Lane Johnson contract – Syndication Server

Instant analysis of the Eagles agreeing to a 1-year, $33M contract extension with Lane Johnson

We’re looking at the instant analysis of the Philadelphia Eagles agreeing to a one-year, $33 million contract extension with Lane Johnson.

The Eagles are keeping the integral pieces together for the next few years and are agreeing to a one-year, $33 million contract extension with All-Pro right tackle Lane Johnson.

The move creates $10 million in cap space while keeping Johnson under contract through the 2026 NFL season.

With Johnson returning, Jason Kelce is the only player on the offensive line not signed through 2025, and it keeps the NFL’s best offensive line intact for at least the next two years.

With the first wave of free agency in the books, here’s an instant analysis of the move.

Updated look at Eagles salary cap after restructuring contracts for Derek Barnett and Lane Johnson

The Eagles converted $8.49M of Lane Johnson's base salary and $9.061M of Derek Barnett's base salary into signing bonuses, while adding 4 voidable years onto Barnett's deal, per source.

These moves create $14.041M in cap space for Philly in 2021. https://t.co/zzHTBH2rfY

— Field Yates (@FieldYates) August 3, 2021

As the Eagles take the field for their first full padded practice of the summer, the team quietly restructured the contracts of Lane Johnson and Derek Barnett.

With both moves, the Eagles add more salary-cap space.

Lane Johnson’s Eagles’ salary for 2022 now guaranteed

#Chiefs
– Mahomes: $39.9M of '23 salary/bonus g'tees
– C. Jones: $18.1M '22 bonus g'tees
– T. Hill: $2.13M bonus g'tees
– C. Henne: $750k of '21 salary g'tees#Dolphins
– B. Jones: $6M of '22 salary g'tees
– X. Howard: 2021 salary g'tees#Eagles
– L. Johnson: '22 salary g'tees

— Spotrac (@spotrac) March 19, 2021

The Eagles may or may not need Lane Johnson to once again restructure his contract, but he’ll definitely be on someone’s roster in 2022, as his salary for next season becomes fully guaranteed at 4:00 p.m. on Friday.

The third day of the new league year was the deadline for roster and option bonuses around the NFL to be paid out.

Former Eagles quarterback Carson Wentz logged a $10 million roster bonus on Friday and thanks to his contract language, Johnson will receive a $4 million option that has to be exercised between this past Wednesday and Sunday, while $7 million of his 2022 salary will be fully guaranteed as well.

2021 Option Bonus: $4M (must be exercised between the 3/17/2021 – 3/21/2021)
$7M of 2022 salary fully guarantees 3/19/2021 (injury guaranteed at signing)

In 2021, Johnson will earn a base salary of $9,565,000, a signing bonus of $4,000,000, and a workout bonus of $150,000, while carrying a cap hit of $17,848,500 and a dead cap value of $46,002,500.

His dead cap value shrinks to $28,303,996, with a cap saving of $14,238,998 if Johnson is a post-June cut next summer per Over The Cap.

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