Re: Kirk Cousins 24/7 thread
OK, let's forget about the posturing on both sides about a long-term deal for Kirk Cousins and try to look at this from a purely business perspective.
If media reports are to be believed, the Redskins would like to get Kirk's signature on a deal structured similarly to the ones signed by Colin Kaepernick and Andy Dalton. Supposedly, the annual salary amount is not a sticking point.
Both Kaep and Dalton are signed for five years and the thing that stands out among their contract terms is that they are both within the bottom three of all NFL QB's in the percentage of their total contract amounts that are guaranteed. Kaep's guarantee is $13M which is 11.4% of his total contract. Dalton is guaranteed $17M which is 17.7% of his total contract. Only Tyrod Taylor has a lower percentage of his total contract guaranteed at 10.6% which is $9M. Another thing that these three contracts have in common is that the guaranteed amount for each of these is approximately one year's worth of salary. That means that these players could be cut today and their teams would owe them next to nothing in salary. By comparison, a typical NFL QB guarantee is about 40% of the total contract amount.
Let's assume that the Redskins would like to sign Kirk to a five year contract at $20M per season, with a total contract amount of $100M. That salary may be fine with Kirk and his agent. But, if the Redskins want to guarantee him a percentage of that contract near the bottom of what his peers are receiving, Kirk's agent would have to be incompetent to let that happen. For example if the Redskins were, in their own minds, generous and offered him a 20% guarantee, then the total amount guaranteed would be $20M. Well, that just doesn't work for Kirk's side because he could receive $24M fully guaranteed just by refusing to sign a long-term deal and accepting the Franchise Tag in 2017.
If, as I suspect, the total amount guaranteed is the hang-up in negotiations, then the Redskins are probably going to need to offer a guarantee closer to 40% to get his signature on a long-term contract.
None of this is about greed on one side or cheapness on the other side. It is about business in the NFL.
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I'm a big Caitlin Clark fan!
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