Jeffery Deal Gets Better for Eagles
PHILADELPHIA (973espn.com) – When it comes to the salary cap, it’s best to just tip your cap to Howie Roseman and move on.
The Eagles reported one-year, $14 million deal with wide receiver Alshon Jeffery is even better than it first looked from the team’s standpoint.
The mechanics of the deal only include $9.5M in fully guaranteed money, $7.75 of that is his signing bonus with another $1M being Jeffery’s base salary in 2016 with a $750K workout bonus.
The rest of the money is tied up in incentives, meaning only $9.5 will count against the Eagles cap, which explains the team’s ability to make moves despite seemingly being over the cap.
Alshon Jeffery's deal w/ Philly: $7.75m signing bonus, $1m base (gtd), $750k workout and $4.5m in incentives for yds, catches, Pro Bowl, etc
— Mike Garafolo (@MikeGarafolo) March 10, 2017
It also explains why Roseman spoke so confidently about things at his Friday morning press conference.
“I think from our perspective, we’re going to have to look at things as they come through,” He said. “Obviously as the draft comes, two things kind of change. But we’re going through all that now. Again, I think that as we look past this moment, we’re going to be okay.”
-John McMullen covers the Eagles and the NFL for 973espn.com. You can reach him at email@example.com or on Twitter @JFMcMullen