$$$$$$$$$$$$

It's all actually bad news. Everyone knows those QB salaries are going to ridiculous levels that will affect every team who pays such ridiculous QB salaries.

 

[Mac_MaloneV1]

What are you going by? Guaranteed numbers? Remaining guaranteed after signing bonus, etc? What?

I'm going by the full contract, guaranteed + non-guaranteed because Dak is most likely to earn all of the $160 million deal within those 4 years agreed upon.

https://overthecap.com/player/dak-prescott/4848

 

[America's Cowboy]

https://overthecap.com/player/dak-prescott/4848

You don't even know what you're talking about because at the end of the day, the Cowboys are still going to have to pay Dak $160 million, and it's still going to affect the team's salary cap availability for the rest of the players.

 

[CCBoy]

It might be good news for now but Justin Burrows contract is gonna make it worse it just happens before Prescott even restructured or extended or assigns a new deal there's gonna be already new markets setting records so I'm not sure if this is a good thing at all.. and hope for a great season that's it we can debate footbvall.

However, like I've stated in many threads I don't care at all about money contracts or the salary cap I just can't wait for game one and hope for a great season that's it.. Let's debate some football actual football not $$$$$$$$$$$$$$$$$$$$$

If he becomes Troy Aikman, who cares? If he doesn't, then who cares then...he's gone.

 

[FVSTONE]

https://www.bloggingtheboys.com/202...-extension-good-news-stephen-jones-salary-cap

The Cowboys need to re-work QB Dak Prescott’s contract at some point before 2024, so the Justin Herbert extension is relevant.

Herbert’s deal is noted as five years, $262.5 million, the biggest ever for the NFL. On the surface you would think that this would be bad news for the Cowboys, as Dak Prescott’s own $40 million per year contract has only about 18 months left before it expires.



This is good news for the Cowboys in two ways. First, it gives them a precedent to point to in negotiations with Dak’s agent, that other quarterbacks are signing deals early and still reaching the top of the market. Second, it gives the Cowboys some precedent to point to if other veteran players try to use a new Dak extension as justification that they need a new deal with two years remaining. The Cowboys can claim a ‘QB exception rule’ for revisiting deals that early.

The next aspect of the extension that is good news for the Cowboys is the length of the deal, Herbert’s contract makes eight of the top-10 quarterback contracts in annual value, that are all at least five-year contracts. Herbert, Lamar Jackson, Jalen Hurts, Russell Wilson, Kyler Murray, Pat Mahomes, Deshaun Watson, and Josh Allen have all signed at least five-year contracts, with all but Jackson and Watson signing those deals as extensions.




...A five-year extension is much more valuable to the team than a four-year deal because of the freedom it gives Stephen Jones and Adam Prasifka to move the cap charges around year to year. Dak has a great deal of leverage in his negotiations with the team because he is their most important player and the keystone the team is built around. But the Justin Herbert contract, as well as the other recent quarterback deals have given the Cowboys some help as they go to Dak’s camp with a clear outline of what the his value is on the quarterback market, with a great deal of certainty.

With Rogers taking a $35 million dollar cut in salary to help the JETS acquire FAs to help the team, Prescot should do the same thing and give some relief to the Cowboys since he's over hyped and overpaid!

 

[Mac_MaloneV1]

You don't even know what you're talking about because at the end of the day, the Cowboys are still going to have to pay Dak $160 million, and it's still going to affect the team's salary cap availability for the rest of the players.

Sure. But that doesn't change the fact that you used entirely wrong numbers because you didn't know he had void years on the end of his contract. The entire point your making about his cap hit being prohibitive is based on entirely wrong numbers.

 

[America's Cowboy]

Sure. But that doesn't change the fact that you used entirely wrong numbers because you didn't know he had void years on the end of his contract. The entire point your making about his cap hit being prohibitive is based on entirely wrong numbers.

Those 2 void years mean squat even if the Cowboys contractually can cut Dak after 2024. Dak's current contract still will cost the Cowboys $36+ million in salary cap in 2025, plus another $11 million in dead money for 2026.

The term dead money, which is used when looking at an NFL contract, is the amount of money which still needs to be accounted for on the salary cap after the player's contract is no longer in effect.Jun 1, 2023

https://www.behindthesteelcurtain.com › ...

Explaining how the NFL works; Part 7: Dead money - Behind the Steel Curtain​

You just don't get it.

 

[J_Allen]

I'm really not big on giving someone extra money when he chokes in the playoffs and then is hot and cold during the season.

 

[CCBoy]

Those 2 void years mean squat even if the Cowboys contractually can cut Dak after 2024. Dak's current contract still will cost the Cowboys $36+ million in salary cap in 2025, plus another $11 million in dead money for 2026. You just don't get it.

That's a major player's top end cap hit.