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Originally Posted by Schneed10
I'm not sure it's an 'overpay'. By extending, the $30M signing bonus prorates over five years, not four. So we carry $6M of that on our cap here in 2021.
That leaves the average annual cap hit of the 2022 - 2026 portion of the contract at $16.5M. Unclear how much of that is front loaded or backloaded. I don't see it as out of touch with market value - remember the cap is going to go up next season by a lot.
This has a lot to do with reinforcing the culture. If you want to talk culture you can't let a guy like Jon Allen get to the franchise tag phase. Because he's a guy that does absolutely everything right. The culture talk is empty if you don't extend Allen.
Scherff does everything right too but he flat out doesn't want to be here. We offered top of the market guard money and he said no, not much more you can do.
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I get that. I just don't view Allen as a 16 million dollar player. Not even close if you ask me. When Matt I is healthy I feel he is better and he makes like 7 million. Was it important to re-sign him? I'd say yes and sometimes you have to overpay and I think we did in this instance.