Is it a good idea for the Dallas Cowboys to extend the contract of their quarterback?
We went through this exercise with the quarterback.
The path to a four-year, $160 million deal was a long one. He played the last year of his contract with the Cowboys even though they offered $90 million in guaranteed money. Even though the Cowboys offered a contract with 100 million dollars guaranteed, he chose to play the 2020 season on the franchise tag.
He signed an extension that included $126M in guaranteed money and a record-setting $66M signing bonus just five months after he broke his ankle.
Why would the Cowboys want to extend his contract now?
The management of the cap will start in 2023.
The price of quarterback contracts is going up.
Going into a season without a quarterback is frightening.
After waiting so long, why would he be open to an extension? It might be difficult.
One long-time agent said that he wouldn't do it with where the money is going with the quarterbacks and where the salary cap is. He is going to live. Shouldn't we wait? It would be a benefit to the team if he did it.
In order to spread out the proration of the signing bonus, the Cowboys restructured his contract in 2020 and 2021. That is why the cap figure is $19.73 million. Because of those restructures, the Cowboys will have a dead money charge of more than $21 million in the year 2025.
The length of the contract was one of the sticking points in the talks. The Cowboys wanted a long-term deal so they could manage their salary cap. He wanted a shorter-term deal so he could hit free agency sooner.
The cap figure for the year is $49.13 million. It will rise to $52.13M in 24 years. Those will be the second- highest cap figures in the NFL in those years behind the Cleveland Browns. The salary cap won't rise in one season as the NFL works back economically from the coronaviruses outbreak.
Stephen Jones said that one of the biggest challenges in the negotiations was length. The shorter length was followed by us. You pay attention to these all the time, and we will always be thinking about how he affects us in a salary cap standpoint. He is always in the back of our minds as we manage the salary cap.
When he signed his last deal, he was one of two quarterbacks to average over 40 million dollars a year. He is tied at seven.
Young quarterbacks have made a lot of money since the agreement was made. The Buffalo Bills signed Josh Allen to a four-year contract worth $43 million per year, the Cleveland Indians signed Deshaun Watson to a four-year contract worth $46 million per year, and the ArizonaCardinals signed Kyler Murray to a four-year contract worth $47 million per year
Quarterback | Team | Average Per Year | Total Value |
---|---|---|---|
1. Aaron Rodgers | GB | $50,271,667 | $150,815,000 |
2. Kyler Murray | ARI | $46,100,000 | $230,500,000 |
3. Deshaun Watson | CLE | $46,000,000 | $230,000,000 |
4. Patrick Mahomes | KC | $45,000,000 | $450,000,000 |
5. Josh Allen | BUF | $43,000,000 | $258,000,000 |
6. Derek Carr | LV | $40,474,160 | $121,422,481 |
7T. Matthew Stafford | LAR | $40,000,000 | $160,000,000 |
7T. Dak Prescott | DAL | $40,000,000 | $160,000,000 |
Matthew Stafford has signed a large extension to stay with his club.
It's just the life you live when you have a franchise quarterback, according to Jones. Troy and I lived it together. Tony and I lived it together. It's a good thing that we're living with someone else. It's a blessing that we have a guy like that, who is a great football player but also a better man off the field.
The Cowboys can't use the franchise tag on him in 25 years. Without that negotiating tool, the Cowboys will have to consider taking a quarterback in the early rounds if they don't draft one in the upcoming draft.
Rodgers is the highest paid quarterback in the world. The quarterback salary figures can be pushed closer to $50 million per season if Joe Burrow of the Cincinnati Bengals and Justin Herbert of the LA Clippers sign extensions after this season.
He didn't pay much attention to the quarterback deals.
He said he didn't pay attention to the other guys because he wasn't paying attention to himself. I'm happy for all of them. It's good for the league. I'm sure it will keep going that way.
If the Cowboys approached him about an extension, what would it be like?
He said that the talks would have to happen in a private discussion.
It's in a good place. He's aware of it. Both the Cowboys and the Cowboys do.
"He's a common theme in why we're so optimistic about this team being very successful this year." It begins with No.4. He is always a big part of our planning.