Category: Eagles Salary Cap

Projected contract details for the Eagles 7 player 2023 NFL draft class

With the salaries and guarantees already slotted, here’s a look at the contract details for the Philadelphia Eagles’ seven 2023 NFL draft picks

The Eagles will hold their first rookie minicamp for 2023 NFL draft picks and selected undrafted free agents in the coming days, giving the organization an up-close look at Jalen Carter, Nolan Smith, Sydney Brown, Kelee Ringo, Tyler Steen, Tanner McKee, and Moro Ojomo.

Philadelphia hopes to have all seven players under contract before the start of training camp at the NovaCare Complex this July. Still, the contract details are common knowledge thanks to the NFL’s slot for every draft pick.

According to Tom Peliserro, the Eagles will allocate $59,165,346 for this draft class over the length of the total contracts.

In the projected contract details via Spotrac, Philadelphia will be responsible for close to $10 million in allocated cap space for 2023.

D’Andre Swift’s contract: Veteran will make $1.7M with Eagles in 2023

Philadelphia traded for RB D’Andre Swift, and the veteran will make $1.7 million in 2023, the final year of his rookie deal

The Eagles traded for D’Andre Swift on Saturday, and they’ll acquire the talented dual-threat running back at a valuable bargain.

A second-round Lions pick out of Georgia; Swift will make $1.7 million in the final year of his rookie deal.

The Lions are receiving a fourth-round pick in 2025 and a seventh-rounder (No. 219) this year, while Philadelphia gets Swift and Detroit’s seventh-round pick (No. 249).

The move comes after the Lions drafted Alabama running back Jahmyr Gibbs 12th overall Thursday.

It provides a homecoming for Swift, who is from Philadelphia and attended high school at St. Joseph’s Prep, less than a 20-30 minute ride from Lincoln Financial Field.

[lawrence-auto-related count=5 category=15489 tag=1241473]

Ten highest-paid quarterbacks in the NFL after Lamar Jackson agrees to 5-year, $260M deal with Ravens

We’re looking at the ten highest-paid quarterbacks in the NFL following Lamar Jackson’s 5-year, $260 million contract extension with the Baltimore Ravens

After agreeing to a five-year, $255 million contract extension with the Eagles, with $179 million in guarantees, Jalen Hurts became the new king of quarterback contracts. 

NFL contracts are constantly resetting, and now less than a week later, Lamar Jackson is the king after agreeing to a five-year deal with Baltimore. 

Jackson’s five-year deal is worth $260 million, including $185 million guaranteed, per Tom Pelissero. On average, per year, it makes the former Louisville star the NFL’s new highest-paid player.

With the contract now set, here’s a look at the highest-paid quarterbacks in the NFL via Over The Cap.

Contract breakdown for Eagles’ QB Jalen Hurts’ 5-year, $255M extension

The details are always in the numbers, and we’re breaking down the five-year, $255 million extension signed by Eagles QB Jalen Hurts.

Philadelphia Eagles quarterback Jalen Hurts signed a five-year contract extension that, along with contract incentives, is worth $255 million.

The contract includes just over $110 million in fully guaranteed money at the point of signing, and $179 million is guaranteed in the event of injury.

The deal includes an average annual salary of $51,000,000.

Hurts talked about why he took a team-friendly deal, and the numbers suggest that the All-Pro quarterback is all-in on wins over guarantees.

In 2023, Hurts will earn a base salary of $1,010,000 and a signing bonus of $23,294,000 while carrying a cap hit of $6,154,286 and a dead cap value of $110,485,486.

Hurts has three years of options and roster bonus money, and you’ll find that most of this contract can become fully guaranteed based on his roster status.

Here’s a look at the full breakdown courtesy of Over The Cap, Spotrac, and Albert Breer.

Eagles create salary cap relief after restructuring Jordan Mailata’s contract

The Philadelphia Eagles created about $15 million in future salary cap space by restructuring the contract of left tackle Jordan Mailata

They’ll only see about $200K in 2023, but Philadelphia continues to make moves.

On Tuesday, the Eagles restructured Jordan Mailata’s contract in a move that will create $7.646 million in cap savings in 2024 and $7.779 million in cap savings in 2025 per Jeff Kerr of CBS Sports.

The move ensures that Mailata and Lane Johnson will be bookend tackles through at least the 2025 NFL season.

As has been the case for most of Howie Roseman’s deals, the Eagles use void years from 2026-29 to spread out those cap hits per NBC Sports Philadelphia.

The move creates $29.8 million in dead money in 2026 if Mailata plays out the entire contract.

Following cap numbers below per Over The Cap:

Ten highest-paid quarterbacks in the NFL following Jalen Hurts’ 5-year, $255M contract extension

We’re looking at the ten highest-paid quarterbacks in the NFL following Jalen Hurts’ 5-year, $255 million contract extension with the Philadelphia Eagles

After agreeing to a five-year, $255 million contract extension with the Eagles, which has $179 million in guarantees, Jalen Hurts is the new king of quarterback contracts. 

NFL contracts are constantly resetting, and we’ll now await deals for Joe Burrow, Lamar Jackson, and Justin Herbert.

The new deal will keep the 2020 second-round pick in Philadelphia through the 2028 season.

An All-Pro and MVP runner-up, Hurts has now erased any doubts about his status with the franchise, and now the Eagles will work towards returning to the Super Bowl.

With the contract now set, here’s a look at the highest-paid quarterbacks in the NFL via Over The Cap.

Eagles offseason checklist: Where things stand ahead of the 2023 NFL draft

Eagles offseason checklist: Where things stand after the first wave of free agency and ahead of the 2023 NFL draft

The first wave of the 2023 NFL free agency process is complete, with the Eagles quietly retooling their roster by restocking homegrown talent.

At the start of the new league year, Philadelphia had eight key contributors land lucrative deals elsewhere on the open market.

The Eagles retained six free agents while adding three new players, including former Atlanta Falcons quarterback Marcus Mariota who reached an agreement on a one-year, $5 million deal worth up to $8 million.

Howie Roseman then addressed the defense by adding safeties Justin Evans and Terrell Edmunds on one-year deals.

With the NFL draft fast approaching, here’s an updated look at Philadelphia’s offseason checklist and where things currently stand.

Updated look at the Eagles salary cap ahead of the 2023 NFL draft

The Philadelphia Eagles are among the teams with the most available salary cap space ahead of the 2023 NFL draft

Business is booming in Philadelphia, and with two first-round picks in this month’s draft, Howie Roseman has the ammo to add even more talent to a Super Bowl roster.

The Eagles entered the new league year with about $8 million in cap space and several questions, including how to formulate a massive contract extension for quarterback Jalen Hurts.

After retaining Darius Slay and James Bradberry, along with contract options for A.J. Brown, Lane Johnson, and Haason Reddick, the Birds have about $20 million in cap space.

With the draft just three weeks away, here’s a breakdown of Philadelphia’s salary cap.

LOOK: Darius Slay details how close he was to joining Ravens during contract impass with Eagles

During the latest episode of his “Big Play Slay” podcast, Slay revealed that he nearly joined the Baltimore Ravens before signing an extension with the Philadelphia Eagles.

Darius Slay is staying with the Eagles after signing a 2-year, $42 million contract extension, but the Pro Bowl cornerback almost followed Dennard Wilson to the AFC North.

During a recent episode of his “Big Play Slay” Podcast on The Volume network, the veteran cornerback says he was initially released and ultimately re-signed by Philadelphia.

According to Over the Cap’s potential transaction chart, the Eagles could have easily created $12 million in salary cap space by restructuring Slay’s deal.

With a Post June 1 release, Philadelphia would have created $17.5 million in cap space and $8.6 million in a dead salary cap.

Had the Eagles cut Slay immediately, they would have gained $3 million in cap space while gaining $22.4 million in dead cap space.

Slay provided the behind-the-scenes negotiation process and revealed that he landed a similar offer from the Ravens that nearly convinced him to move to Baltimore.

[lawrence-auto-related count=5 category=15489]

Where do the Eagles rank in positional spending among rest of NFL?

Here’s a look at the Philadelphia Eagles’ positional spending on offense and defense and where they rank among all 32 teams in the NFL

The Eagles made some noise during the 2023 NFL free agency period, inking Rashaad Penny, Terrell Edmunds, Justin Evans, Kentavius Street, Greedy Williams, Nicholas Morrow, and Marcus Mariota to deals during the first wave.

Philadelphia currently has about $20,316,938 in cap space per Over The Cap, and they’re spending about $80+ million plus on both sides of the football, with the offensive and defensive lines carrying the most significant chunk of cap space.

The Eagles will again be a Super Bowl favorite in the NFC and have one of the most talented rosters despite being 24th in average positional spending.

Here’s where Philadelphia sits in positional spending on both sides of the ball thanks to Over The Cap.