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jfalconsp

Dante Fowler Contract Details & Cap Numbers

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Posted (edited)

According to OTC:

2020 - Base Salary: $2 mil, Bonus: $4.67 mil, Cap number: $6.67 mil, Cap Savings If Cut: -22.33 mil

2021 - Base Salary: $13 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $18.67 mil, Cap Savings If Cut: -3.67 mil

2022 - Base Salary: $14 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $19.67 mil, Cap Savings If Cut: 15 mil

 

Edit - looks like OTC messed up the dead cap/cap savings based on guaranteed money. Spotrac looks right - 29 mil guaranteed. Updated cap savings if cut to reflect that. Makes it a 2 year deal instead of 1 essentially.

Edited by jfalconsp

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51 minutes ago, jfalconsp said:

According to OTC:

2020 - Base Salary: $2 mil, Bonus: $4.67 mil, Cap number: $6.67 mil, Cap Savings If Cut: -9.33 mil

2021 - Base Salary: $13 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $18.67 mil, Cap Savings If Cut: 9.33 mil

2022 - Base Salary: $14 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $19.67 mil, Cap Savings If Cut: 15 mil

This is actually VERY impressive in terms of structure. It's basically a one year deal with an out after that. I'll take it. 

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17 minutes ago, MAD597 said:

Gees that is a one year contract, given TD's history he will be Ray Edwards 2.0

It’s set up so it can be walked away easily after his second year if he’s not producing. Not a bad deal at all. He will need to produce, he will be getting well over 11 sack money after this year. He has promise after last season

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1 hour ago, jfalconsp said:

According to OTC:

2020 - Base Salary: $2 mil, Bonus: $4.67 mil, Cap number: $6.67 mil, Cap Savings If Cut: -9.33 mil

2021 - Base Salary: $13 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $18.67 mil, Cap Savings If Cut: 9.33 mil

2022 - Base Salary: $14 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $19.67 mil, Cap Savings If Cut: 15 mil

April Fools! Real contract is coming out soon

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25 minutes ago, 5stripes said:

It’s set up so it can be walked away easily after his second year if he’s not producing. Not a bad deal at all. He will need to produce, he will be getting well over 11 sack money after this year. He has promise after last season

Don’t try to reason, he is only here to spam the boards with BS and argue.

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3 hours ago, 5stripes said:

It’s set up so it can be walked away easily after his second year if he’s not producing. Not a bad deal at all. He will need to produce, he will be getting well over 11 sack money after this year. He has promise after last season

What’s 11 sack money what does that even mean.

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3 hours ago, Matt_The Iceman_Ryan said:

Nice one....April Fools...

Nope, this seems to be mostly accurate. Spotrac is also reporting the figures to be nearly the same as listed in the OP. The only difference is that they are saying the potential out is after 2021, not next offseason.

I don't think two competing websites would bother to go in on an April Fool's joke together, making up fake numbers on a non-premier player's contract just to mess with a handful of Falcons fans.

If they were gonna do something like that, it'd be about Brady's contract or another player with way more attention from the general public than Fowler.

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4 hours ago, Francis York Morgan said:

Really well structured. The guarantees in particular mean he has to play well if he wants to earn it past this year.

Yeah, assuming this is true then one of my concerns about this signing is alleviated by how contract was structured.

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Here's what Spotrac is reporting. Same cap hits, base salary, bonus, etc. as the OP, but different dead money/potential release year.
 

CONTRACT TERMS:3 yr(s) / $45,000,000  SIGNING BONUS $14,000,000  AVERAGE SALARY $15,000,000  GTD AT SIGN:$29,000,000  TOTAL GTD:$29,000,000  FREE AGENT:2023 / UFA
  BONUS BREAKDOWN CAP DETAILS CASH DETAILS  
YEAR   AGE  BASE SALARY  SIGNING ROSTER  CAP HIT DEAD CAP YEARLY CASH  
2020 Contract details by year 26 $2,000,000 $4,666,666  $6,666,666     $29,000,000 $16,000,000 ($16,000,000)  
2021 Contract details by year 27 $13,000,000 $4,666,666   $1,000,000   $18,666,666  $22,333,334   $14,000,000 ($30,000,000)  

POTENTIAL OUT: 2022, 2 YR, $30,000,000; $4,666,668 DEAD CAP

2022 Contract details by year 28 $14,000,000 $4,666,668   $1,000,000 $19,666,668 $4,666,668 $15,000,000 ($45,000,000)  
2023 Free Agent Year 29 UFA  
 

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4 hours ago, jfalconsp said:

According to OTC:

2020 - Base Salary: $2 mil, Bonus: $4.67 mil, Cap number: $6.67 mil, Cap Savings If Cut: -9.33 mil

2021 - Base Salary: $13 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $18.67 mil, Cap Savings If Cut: 9.33 mil

2022 - Base Salary: $14 mil, Bonus: $4.67 mil, Roster Bonus: $1 mil, Cap number: $19.67 mil, Cap Savings If Cut: 15 mil

So that means it's a 1 year 16 mil contract or a 2 year 29 mil contract if we want to get out it looks like (roughly).

Hopefully he does great and we want to keep him on.

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13 minutes ago, Vandy said:

Yeah, assuming this is true then one of my concerns about this signing is alleviated by how contract was structured.

Same here....it is hard to tell if the light went off or if last year was a fluke.

It appears that there is protection vs the latter and rewards him if it is the former.

Win win for both sides

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Per OverTheCap:

2021
Cutting him outright would be a wash... $9.3M in cap savings, but also $9.3M in dead money.
Designating him a post-6/1 cut would be a cap savings of $14M with $4.66M in dead money.
(That's a net savings of $9.33M which I assume this is where the OP got his number)

2022
Cutting him outright would be $15M vs $4.66M in dead money.
Being the final year of the deal, there is no benefit to making him a post-6/1 cut since the numbers would be the same as cutting him outright.

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15 minutes ago, k-train said:

Per OverTheCap:

2021
Cutting him outright would be a wash... $9.3M in cap savings, but also $9.3M in dead money.
Designating him a post-6/1 cut would be a cap savings of $14M with $4.66M in dead money.
(That's a net savings of $9.33M which I assume this is where the OP got his number)

2022
Cutting him outright would be $15M vs $4.66M in dead money.
Being the final year of the deal, there is no benefit to making him a post-6/1 cut since the numbers would be the same as cutting him outright.

No just posting cap savings per year according to OTC, not net savings. According to them in 2021 his cap hit is 18.67 mil with a dead cap of 9.33 mil and a cap savings if cut of 9.33 mil.

OTC is showing 29 mil in guarantees as well in their narrative, so I think they made a mistake putting it in. Dead cap and cap savings looks correct on spotrac.

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