Eagles to face major 2015 salary cap decisions

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Eagles to face major 2015 salary cap decisions

Whether or not DeSean Jackson returns to the Eagles, one thing is certain.

The Eagles are going to have to make several difficult and most likely unpopular decisions in the next year to get under the 2015 salary cap.

Forget this year for a minute.

The Eagles are already in cap trouble next year.

The good news is that the cap is expected to increase by $7 million to $10 million next year, thanks to revenue from the new TV deal.

Although the actual figure won’t be announced until next winter, people who track this stuff believe the unadjusted cap will increase from $133 million in 2014 to about $142 million in 2015.

The Eagles currently have 51 players under contract in 2015, and their combined cap figure is $144,766,514.

Several members of that 2012 draft class will be eligible for contract extensions after the season, and there is no way the Eagles would risk losing Nick Foles, Brandon Boykin, Mychal Kendricks and Fletcher Cox through free agency after the 2015 season, so re-signing those four after 2014 will be imperative for the Eagles next winter.

Foles, if he comes anywhere close to his 2013 performance, will demand a massive contract. Boykin, if he repeats his six-interception breakout 2013 season, will also be due a commanding deal. Cox and Kendricks are fundamental building blocks of the Eagles’ young defense, and they will be due sizable, long-term, multi-million dollar deals as well.

So you see the predicament the Eagles are in. They’re already over the projected cap figure, they still have to re-sign at least four key players, and they’ll certainly need money available to go after some free agents a year from now and sign their 2015 draft picks.

Something has to give.

A look at the Eagles’ 2015 contracts shows that 13 players make up nearly half of that $144.77 million figure.

Those 13 players have a combined 2015 cap hit of $68,025,140, or 47 percent of the Eagles’ current 2015 total cap figure.

They are:

• $10.25 million … LeSean McCoy
• $10.025 million … Trent Cole
• $10 million … DeSean Jackson
• $7.55 million … Jason Peters
• $6.9 million … DeMeco Ryans
• $6.5 million … Cary Williams
• $5.5 million … Connor Barwin
• $4.8 million … Brent Celek
• $4 million … James Casey
• $4 million … Riley Cooper
• $4 million … Todd Herremans
• $4 million … Malcolm Jenkins

Safe to say that anybody on that list, other than McCoy and Peters, could become a cap casualty after this upcoming season.

The Eagles still have plenty of room under the 2014 cap, and they’ll probably carry over $10 million to $12 million in unused cap space to 2015, which would increase their adjusted cap figure to somewhere in the $155 million range.

But they’ll still have some decisions to make about the veterans listed above to get under the cap.

No team in the NFL currently has the 2015 salary cap commitments the Eagles do. In fact, no team is within $10 million of the Eagles.

Here are the top five current 2015 cap responsibilities in the NFL:

• $144,766,514 … Eagles
• $131,941,818 … Cardinals
• $129,786,728 … Dolphins
• $125,454,961 … Chiefs
• $123,585,579 … Saints

Any player the Eagles release or trade after the 2014 season would give the Eagles dead money in the cap if he got a signing bonus that is still being pro-rated. To determine the amount of dead money, you simply add the remaining pro-rated amounts. The longer the player is still under contract and the larger his initial signing bonus, the higher that number will be.

How much dead money would the Eagles incur releasing some of their higher-priced veterans after the upcoming season? Remember, the cap savings is a player’s projected cap number minus dead money:

• $4 million … DeSean Jackson
• $3.2 million … Riley Cooper
• $2.6125 million … DeMeco Ryans
• $2 million … Evan Mathis
• $1.8 million … Connor Barwin
• $1.7075 million … Brandon Graham
• $1.666668 million … Cary Williams
• $1.6 million … Trent Cole
• $2.4 million … Todd Herremans
• $0 … Brent Celek
• $0 … James Casey

So you see whose jobs are in jeopardy. But it’s always risky unloading a player with a high cap figure because now you have to replace him.

If the Eagles cut ties with, say, Trent Cole, DeMeco Ryans, Cary Williams, Brent Celek, Todd Herremans and James Casey in January, they would have a net gain of $37,970,832 in cap space, which is a lot.

But that raises a whole new set of challenges.

Casey didn’t contribute last year, but Cole has been the Eagles’ best pass rusher for the past decade, Ryans was the Eagles’ defensive MVP a year ago, Williams is one of the team’s emotional leaders and a physical corner, Celek has been one of the NFC’s most consistent receiving tight ends since 2007, and Herremans has been a steady starter since late in 2005.

Which leads us to why it’s so critical that the Eagles put together a third consecutive outstanding draft.

It’s easy to get rid of expensive players. It’s a lot harder to replace them with younger, cheaper versions who are just as talented.

Eagles pick up compensatory fourth-round pick from Browns

Eagles pick up compensatory fourth-round pick from Browns

The NFL announced the list of compensatory picks for the 2017 draft and the Eagles weren't awarded any.

They're still going to get one, though. 

Thanks to the trade with the Browns to move up to No. 2 in last year's draft, the Eagles got back a conditional fifth-round pick that has now turned into a fourth. 

Basically, if the Browns received a fourth-round compensatory pick, the Eagles would get it. The Browns were awarded two (Nos. 139 and 142), so the Eagles get one. According to a league source, the Eagles will get No. 139 overall, the higher of the two.  

This is the first year teams are allowed to trade compensatory picks. The Bengals, Browns, Broncos and Chiefs were each awarded four compensatory picks. The highest compensatory pick awarded this year belongs to Miami at No. 97 in the third round. 

The Eagles still don't know where they'll pick in the first round -- either No. 14 or 15. That will be determined by a coin flip next week at the combine in Indianapolis. They have eight draft picks in total.

Eagles wise to bring Jason Peters back, even with full salary

Eagles wise to bring Jason Peters back, even with full salary

This isn't a big surprise, but Jason Peters will be back with the Eagles -- big salary and all -- for the 2017 season.

While the Eagles approached the veteran left tackle about his contract in January, Peters has not restructured his deal, according to a league source. 

NFL Network's Ian Rapoport on Thursday morning reported that Peters will be back next season on his normal contract. 

Yes, Peters is expensive in 2017. His base salary after hitting another Pro Bowl escalator written into his contract is up to $10.45 million for next season (plus a $250K workout bonus), which comes with a big cap hit of $11.7 million. That cap hit is the highest on the team, but not outlandish for a high-caliber left tackle. 

The Eagles could have very well cut Peters and moved on. It would have saved them significant cap space to use elsewhere. They just wouldn't have found any player more valuable to pay with that money. 

Peters, 35, is still their best option to protect Carson Wentz's blind side. He made his ninth Pro Bowl in 2016 after playing all 16 games. The team hasn't been shy about wanting him back and Peters toward the end of the season said he wanted to return for another year. 

"We certainly want to have him back," Eagles vice president of football operations Howie Roseman said of Peters in early January.

“I love him. I want him on the team,” head coach Doug Pederson said with two games remaining this past season. “I don’t want him to go anywhere."

With Peters back, it means Lane Johnson's eventual trip to left tackle will be held off for another year. Eventually, he'll take over that spot … just not right now. 

During the season, Peters opened up about his future, saying he hopes Wentz can be the guy who finally gets him a Super Bowl ring (see story).