Tag: details

Details of Creed Humphrey’s contract extension with Chiefs revealed

Check out how much Creed Humphrey will be paid on his new contract with the #Chiefs

On Thursday night, news broke that the Kansas City Chiefs are set to sign star offensive lineman Creed Humphrey to a contract extension that will make him the highest-paid center in the NFL.

Humphrey, who joined the team as a second-round pick in 2021, is among the most critical pieces of Kansas City’s front five and has cemented himself as one of the NFL’s most dominant linemen in his three seasons with the Chiefs.

Shortly after his extension was announced by NFL Network insider Ian Rapoport, details of Humphrey’s extension were posted to Twitter by ESPN’s Adam Schefter.

According to Schefter, the extension will pay Humphrey $72 million over four years with a $50 million guarantee.

Humphrey is set to be a major part of the Chiefs’ Super Bowl defense campaign in 2024 and should be expected to play with an extra edge after securing this monster extension.

Keep your eye on the former Oklahoma Sooner when Kansas City faces the Baltimore Ravens to kick off the regular season on September 5.

Trade details on Saints’ deal with Packers to pick CB Kool-Aid McKinstry

Trade details on Saints’ deal with Packers to pick CB Kool-Aid McKinstry

The New Orleans Saints made a big move in the 2024 NFL draft, cutting a deal with the Green Bay Packers so they could trade up in Round 2 and pick Alabama cornerback Kool-Aid McKinstry. But what did it cost them?

Green Bay sent the No. 41 pick to New Orleans that they originally got from the New York Jets in a trade for Aaron Rodgers last year. In exchange for that, the Saints sent their second rounder at No. 45 as well as two Day 3 picks: a fifth-round selection at No. 168 and a sixth rounder at No. 190.

Let’s lay it out a little more cleanly:

  • Saints get: No. 41 (Round 2)
  • Packers get: No. 45 (Round 2), No. 168 (Round 5), and No. 190 (Round 6)

That seems like a lot, but the Saints still own five picks in the last three rounds: three in Round 5 and one each in Rounds 6 and 7. So we can’t rule out more moves as the draft continues. We’re guessing the Saints won’t sit still between picks 41 and 150.

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Here are all the unique details of the Chiefs’ Super Bowl LVII ring

The #Chiefs’ Super Bowl LVII ring, designed by Jostens, is filled with unique details:

The Kansas City Chiefs have officially unveiled their Super Bowl LVII championship rings.

Jostens designed the ring and they have designed over 35 Super Bowl rings, more than any other company. This specific ring is wholly unique and features numerous details paying homage to the team’s history and their most recent championship-winning season.

“Jostens is proud to once again be trusted by the Kansas City Chiefs to celebrate another historic milestone for their franchise, it is an honor to continue to grow the partnership between our organizations,” said Chris Poitras SVP & GM of Jostens Professional Sports Division, via press release. “The Chiefs Super Bowl LVII Ring features thoughtful details and incredible craftsmanship. This ring captures their unique championship story and commemorates the team’s third Super Bowl victory.”

Below you’ll find a look at each unique feature of the Super Bowl LVII ring, with detailed information from the Jostens press release:

Contract details for new Chiefs DE Charles Omenihu revealed

The contract numbers for new #Chiefs DE Charles Omenihu’s two-year deal have been revealed.

The Kansas City Chiefs have signed former San Francisco 49ers DE Charles Omenihu on a two-year contract. Just as initially reported, Omenihu has the ability to earn up to $20 million with $2 million in playoff incentives each year, but the deal is essentially a two-year contract worth $16 million.

According to the folks at Over The Cap, $10.6 million is guaranteed with $8.6 million fully guaranteed at signing. He carries a low $1.08 million base salary in 2023, which increases to $6.740 million in 2024. He’ll earn $7.5 million in prorated bonus money over the two years of the deal and $510K in per-game roster bonus in 2024. He’ll earn just $170K in workout bonus over the life of the contract.

Omenihu carries a $4.8 million cap hit in 2023, which is currently the eighth-highest on the team. That cap number will balloon to $11.1 million in 2024, but will only rank as the seventh-highest on the team. That’s, of course, without any new extensions, restructures, cuts, or signings.

The Chiefs can get out of the contract after just one year, incurring just $3.75 million in dead money charges and saving $7.4 million against the salary cap. They’d have to make that decision before the third day of the 2024 league year at which point another $2 million in Omenihu’s contract becomes guaranteed.

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Keisean Nixon’s new contract with Packers includes $1.85M signing bonus, $2M incentives

Keisean Nixon’s new deal with the Packers has a base value of $4 million and $2 million in available incentives. If not void years were used, his cap number will be $4 million.

The one-year contract signed by Green Bay Packers kick returner/cornerback Keisean Nixon includes a $1.85 million signing bonus and up to $2 million in available incentives, per Aaron Wilson.

The deal has a base salary of $1.35 million and includes per game roster bonuses of $29,412 ($500,000 total) and a workout bonus of $300,000.

In other terms, this is a one-year deal worth $4 million with another $2 million in available incentives.

The incentives are tied to playing time, interceptions and Pro Bowl and All-Pro honors.

The Packers might have used up to four additional void years to spread out the signing bonus over five years on the salary, but it’s unclear if the deal is one year with four void years or just a simple one-year deal with no voids.

Without voids, Nixon’s cap number in 2023 would be an even $4,000,000. It’s simple math: $1.35 million base salary plus $1.85 million signing bonus plus $500,000 roster bonus plus $300,000 workout bonus. The incentive portion of the deal (pushing the max value to $6 million) does not count on the 2023 cap but could be realized in 2024.

His cap hit could be lowered by $1.48 million in 2023 with four void years added.

Nixon played last season on a one-year, $965,000 league minimum deal in Green Bay. He was a first-team All-Pro after leading the NFL in kickoff returns, kickoff return yards and long kickoff return.

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Contract details for new Chiefs OT Jawaan Taylor revealed

The contract numbers for new #Chiefs OT Jawaan Taylor’s four-year deal have been revealed.

The Kansas City Chiefs are set to sign former Jacksonville Jaguars OT Jawaan Taylor on a four-year contract. While they can’t officially consummate the deal until free agency opens on Wednesday, the contract numbers are already out in the wild. At face value it looks like a good contract for Kansas City, leaving the team with flexibility in 2023 and the future.

According to the folks at OverTheCap, Taylor carries a low base salary of $1.08 million in 2023, with $4.725 million in prorated bonus money and a $20K workout bonus. It brings his first-year cap hit up to $5.825 million, leaving Kansas City with somewhere around $9 million in cap space remaining for 2023. They do have several other ways to create more cap space this season, including a Chris Jones extension and a number of other restructures.

For each of the following three years after 2023, Taylor carries a $19.5 million base salary along with $4.725 million in prorated bonus money, giving him cap hits of $24.725 million in 2024, 2025 and 2026.

A total of $40 million is guaranteed at the signing of the contract and the Chiefs can realistically get out of the contract after two years, but more likely three years. Ideally, Kansas City likes what they see from Taylor in 2023 and restructure his contract next year (prior to $20 million of the deal becoming fully guaranteed on the third day of the new league year) to create some space and push money into future years when the salary cap is expected to rise.

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Aaron Jones contract details: Packers add another void year to maximize cap savings

The Packers’ restructure of Aaron Jones’ deal added a void year in 2027 and will save $11.816 million on the salary cap in 2023.

The Green Bay Packers added another void year to Aaron Jones’ restructured contract to maximize the savings on the salary cap in 2023.

Tom Silverstein of the Milwaukee Journal Sentinel confirmed the addition of a void year in 2027, meaning Jones’ deal now has void years in 2025, 2026 and 2027. The contract is for five total years – the maximum allowed for bonus proration – but voids following the 2024 season.

Per Ken Ingalls, the restructure slashed $5 million off Jones’ salary in 2023 and will end up saving the Packers $11.816 million on the salary cap this year.

Ingalls has all the details, including the year-by-year structure, on the new deal here:

Jones’ cap hit will be a little under $8.2 million in 2023, down from a little over $20 million originally. His cap hit goes up to $17.7 million in 2024 and will leave behind $6.6 million in dead cap when it voids in 2025. Altogether, it’s a two-year deal worth $32.5 million in cap room spread out over three years.

Adding the third void year in 2027 allowed the Packers to spread out $8.52 million of new signing bonus (roster bonus and base salary conversion) over five years. So while Jones will pocket the signing bonus money up front, the Packers will only count $1.7 million ($8.52 million divided by five years) on the cap in 2023. The team also slashed $5 million from his base salary to add additional savings on the cap and cash paid this year.

Overall, the Packers will pay Jones $23 million over the next two years.

Jones’ original deal (four years, $48 million) was signed in 2021. The Packers have restructured it twice (2022, 2023) in an effort to push money into the future and save money on the cap now.

In terms of cap space following the restructure, the Packers are now $4.7 million over the cap in 2023, per Over the Cap.

In 2024, the Packers could convert more of Jones’ base salary into a signing bonus to lower his cap hit but would add more money to the dead cap hit when the deal voids in 2025.

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Details on Tyrann Mathieu’s $28.3 million contract with the Saints

The Saints signed Tyrann Mathieu to a 3-year contract valued at $28.3 million in total, with a couple of void years and a 2022 cap hit of just $3.4 million:

Here’s another feather in the cap for New Orleans Saints salary cap guru Khai Harley: details are out on the team’s contract with recently-signed safety Tyrann Mathieu, and now we know the three-time All Pro carries a 2022 salary cap hit of just $3.4 million, as first reported by NewOrleans.Football’s Nick Underhill. Hired by Saints general manager Mickey Loomis more than a decade ago, Harley has managed the Saints’ cap dealings to maximize their resources and field competitive teams year in and year out. Fitting an accomplished player like Mathieu under the cap like this is impressive.

Harley helped structure the three-year, $28.3 million deal so that Mathieu is guaranteed his 2022 and 2023 salaries, giving the Saints an exit ramp in 2024 if they want it. But they have options — future restructures are possible, which could free up as much as $4.7 million in 2023 or $6.2 million in 2024 if New Orleans needs it. It’s a good deal for the player that gives the team some flexibility.

Per Nola.com’s Amie Just, Mathieu’s contract also includes a $9.5 million signing bonus and two void years in 2025 and 2026. If he plays out all three years he’s under contract for, it’ll leave behind $3.8 million in dead money once the deal expires in 2025, but that could change if the Saints do a restructure or sign him to an extension. Here are the salary cap hits at the time of signing:

  • 2022: $3.4 million ($1.5 million base salary, $1.9 million signing bonus proration)
  • 2023: $8.9 million ($7 million base salary, $1.9 million signing bonus proration)
  • 2024: $10.9 million ($7 million base salary, $1.9 million signing bonus proration, $1.5 million roster bonus)
  • 2025 (void): $1.9 million (signing bonus proration)
  • 2026 (void): $1.9 million (signing bonus proration)

So where does this leave the Saints against the salary cap? New Orleans currently ranks in the upper half of the NFL with $16.9 million to work with, but that number is a little misleading. The team still hasn’t yet signed its five rookie draft picks, which will drop them down to about $10.5 million in cap space. That’s more than enough for the Saints to add another free agent or two at above-minimum salary and carry enough cap space for operating costs during the season.

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Updated details for Chiefs DE Frank Clark’s new contract

The numbers for Frank Clark’s reworked contract are officially out and it’s a pretty great deal for the #Chiefs.

Kansas City Chiefs DE Frank Clark agreed to a reworked contract this past week and we now know the exact numbers for his new deal.

According to the folks at OverTheCap, the Chiefs lowered Clark’s 2022 base salary down to $3.725 million. That number is fully guaranteed. He’ll also receive $9.075 million in prorated roster bonus, $1,275 million in per game roster bonus and a $1.25 million workout bonus.

This move effectively lowers Clark’s cap hit from $26.3 million to $13.7 million for the 2022 NFL season. It would have cost the Chiefs $12.9 million to release Clark outright on his previous contract. Essentially, the team is paying $800K for the right to not cut Clark this year while also freeing up valuable cap space.

In 2023, Clark’s base salary balloons to $20.5 million on the reworked deal. He’ll carry a $28.675 million cap number. The Chiefs can release him with a dead cap hit of $9.075 million, but they’ll also save $19.6 million.

So Kansas City gets to put off releasing Clark for a year and when they do they’ll lose less money in dead cap space by about $3 million and free up as much as they would have freed up this season had they made him a post-June 1 cut. That’s a pretty good deal for the Chiefs, but it also is a win for Clark. It’ll allow him to try and put together the best 2022 possible and set his price once he’s eventually released by the team.

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Reports: Saints QB Taysom Hill managing plantar fascia injury

Reports: Saints QB Taysom Hill managing plantar fascia injury

Ouch. While Taysom Hill’s foot injury hasn’t kept him out of practice lately, it’s been severe enough to keep him from starting ahead of Trevor Siemian or seeing any of the usual gadget plays the New Orleans Saints like to draw up for him. And as first reported by NewOrleans.Football’s Nick Underhill (and confirmed Monday by the Times-Picayune | Advocate’s Jeff Duncan), Hill is dealing with a plantar fascia injury.

That may sound familiar: it’s the same injury that slowed down Drew Brees in 2021 (among other issues) and 2015, with former Saints tight end Jimmy Graham also limited by a partially-torn plantar fascia back in 2013. While these injuries don’t always require surgery, they can take six months or longer to fully recover from. It’s a painful condition inflaming the heel and forefoot and it makes sense that this is the reason Hill has been limited to a spectator in games.

What still doesn’t add up is that the Saints are sidelining Hill because of this injury but are fully prepared for him to play an entire game if, hypothetically, Siemian were to be injured on the first snap. They’ve made rookie draft pick Ian Book a healthy scratch the last two weeks with Hill watching the game without his helmet on as the only other active quarterback.

If something were to happen to Siemian and force Hill into a game for three quarters, would he just hand the ball off to someone else every play? What’s the logic here?

Hopefully Hill can gut it out to get on the field soon. The Saints have lost all four games Siemian has started since replacing Jameis Winston, and while a slight uptick in quarterback play won’t fix all their problems it sure would help. Their window to reaching the playoffs is getting slimmer by the week. A fifth consecutive loss to the Dallas Cowboys on Thursday night would be the longest losing streak of Sean Payton’s tenure. Hopefully the Saints have a plan to reverse this course.

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