March 23, 2015 - Joel Corry
Free Agency’s Big Winners
With the NFL turning its attention to the annual owners meetings, here’s a look at some of the big winners in free agency. Ndamukong Suh (DT)-Miami Dolphins: Suh re-set the non-quarterback market with a six-year, $114.375 million contract containing $59.955 million fully guaranteed. The previous non-quarterback benchmark was the six-year, $100 million contract extension (averages $16,666,667 per year) J.J. Watt received from the Houston Texans last September. Suh’s $59.955 million also sets a new standard for guaranteed money with non-quarterbacks. It eclipses the $53.25 million of guaranteed money in the seven-year, $113.45 million contract extension Calvin Johnson received from the Detroit Lions in 2012. Darrelle Revis (CB)-New York Jets: Revis getting a deal to place him at the top of the cornerback salary hierarchy was expected. His five-year contract worth $70,121,060 is clearly superior to other top cornerback deals in key contract metrics. $39 million is fully guaranteed at signing. That’s a little over $8.5 million more than the $30.481 million Patrick Peterson and Richard Sherman, the NFL’s second and third highest paid cornerbacks (by average yearly salary) have fully guaranteed at signing collectively. Julius Thomas (TE)-Jacksonville Jaguars: The Jaguars didn’t make Thomas the NFL’s second highest paid tight end because of his blocking prowess. He is expected to remain arguably the NFL’s best red zone threat at the position after receiving a five-year, $46 million deal containing $24 million in guarantees. Thomas sets a new standard for guarantees in tight end deals with the $24 million. $21 million of the $24 million was fully guaranteed at signing. Byron Maxwell-(CB)-Philadelphia Eagles: Maxwell hit the open market at the right time. This year’s group of free agent cornerbacks wasn’t nearly as impressive as last year’s group, which included Vontae Davis, Brent Grimes, Sam Shields, Aqib Talib and Alterraun Verner. He received a six-year, $63 million contract with $25 million fully guaranteed. $32 million is in the first three years. Devin McCourty (S)-New England Patriots: McCourty became the NFL’s second highest paid safety despite rejecting bigger offers from other teams. His five-year, $47.5 million contract contains $28.5 million in guarantees, which is the most ever in guarantees for a veteran safety deal. McCourty also has the best three-year cash flow for safeties with $30 million in the first three years. Rodney Hudson (C)-Oakland Raiders: Hudson reached his goal of becoming the NFL’s highest paid center with a five-year, $44.5 million contract. The Raiders were smart in using a pay as you go structure with Hudson’s deal. His cash and salary cap numbers are the same in each contract year because he is receiving salary guarantees instead of a signing bonus. Since Hudson’s $7.35 million 2016 base salary doesn’t become fully guaranteed until the third day of the 2016 league year (mid-March), the Raiders have a window to get out of the deal after the 2015 season without any cap consequences if he doesn’t pan out. DeMarco Murray (RB)-Philadelphia Eagles: Murray didn’t capitalize on a dominant season in a contract year as much as he would have at other positions because of the devaluing of running backs. Nonetheless, his five-year, $40 million contract (with $21 million in guarantees and worth a maximum of $42 million through salary escalators) makes him the first running back to switch teams in free agency with a deal over $5 million per year since Michael Turner left the San Diego Chargers for the Atlanta Falcons in 2008. Dwayne Harris (WR)-New York Giants: The Giants made Harris the NFL’s highest paid player whose primary role is returning kicks by giving him a five-year, $17.5 million contract (with $7.1 million fully guaranteed). Harris was second in the NFL in kickoff return average with 30.6 yards per return and third in punt return average (12.8 yards) during the 2013 season. It’s conceivable that Harris will be New York’s fifth wide receiver behind Preston Parker, who caught 36 passes in an expanded role because of Victor Cruz’s torn patellar tendon in his right knee. To put Harris’ deal in better perspective, Cole Beasley, who was ahead of Harris on the depth chart with the Dallas Cowboys last season as the team’s third wide receiver, recently re-upped on a four-year, $13.606 million contract with $5 million fully guaranteed. Aaron Rodgers (QB)-Green Bay Packers: The Packers maintain offensive continuity with offensive tackle Bryan Bulaga and wide receiver Randall Cobb taking hometown discounts to remain in Green Bay. Bulaga signed a five-year, $33.75 million deal. Cobb’s four-year, $40 million contract containing a $13 million signing bonus, which is the deal’s only guaranteed money, is in line with the four-year, $39.05 million contract extension Jordy Nelson signed during the initial days of training camp last season. Jeremy Parnell (OT)-Jacksonville Jaguars: Parnell signed a five-year, $32 million deal with $14.5 million fully guaranteed after serving as a backup during his five years with the Dallas Cowboys. He got his most extensive playtime in 2014 by starting five regular season games and both of the team’s playoff games because of ankle and foot injuries to starting right tackle Doug Free. Parnell received a much more lucrative contract than Free, who is two and half years older. Free re-signed with the Cowboys for $15 million over three years. The guaranteed money in Parnell’s deal is almost as much as Free’s entire contract. Follow me on twitter: @corryjoel Email me: email@example.com Joel Corry is a former sports agent who helped found Premier Sports & Entertainment, a sports management firm that represents professional athletes and coaches. Prior to his tenure at Premier, Joel worked for Management Plus Enterprises, which represented Shaquille O’Neal, Hakeem Olajuwon and Ronnie Lott.