‘Tis The Contract Season

Here we sit just a day before the franchise tag deadline and are wondering if John Dorsey will be using it on Eric Berry or Dontari Poe or keeping it tucked in his pocket. While everyone is expecting Dorsey to be spending all his time getting Berry or Poe signed, he apparently multi-tasked and locked up right guard Laurent Duvernay-Tardif. LDT was already under contract for another year, but Dorsey apparently felt it important to lock him up now.

 

 

From what I have read, it sounds like LDT got a 5-year contract worth $42.25 million with $20 million guaranteed. This is pretty interesting since it looks like his 2017 cap hit was about $725k. While I am not totally sure what the new cap hit would be, it must be higher than the $725k.

 

 

What is up?

This news got me wondering what kinds of roster moves we will see coming up. Obviously, Dorsey must clear a lot of cap space if he is going to have a shot at signing either Berry or Poe. Signing both players will be an even further stretch.

Does this signal that Dorsey doesn’t think a contract with Berry and Poe can get done? Perhaps he has some plan to tag Berry or Poe with the non-exclusive tag and dangle them for a couple of first round picks.

 

 

 

Who’s at risk?

If those aren’t the case, could Dorsey be looking to cut some players that have a high cap hit and are expendable now? In this category, I could see the following players being the fabled Salary Cap Casualties.

        Nick Foles – $10.75 million and no dead money

        Jamaal Charles – $6.1875 million and no dead money

        Tyler Bray – $1.225 million and no dead money

        Dustin Colquitt – $4.9 million and $800k of dead money

        Jah Reid – $3.5625 million and $1.55 million of dead money

       

Other than those 5, the other players with high salaries would end up leaving too much dead money if cut or it would require cutting a lot of backup players that would only save $500-600k per player.

If all of these players were cut it would free up about $24.25 million in cap space. While I am not suggesting that all of these players be cut, I am thinking we cut them to restructure the contract and reduce the cap hits. This group shouldn’t cost more than $10 million total, netting about $14.25 million in cap space. That might be enough to get the Berry and Poe deals done.

 

Where do we go next?

I am really looking forward to the coming weeks to see what Dorsey pulls together. While I would hate to see Berry and Poe leave, I don’t advocate crippling the team to pay one or two players. It would be unfortunate if it happens, but really not much different than a season/career ending injury.

What do you guys think? What is your take on the negotiations?

Until next week, there’s The Rub.

 

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Frank Leggio
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Frank Leggio

Frank Leggio is an operations director living in the Columbus, OH area.He has two sons and a couple of Beagles.He was born in Germany, went to high school in KS and college in CO.
Frank Leggio
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  • Chiefly Bacon

    Chiefs are up against the cap now, but they have the potential to add a ton of cap space in 2018. Most players start to hit the non-guaranteed parts of their contracts. Gotta structure carefully this year, but Chiefs will have options moving forward. It can all start with replacing Smith, if Chiefs can do it with a rookie.

    • ladner morse

      Do what with a rookie? QB?

      • Chiefly Bacon

        Yep. If Chiefs can replace Smith with a rookie QB. While I’m starting to think Bray is the most likely option, he would probably hurt the cap more than help it if he won the starting job this year. A guy like Watson, Mahomes, or Peterman could save the Chiefs a big pile of cap space vs Smith who Chiefs can cut in 2018 and save 17m in cap.

        • Frank Leggio

          Do you think they can pick up the playbook quick enough? And actually not play a couple of good games then fizzle when the league gets tape on them?

        • berttheclock

          Have you seen any photos showing Mahommes new agent working out of his used travel trailer? I believe that photo is very similar to the one Laurels has shown here. Hmmm?

        • John Davenport

          All the wheeling and dealing going on a One Arrowhead Drive has put me in the mood to play GM so I went crazy and came up with this.

          What if Dorsey traded Alex Smith and his contract, 16.9 Million, for a 1st round pick or maybe a 2nd and 4th, (those may be a high but this is all pretend anyway) kept Foles, contract value of 6.75 Million according to OTC, as the starter next season and used some draft picks to move up and draft whomever he thinks is the best QB prospect this year, let him sit behind Foles instead of Smith for 1 year to learn the playbook and let Reid work with him. That gives the Chiefs about 10 Million in available cap space. Even if the Chiefs can’t trade Smith it looks like they could cut him and still save close to 10 Million, even more if he were to be cut post June 1st.

          Qualifier, I’m neither a cap expert or OTC expert but I think these numbers are close.

  • Frank Rodela

    The LDT deal was an extension, correct? If that is the case it could have a minimal impact on his cap number for this year as the new money won’t kick in til next year with the exception of the the signing bonus that will split over the life of the contract. I am making this guess based on how they were explaining the Antonio Brown extension yesterday

    • Merlin

      Still, it’s interesting that LDT got paid with both Berry and Poe sitting out there and the Chiefs tight against the cap. Makes me think they have a plan in place for both Berry and Poe and I suspect it means Poe is gone.

    • Frank Leggio

      You are probably right. I was thinking that it would reset the current year too. Your description would make more sense of Dorsey’s move.

    • berttheclock

      However, remember the most important part of any new extension or contract is the amount of upfront guaranteed money. Rarely, do any players receive the full amount of the News Worthy Headline Splashy contract. That is why they have their respective agents work so hard on the guaranteed portion. Most of the slicing and dicing being done at present across the NFL comes down to the non-guaranteed portions being due this month.

      • Frank Rodela

        We will have to wait to see the breakdown, but from what i have seen it is $20 mil guaranteed

  • ladner morse

    Duvernay-Tardif's agent (also Eric Berry's agent) confirms contract extension for #Chiefs RG. https://t.co/9OPcQK05Tc— Matt Derrick (@mattderrick) February 28, 2017

    • berttheclock

      Chad Speck, also, is the agent for C J Spiller.

      • berttheclock

        Plus, I believe he represents Howard, as well.

  • freshmeat62

    Dorsey and I don’t see things the same way when it comes to money. I like to keep a few bucks tucked away for emergencies or special deals. The wife and I were in Lowes last week and saw a $3800 fridge on sale for $1200. If we didn’t have a little nest egg stuck away, we wouldn’t have bought it. Dorsey likes to spend his last dollar. What if a Willie Roaf type of player comes available? It happens. Would he have the space to even try to sign him?
    LDT for over $8mil/, and reports are that Berry wants to be the highest paid safty. Mathieu makes $12.5mil per. That is ridiculous!

    • berttheclock

      For your sake, I hope that new fridge works out for you. We thought we were going to spring for a new one about a year ago, until, I began to hear comments from neighbors, reading horror stories on line and even listening to the wise words of a salesman who had worked for years in the appliance business. The horrors come down to the fact that since freon was barred from refrigeration units, no manufacturer has really been able to solve the freezing problem. So, you spend the big bucks for a bright shiny fridge, the warranty expires and the unit starts to spew water all over your base boards. Then, you find there are no spare parts for the unit. This has happened to units made in Korea by LG and Samsung (made in the same plants as LGs). Plus, look at the number of US manufacturers who have gone out of business in the past few years and months. We have a close friend who bought a house in St Augustine, FL which had all brand new LG products only to see them fail and she could find anyone who could be able to get parts to repair them. Fridge and stove were both shot.

  • Tony Parker

    Foles’ cap hit is around $6.75m for 2017, or so I heard.

    • freshmeat62

      Yeah, that’s what I saw too.

  • ladner morse

    ✍️’ed on the dotted line. Offensive lineman @LaurentDTardif signed to a contract extension. ➡️ https://t.co/bqKWwwygox pic.twitter.com/VlSA5LsGWJ— Kansas City Chiefs (@Chiefs) February 28, 2017

    • berttheclock

      Did you, also, see the photo of him walking down a hall in a Canadian hospital wearing his white medical coat? It is up at AP along with that photo showing Chad Speck sitting with him.

      • ladner morse

        Yep. Very cool! There are several of him working in a Canada hospital and him in his lab coat. Maybe he should wear the lab coat on Sundays.

        • berttheclock

          If so, he will be the highest paid MASH unit doctor on site.

          • berttheclock

            Cue “and suicide is painless…………”

          • ladner morse

            Then he can help the ILBs WHILE THEY ARE ON THE FIELD. 🙂

  • berttheclock

    Someone in KC should set up a stake out at Joe’s to see if they are going to rush any orders to One Arrowhead.

  • berttheclock

    Chad Speck’s operation is in Nashville, Tenn. He represents several former players from that area. However, there are two Vols heading for the Combine, Alvin Kamara and Derek Barnett, the DE. Kamara just fired his agent, Vaynor Sports and is looking for a new agent. Barnett is represented by Drew Rosenhaus, whose firm just negotiated the very large Antonio Brown deal. Would not surprise me if Kamara signed with, either, Rosenhaus or Speck in the coming days.

  • ladner morse

    Report: Chiefs, S Eric Berry "very close" to long-term dealhttps://t.co/CXNOrpY0Rw#nfl #chiefs— The Redzone (@TheRedzoneorg) February 28, 2017

  • ladner morse

    Would be stunned if Chiefs don't have Eric Berry locked up by franchise deadline. Sides very close on a 6yr deal worth massive $13M/year— Jason La Canfora (@JasonLaCanfora) February 28, 2017

  • ladner morse

    http://arrowheadone.com/chiefs-and-berry-its-a-done-deal/

    Chiefs and Berry: IT'S A DONE DEAL!https://t.co/uvw4twID7AArrowheadOne pic.twitter.com/BtZ98WdZA5— Ladner Morse (@Laddiemorse) February 28, 2017

  • ladner morse

    Chiefs and Berry: IT'S A DONE DEAL!https://t.co/uvw4twID7AArrowheadOne pic.twitter.com/BtZ98WdZA5— Ladner Morse (@Laddiemorse) February 28, 2017