(11-27-2018, 11:45 AM)NCJag Wrote:

(11-27-2018, 11:37 AM)Rico Wrote: "If the Jaguars want to cut him after this season, it would cost them $16.5 million in dead money, though that figure drops to $9.5 million after June 1."


http://www.espn.com/nfl/story/_/id/25385...el-hackett

And if he get's injured and can't pass a physical before then?  Then he's on the hook for 2019 and a 21,000,000 albatross.

I don't believe that's true.  If he's injured they could still cut him.  Cutting or trading him would have the Jags immediately recognize the remaining $10 million in signing bonus and he's got $6.5 million in guaranteed salary that they'd be on the hook for making his dead cap number $16.5 million for next year.  Blake would only actually receive the guarantee portion of his deal next year which is $6.5 million. The $21 million figure you're quoting is if he's on the roster next year and still on his current deal.

If he's cut or traded and is healthy, he should have no problem finding a back up role somewhere and based on looking at back up QB salaries in another thread he should be able to find a salary of at least $3 million in my opinion, perhaps more.  The offsets in his deal would take whatever salary he finds elsewhere and reduce that amount from the his dead cap number for the Jags up to the $6.5 million guarantee.  So if he were to find a $3 million deal somewhere else, his dead cap number here for next year would be $13.5 million and not $16.5 million.  If he were to find a temporary starting gig somewhere at say $12 million per year, then the entire 2019 $6.5 guarantee would shift to his new team leaving the Jags with a dead cap number of just $10 million.

The offsets were put in his deal for just this scenario that played out this year.  It was a smart decision to limit the damage of his contract on the cap next year, but it would have been smarter to just let him play on the 5th year option this year and make a determination to extend him or not after the first 5 or 6 games.

Mike Dirocco apparently missed the fact that there are offsets in his deal as I don't believe he mentioned them in his article linked above. Also, I'd like to see a further explanation of how his dead cap number drops to $9.5 million after June 1st because based on what I've seen that doesn't make sense to me.

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