contracts

One of my favorite buy-lows from last season got himself some new PAPER this offseason, signing a four year, $43m extension per Adam Shefter.Bengals are signing WR Tyler Boyd to a four-year, $43 million extension, league sources tell ESPN. Boyd now will be under contract through the 2023 season.— Adam Schefter (@AdamSchefter) July 23, 2019His role as the Bengals WR2 for 2019, and WR1 in 2020-2023 is cemented in stone, right?Well, as you know if you read my piece on the Kyle Rudolph extension earlier this offseason, NFL contracts as initially reported can be quite deceiving. Let’s have a look at it now that we know the full details of the structure of the guaranteed money in the deal.The ContractPer Overthecap, here’s how it breaks down:- I have conditioned myself when looking at these tables to focus on the “cap number” column and to the right of it. I do this because it lays out quite nicely what it takes for a team to cut Boyd, should they so choose year by year. This is not an exact science by any means, but I start to look for when a team can save $6m towards their cap, this is when a player starts to be in jeopardy of becoming a cap casualty.