Gerald McCoy’s Upcoming Contract Extension Won’t Be As Expensive As You May Think?By Leo Howell - Feb 2nd, 2014 at 1:09 pm
January 26, 2014; Honolulu, HI. Team Rice quarterback Alex Smith of the Kansas City Chiefs (11) is pressured by Team Sanders defensive tackle Gerald McCoy of the Tampa Bay Buccaneers (93) during the 2014 Pro Bowl at Aloha Stadium. Team Rice defeated Team Sanders 22-21. Kirby Lee-USA TODAY Sports The Tampa Bay Buccaneers have multiple players to lock up for the long-term over the next few seasons, as the contracts of Doug Martin, Lavonte David, and Gerald McCoy will eventually require extensions. General manager Jason Licht has already mentioned that maintaining the core of the team is important, so expect to see a priority placed on securing long-term deals for these players, with McCoy being the most pressing need for an extension. McCoy is entering the final year of his rookie contract, which was signed under the old Collective Bargaining Agreement. It’s that last bit of information that is worth mentioning, because it dispels a primary concern many Buccaneer fans have. There have been comments and tweets from fans who want to trade Darrelle Revis or release Davin Joseph just to make room to re-sign Gerald McCoy. The Bucs don’t need to do that. Because McCoy was drafted as a top pick under the old CBA, his contract as a rookie was incredibly overpriced, and he began his career as one of the highest paid players at his position despite never playing a single snap. McCoy’s final year of his contract will earn him just under $13 million, with his cap number higher than that due to bonuses. Should McCoy receive an extension this offseason, and demand to be the highest paid player at his position, he’d not even require a raise. Ndamukong Suh is the other highly paid defensive tackle in the NFL, and his contract has a yearly average of $12.9 million, but has a 2014 total lower than McCoy’s, according to Spotrac. Past McCoy and Suh, who both received their rookie contracts at the same time, there is only one other defensive tackle with an average yearly salary over $10 million (Geno Atkins). If the Buccaneers are able to leverage this into convincing McCoy to accept a similar or lesser contract, they could actually save money in the short-term by extending his contract. No matter what happens, there is no need for the Buccaneers to move any players to afford an extension for McCoy. There is plenty of cap space this offseason to afford a few decent signings in addition to an extension for the Buccaneers’ dominant man in the middle. http://thepewterplank.com/2014/02/02/gerald-mccoys-upcoming-contract-extension-wont-expensive-may-think/
Past McCoy and Suh, who both received their rookie contracts at the same time, there is only one other defensive tackle with an average yearly salary over $10 million (Geno Atkins). If the Buccaneers are able to leverage this into convincing McCoy to accept a similar or lesser contract, they could actually save money in the short-term by extending his contract.
Bucs have no leverage to get McCoy to take a paycut. His franchise tag number is upward near $16M. Stafford, Joe Thomas and Calvin Johnson were all pre-CBA high picks and their extensions were for serious increases. Atkins' deal is irrelevant. Lions and Bucs have 3 options: 1. Give Suh and McCoy what they want. 2. Tag them at numbers so high it will bust their cap 3. Let them test the market. Either way both teams are screwed.
Give it up.. McCoy is going to get paid deservedly.He's going to be paid like a top 2 DT.. Which he is.
Suh will get over $100M
Suh will get over $100M
I'll be fairly surprised unless it's a seven+ year contract with non-trivial amounts of funny money late in the contract.
Suh will get over $100M
Nope...but when it comes in lower than that Im sure you'll find a way to explain how you werent wrong about this subject.
Don't buy this one bit. We don't have leverage here. If we don't pay him some team will. He's 26 and clearly one of the best and most disruptive D-linemen in the game. If anything the Seahawks SB performance helped put a few more dollars in his pocket. Teams now really see the importance of putting pressure on a QB. It will be as expensive as we think and he's so worth it.
Past McCoy and Suh, who both received their rookie contracts at the same time, there is only one other defensive tackle with an average yearly salary over $10 million (Geno Atkins). If the Buccaneers are able to leverage this into convincing McCoy to accept a similar or lesser contract, they could actually save money in the short-term by extending his contract.
Bucs have no leverage to get McCoy to take a paycut.
Uh, ya they do.Just put his 3rd down stats while leading in the 4th Qtr of a game in the rain on Thursdays.McCoy's team will have no choice but take a pay cut.
Don't buy this one bit. We don't have leverage here. If we don't pay him some team will. He's 26 and clearly one of the best and most disruptive D-linemen in the game. If anything the Seahawks SB performance helped put a few more dollars in his pocket. Teams now really see the importance of putting pressure on a QB. It will be as expensive as we think and he's so worth it.
I disagree with you and JC5100 on this. We have the leverage of a long term contract with guaranteed money. While placing the franchise tag on him a couple seasons would get expensive on our end, giving him a 6 year deal with say $50 million in guaranteed money is a HUGE point of leverage on a game this violent.
I disagree with you and JC5100 on this. We have the leverage of a long term contract with guaranteed money. While placing the franchise tag on him a couple seasons would get expensive on our end, giving him a 6 year deal with say $50 million in guaranteed money is a HUGE point of leverage on a game this violent.
Honestly, I think it'll be more than that. Just not the $16-20 million per year or so a $100 million contract would imply. I think the Atkins contract *does* set precedent. I'll be wholly unsurprised if McCoy and Suh get more than Atkins did, but I just can't see it being half again or twice as much. My guess is that both of their contracts will wind up in the $12 million per year ballpark. But yes, as you say, the potential for a longer-term guarantee is a good thing from the player's perspective. Actual franchise players tend to grouse when they get hit with a franchise tag, even with the amount for the year is up there.
I disagree with you and JC5100 on this. We have the leverage of a long term contract with guaranteed money. While placing the franchise tag on him a couple seasons would get expensive on our end, giving him a 6 year deal with say $50 million in guaranteed money is a HUGE point of leverage on a game this violent.
Honestly, I think it'll be more than that. Just not the $16-20 million per year or so a $100 million contract would imply. I think the Atkins contract *does* set precedent. I'll be wholly unsurprised if McCoy and Suh get more than Atkins did, but I just can't see it being half again or twice as much. My guess is that both of their contracts will wind up in the $12 million per year ballpark. But yes, as you say, the potential for a longer-term guarantee is a good thing from the player's perspective. Actual franchise players tend to grouse when they get hit with a franchise tag, even with the amount for the year is up there.
Yea, I was just throwing out some numbers off the top of my head to counteract the "we have no leverage" argument. When you are the one handing out the money, you have a lot of leverage. They will both get more than Atkins, but it wont be 150% of what he got like some think.
Don't buy this one bit. We don't have leverage here. If we don't pay him some team will. He's 26 and clearly one of the best and most disruptive D-linemen in the game. If anything the Seahawks SB performance helped put a few more dollars in his pocket. Teams now really see the importance of putting pressure on a QB. It will be as expensive as we think and he's so worth it.
I disagree with you and JC5100 on this. We have the leverage of a long term contract with guaranteed money. While placing the franchise tag on him a couple seasons would get expensive on our end, giving him a 6 year deal with say $50 million in guaranteed money is a HUGE point of leverage on a game this violent.
6yrs/$50 million guaranteed is a win for Mccoy. A huge win in fact and much more than Atkins (just $31 million). He wont get franchised either as that number would be close to $20 million..McCoy is going to be expensive. Theres no way around it.
You pay for good players.
You pay for good players.
This .... End thread
Don't buy this one bit. We don't have leverage here. If we don't pay him some team will. He's 26 and clearly one of the best and most disruptive D-linemen in the game. If anything the Seahawks SB performance helped put a few more dollars in his pocket. Teams now really see the importance of putting pressure on a QB. It will be as expensive as we think and he's so worth it.
I disagree with you and JC5100 on this. We have the leverage of a long term contract with guaranteed money. While placing the franchise tag on him a couple seasons would get expensive on our end, giving him a 6 year deal with say $50 million in guaranteed money is a HUGE point of leverage on a game this violent.
6yrs/$50 million guaranteed is a win for Mccoy. A huge win in fact and much more than Atkins (just $31 million). He wont get franchised either as that number would be close to $20 million..McCoy is going to be expensive. Theres no way around it.
Its a win for both sides man. Suh and McCoy will both get more than Atkins, but his deal is certainly a blueprint. If we end up signing McCoy for around $12 mil a year with $50 mil of it being guaranteed its a win for him with a long term deal and its a win for us by lowering his current cap hit. Win win situation.
