Money Talks
ITB: Looking At Eagles Unique Contract Structures
The Philadelphia Eagles are known in league circles for their unique contract structures under Executive Vice President of Football Operations/General Manager Howie Roseman.
On the latest edition of the Inside the Birds podcast, Adam Caplan and Geoff Mosher gave details on the contract structures of several core players who recently signed extensions.
Dallas Goedert (4 years, $57 million)
Geoff Mosher: “With all of these extensions, there’s always some risk, because a guy like Dallas Goedert has been hurt at times throughout his career. But then there’s always some reward where you get a guy extended before the market has a chance to go crazy.”
Adam Caplan: “Here’s where the agents did a good job: they did the advanced guarantee, so he had a $13 million option bonus for 2023 that became guaranteed in March, 2022. He’s going to make $29 million over the first two years. It’s $15 million fully guaranteed at the singing, but because of that option bonus, he gets it on top of his base salary.”
Mosher: “I don’t see the Goedert contract as more team-friendly than player-friendly. It’s a top-five tight end contract, and to be fair, he has not had a 1,000-yard season.”
Caplan: “It’s a very fair deal. I liked the compromise of the fully guaranteed option bonus. He’s basically getting the first two years fully guaranteed. He has not put together the big year yet. Now why? Injuries, like you said. The other part of it is he was behind Zach Ertz all of the time. Now there’s no more Ertz.”
Jordan Mailata (4 years, $64 million)
Mosher: “It is interesting because Pro Football Focus called it the best contract in the NFL. Trent Williams is making almost double [of $16 million per year].”
Caplan: “It’s fair to say it’s a team-friendly deal. He does have Pro Bowl incentives in his deal to bump it up a little bit.”
Jalen Hurts
Caplan: “If you just look at his contract, Gardner Minshew is making more than he is. This does happen but it is rare when a backup quarterback makes more, but we understand why, because you cannot adjust Hurts’ contract until after his third season is done…If he plays great, based on the way Roseman does it, you are going to want to get in early. This is not like Nick Foles in a gimmick offense he was playing with Chip Kelly in 2013. This is not a gimmick offense. If we all watch and say he’s playing really well, he’s getting his contract extended, no questions about it.”
Miles Sanders
Mosher: “This is his fourth and final year of his contract. I cannot imagine Miles Sanders signing right now. I think he wants to prove how good he can be. Guys like James Conner got $21 million over three years from the Cardinals. They’re different kinds of running backs but certainly Miles Sanders can have the year James Conner had in his last year in Pittsburgh.”
Caplan: “The Conner one is a decent comparison. They have both missed time in their careers.”
Mosher: “In order for him to be an Eagle past this year, it’s almost like he has to have a mediocre year, because if he has a really good year, I don’t see the Eagles giving him top-five running back money. If he has a really bad year, the Eagles will probably just not retain him. But if he has like 1,100 yards and six touchdowns, I suppose there’s a shot that maybe they could extend him, probably a short three-year extension.”
– Benjamin Paul is a staff writer for InsideTheBirds.com.
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