A week ago, I wrote about the most recent contract projections from PFF for several key Bucs free agents. Now, following the Super Bowl, those projections have been updated. With that update comes increased contract projections for a couple Bucs players. WR Chris Godwin and C Ryan Jensen both could cost more than originally expected.
It’s important to remember, that while the Bucs currently have around $3 million in cap space, that number is not indicative of their actual flexibility. Several restructures are readily available to the Bucs. Some, like Cam Brate’s cap hit dropping, are already agreed to in principle. Others, like lowering Brady’s base salary to save around $8 million in cap space, will happen too. There are also other routine paths to opening cap space as well.
Here are the updated contract projections for key Bucs players. Important to note that projections for Jordan Whitehead, Carlton Davis, Leonard Fournette and Alex Cappa did not change from this article.
WR Chris Godwin
Contract Projection: 4 years, $70 million ($17.5M per year, $36.5 million total guaranteed)
This is up from PFF’s last written projection, but I had a heads up from Brad Spielberger that it was coming. That’s why I included these numbers for Godwin in my last article. It’s interesting to note that Mike Evans currently makes about $16.5 million per year. But Evans got $55 million in total guarantees. Spielberger’s projection for Godwin is almost $20 million less in that area.
I don’t think either player cares who makes more. But their agents, and the Bucs, might. That could impact negotiations this offseason. As a side note, a contract extension for Evans that could lower his 2022 cap hit makes sense for all sides. That will be something to watch this offseason.
C Ryan Jensen
Contract Projection: 3 years, $39 million ($13M per year, $24.25 million total guaranteed)
$13 million per year for Jensen is a massive jump from the $10 million he was previously projected at. It’s also over $9 million more in guaranteed money. The veteran center is about to turn 31 this offseason. Although Jensen hasn’t missed a game for the Bucs, he’s played through injuries over at least the past two seasons. At what point does his style of play start to catch up with him?
The market seems to have gone up for Jensen. $13 million per year would make him the second-highest paid center in the NFL. Given the money Tampa Bay is paying to Donovan Smith, Ali Marpet and soon Tristan Wirfs, they just can’t justify that kind of spending. I love Jensen to death, but I highly doubt he’ll be back in Tampa Bay if he’s chasing the biggest pay day he can get.