The #Chiefs and All-Pro DT Chris Jones have a blockbuster deal to keep him in KC, per his agents @KatzBrosSports. The top free agent is off the market and a huge move for the champs. �� pic.twitter.com/BHmM49TCtt
Chiefs and five-time Pro-Bowl DT Chris Jones reached agreement on a record 5-year deal that includes $95 million guaranteed and allows KC to keep its best defender before free agency begins, per his agents, @KatzBrosSports.
Originally Posted by Shaid:
I love Chris Jones but 5 years is a long time for someone his age. Hoping that 5th year is truly a throwaway so we have flexibility if we need it. Glad the guaranteed money is in the first 3 years. This may be more of a 4 year 130 million deal.
I’m sure it’s closer to a 3 year $95M deal with some funny money attached to voidable years.
I could see a $50M signing bonus spread across those 5 seasons and then salaries of $10M, $15M, and $20M for cap hits of:
Y1: $20M
Y2: $25M
Y3: $30M
We’d eat $12M in 27 and $12M in 28 cap space if we don’t pay him crazy money then (which we won’t). Seems like a good deal all the way around. [Reply]
So, if it's 5 years with 95 guaranteed and an AAV of 32 mil...you could have something that looks like this.
Year 1: 19 million signing + 8 salary
Year 2: 19 million signing + 9 salary
Year 3: 19 million signing + 10 salary
Year 4: 19 million signing + 16 salary
Year 5: 19 million signing +22 salary
Depending on how the cap increases and the market moves for DT, he could still be worth it in year four, but you never realize the last year of the deal. [Reply]
The fifth year to me is going to be a mechanism just to keep the cap hit this year low so they can add whatever they want to go for the three-peat. (Based on Sweeney’s post that he has heard that’s their plan) [Reply]
Originally Posted by comochiefsfan:
There’s also something to be said for rewarding a player who has come up through your organization and been a good soldier and teammate every step of the way.
Shows players the Chiefs will take care of you if you do your part for them.
Chris definitely earned this and I’m happy for him.
might have missed a step or two last summer [Reply]
Originally Posted by ntexascardfan:
So, if it's 5 years with 95 guaranteed and an AAV of 32 mil...you could have something that looks like this.
Year 1: 19 million signing + 8 salary
Year 2: 19 million signing + 9 salary
Year 3: 19 million signing + 10 salary
Year 4: 19 million signing + 16 salary
Year 5: 19 million signing +22 salary
Depending on how the cap increases and the market moves for DT, he could still be worth it in year four, but you never realize the last year of the deal.
The signing bonus isn't going to equal 95. The signing bonus plus years 1-3 is going to equal 95. [Reply]
Originally Posted by comochiefsfan:
There’s also something to be said for rewarding a player who has come up through your organization and been a good soldier and teammate every step of the way.
Shows players the Chiefs will take care of you if you do your part for them.
Originally Posted by tyecopeland:
The signing bonus isn't going to equal 95. The signing bonus plus years 1-3 is going to equal 95.
For those playing at home, that would look more like this:
year 1: 12M SB - 11M sal - 23M cap hit
year 2: 12M SB - 12M sal - 24M cap hit
year 3: 12M SB - 12M sal - 24M cap hit
year 4: 12M SB - one billion dollars (void) - 24M dead
year 5: 12M SB - taylor swift (void) - 12M dead
That's $60M signing bonus with $35M in guaranteed salary over the first 3 years, or 95M total paid with no cap hit over $24M in any year... [Reply]
Glad just got done right away instead of dragging out like last year. If it’s a choice between Jones and Sneed, I agree with most here that Jones is the answer. But it would be so great if we could still keep Sneed. If not, let’s hope we get good draft compensation And a free agent corner who comes cheap to earn a ring.
Now let’s see in free agency and the draft what we can do to add a third credible receiver. [Reply]
