Eagles' new contracts: Analyzing the numbers

Eagles' new contracts: Analyzing the numbers

Eagle Eye: Strategy behind Eagles extensions

February 27, 2014, 5:00 pm
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The Eagles extended Jason Peters Wednesday, and Jason Kelce and Riley Cooper on Thursday. (USA Today Images)

In the span of 24 hours, the Eagles doled out $42.55 million in guaranteed money and spent potentially more than a hundred million dollars to retain three of their key offensive players.

The contracts the Eagles gave to offensive tackle Jason Peters on Wednesday and center Jason Kelce and wide receiver Riley Cooper on Thursday include a total of $13 million in guaranteed components for Kelce, $19.55 million guaranteed for Peters and $10 million guaranteed for Cooper.

Kelce's deal makes him the NFL's third-highest-paid center, behind only Ryan Kalil of the Panthers ($8.186 million average per year) and Nick Mangold of the Jets ($7.725 million average).

The three deals are worth a combined $109,698,000. More than a tenth of a billion dollars.

The combined cap hits come out to $12,714,358 in 2014, $17.55 million in 2015, $19.8 million in 2016, $22.45 million in 2017, $24 million in 2018, $6.5 million in 2018 and $7 million in 2019.

Of the $42.55 million in guaranteed money the Eagles committed to in these three deals, more than half is this year.

The guaranteed money comes out to $24.148 million this year, $13.8 million in 2015 and $4.602 million in 2016. There are no guaranteed components in any of the deals beyond 2016.

All of which gives the Eagles plenty of flexibility beyond 2015, despite the huge amounts of money in these deals. If they wanted, they could get out from under any of the deals in just two years. There would be cap hits but little guaranteed money to worry about.

Let’s take a look at all the details of the three contracts, obtained by CSNPhilly.com from various NFL sources.

Riley Cooper

Signing Bonus: $4 million

2014: $1 million base salary, fully guaranteed, $800,000 pro-rated bonus, $1.8 million cap number

2015: $4 million base salary, fully guaranteed, $800,000 pro-rated bonus, $4.8 million cap number

2016: $4.5 million base salary, $1 million guaranteed, $800,000 pro-rated, $5.3 million cap number

2017: $4.25 million base salary, not guaranteed, $800,000 pro-rated, $5.05 million cap number

2018: $4.75 million base salary, not guaranteed, $800,000 pro-rated, $5.55 million cap number

TOTAL: $22,500,000 over five years, average of $4.5 million per year, $10 million guaranteed.

Jason Kelce

Signing Bonus: $6 million

2014: $1.398 million base salary, fully guaranteed, $1.2 million pro-rated bonus, $2,622,358 million cap number

2015: $3 million base salary, fully guaranteed, $1.2 million pro-rated bonus, $200,000 Pro Bowl escalator, $4.2 million cap number

2016: $4 million base salary, $2.602 million guaranteed, $1.2 million pro-rated bonus, $200,000 Pro Bowl escalator, $5.2 million cap number

2017: $5 million base salary, not guaranteed, $1.2 million pro-rated bonus, $200,000 Pro Bowl escalator, $6.2 million cap number

2018: $6 million base salary, not guaranteed, $1.2 million pro-rated bonus, $200,000 Pro Bowl escalator, $7.2 million cap number

2019: $6.5 million base salary, not guaranteed, $200,000 Pro Bowl escalator, $6.5 million cap number

2020: $7 million base salary, not guaranteed, $200,000 Pro Bowl escalator, $7 million cap number

TOTAL: $38.898 million over seven years, average of $5,556,857 million per year, $13 million guaranteed.

Jason Peters

Signing Bonus: $5 million

Roster Bonus (paid March 26): $5 million

2014: $1.75 million base salary, fully guaranteed, $1 million pro-rated bonus, $292,000 pro-rated previous bonus, $8.292 million cap number

2015: $8.55 million base salary, fully guaranteed, $31,250 roster bonus for every week on the active roster [$500,000 max], $1 million pro-rated bonus, $8.55 million cap number

2016: $7.55 million base salary, $1 million guaranteed, $31,250 roster bonus for every week on the active roster [$500,000 max], $1 million pro-rated, $9.3 million cap number

2017: $9.95 million base salary, not guaranteed, $1 million pro-rated, $11.2 million cap number

2018: $10 million base salary, not guaranteed, $1 million pro-rated, $11.25 million cap number

TOTAL: $48.3 million over five years, average of $9.66 million per year, $19.55 million guaranteed