LeSean McCoy Signs $40 Million Contract with Bills

According to multiple news outlets (I believe Jeff McLane was the first) the Buffalo Bills and soon to be acquired running back LeSean McCoy have agreed on a whopping new contract that will pay McCoy $40 million over the next 5 seasons with $26.5 million in guarantees, $16 million of which is paid in the first year. According to Mike Garafolo he will receive a $13 million signing bonus, which, by my math, should result in a cap hit of $5.6 million in 2015.

What the move itself defies almost all logic in the NFL. It is the kind of move that is probably favored by head coach Rex Ryan, who helped mold a number of decisions in his time in New York, but it is not the first time the Bills have made such moves. In recent years they spent wildly on Mario Williams and to a lesser extent Ryan Fitzpatrick. As a comparison, Marshawn Lynch this season will receive $12 million to play in the NFL. Adrian Peterson will possibly earn $13 million. The next highest paid player will be the Bears Matt Forte at $8.2 million.

McCoy had three years remaining on his current deal at $25.25 million, of which just $1 milliom was guaranteed. The new $26.5 million guarantee, (of which $10.5M is likely guaranteed for injury only) means the Bills agreed to actually give him a raise in the hopes of appeasing the player and realizing some salary cap relief. McCoy immediately let it be known he was unhappy being traded to Buffalo which likely helped nail down this offer. His orginial cap charge was set to be $10.25 million, so the team will save roughly half that number giving them more money to try to keep Jerry Hughes.

McCoy will be 27 this season. In the last 25 years just 49 running backs at the age of 27 have run for 1,000 yards. At age 28 the number drops to 39 and then 29 at the age of 29. 14 players have done it three times. If we increase that to 1,200 yards only Barry Sanders and Tiki Barber accomplished it 3 times. If we filter our 1,000 yard years to players averaging more than 4.2 YPC its 25, 25, and 10 in the 27-29 age range. The Bills best hope that McCoy is one of those special 25 players to justify this contract.

  • buk

    The biggest argument against this deal is it’s a RB. PFT reports cap hit is 5.5m in 2015, 7.67m in 2016, 8.87m in 2017 and 8.95mil in 2018. I think the key is McCoy only counts approx. 13 mil against their cap the first two years and he is a top five player at his position. If Demarco Murray gets a similar deal, the Vikings and Bears pay Peterson and Forte the 12 and 9 mil they are owed this season plus the 11mil Lynch deal then this is the market for elite backs.
    Not the route I would go but I view McCoy as not just a RB but 1,200 to 1,300 OFFENSE from scrimmage. So Jason’s stats about fall off running from scrimmage RB after 27 is true it does not account for combined yds receiving and rushing. Bills have only 7 mil total tied up in their QB this year and only Manuel signed at QB past this year. 2.7 mil comes off their books next year as Fred Jackson contract expires. This move should give Bills 18 mil cap space this year which should allow to sign Hughes and a Guard if they choose. They don’t have much to pay their draft picks this year because no 1st rd pk. Watkin and Woods are on rookie deals until at least 2017 when the Bills can finally move on from Mario Williams as the dead money charges are small.
    I guess i’m seeing Jets pay 31yr old players like Harris and Marshall 7 to 8 mil per and Cobb and Maclin likely getting 10 mil per with the former a slot receiver. Too early to judge until we see where FA market goes in a week.

  • Tyler Ferree

    I think Rex broke the Bills.

    Though realistically if they don’t win this year that roster starts falling apart, but god, 25.5 in new guarantees and a yound stud linebacker for a 27 year old back with that atrocity of a line. Figure guarantees into year 3, this seting up to get out at least a year late, while the Eagle got out a year early the way most good teams do.

    • buk

      Again, just wait a few days until all big FA signings are complete. Jets,Colts,Eagles,Raiders,Browns,Jags all have 40 to 60 mil in cap space to spend with GM’s looking to make a splash or not get fired with another losing season. Making trades prior to free agency or resigning your own players before they hit free agency(what many teams are doing) is a sign it will be a spending bonanza once free agency starts.
      Miami just signed Suh to 19 mil per year and Maxwell already said he’s on his way to the Eagles. Maclin destination yet to be determined.

      • Tyler Ferree

        Not my point, my point is this contract has 0 logic to it (nor does Suh getting 250% of that the #5 player at the position).

  • McGeorge

    >.What the move itself defies almost all logic in the NFL. It is the kind of move that is probably favored by head coach Rex Ryan,

    That says it all! Go Rex! destroy a division rival for us.
    I’m so enjoying watching him ruin another team.
    It so much more fun being a Jets fan now that the reign of terror is gone.
    (Rex, Idzik, Tannenbaum)