Details of Kenny Britt’s Contract with Rams


The signing of WR Kenny Britt by the St. Louis Rams became official yesterday and via a source with knowledge of the contract we have the full breakdown of the contract.

Britt’s contract carries a value of $1,400,000 with $550,000 fully guaranteed. Britt will earn $1,000,000 in base salary in 2014, $500,000 of which is fully guaranteed for skill, injury, and salary cap termination. Britt also received a $50,000 bonus upon signing the contract. Britt can earn a $150,000 roster bonus for being on the active 53 man roster for the first game of the season, up to $100,000 in gameday active roster bonuses and a $100,000 offseason workout bonus. I believe Britt was active for 12 games last season so the initial cap charge should be $1,375,000. Britt can earn up to an additional $1.5 million in incentives, based on playing time, performance, and team success.

All things considered this is a strong contract for Britt. Between injuries, off the field issues, and lack of playing time from the Titans he would have seemed to be a candidate for a one year minimum salary deal. But Britt does have talent and the Rams were willing to go a bit higher in the hopes of finding a decent receiver, someone they have lacked for many years.



Harvey Dahl Restructured Contract Details


Yesterday we had mentioned that Rams G Harvey Dahl had restructured his contract to provide cap relief for the team and today we have the details of the move. According to a league source with knowledge of the contract Dahl actually took a pay cut of $1.25 million on  the season with an opportunity to earn that money back via incentives based on playing time.

Dahl was scheduled to earn a non guaranteed base salary of $4 million in 2013. His new base salary is a fully guaranteed $850,000 and he was also given a $1.9 million dollar roster bonus to bring the full guarantee to $2.75 million for the season. Because the contract was signed after the final preseason game the roster bonus should be prorated for salary cap purposes, which was not the Rams intention. To avoid the proration the Rams placed a player controlled void clause in the contract to allow the full roster bonus to count on  the cap in 2013.  To void the deal Dahl would be required to pay back the roster bonus.

The Rams moved $1.5 million of Dahl’s 2014 base salary into a roster bonus due on the 3rd day of the League Year, which is Dahl’s reward for accepting a potential pay cut. This forces the Rams to either pay Dahl $2 million in March or release him early in the free agency period. Such a move helps Dahl avoid being put in a similar position in 2014 if he is still in St Louis where he is asked to take a pay cut in early September.

The renegotiation was important for the sides to get done when they did as incentives placed in contracts during the season are treated as likely to be earned for salary cap purposes. By signing the contract before Week 1 they could still place NLTBE incentives into the contract.

View Harvey Dahl’s Contract and Salary Cap Page


Rams Extend Contract of Eugene Sims


The Rams have created $433,181 in salary cap space with a two year extension given to DE Eugene Sims, whose contract was set to expire after this season. Though I do not have exact details of the extension we often make estimates here and I feel confident enough to put them online. Per NFLPA records the Rams reduced Sims salary from $1,201,021 to $651,156 continuing their quirky belief in palindromes for contract figures. That seems to have been bolstered by giving Sims a prorated bonus this year that would seem to total $350,053. Sims’ base salaries in 2014 and 2015 are $950,000 and $1,650,000. If I am able to get any more information on the contract I will adjust accordingly, but at least for the 2013 season I am confident in the salary cap estimates.

The Rams also restructured G Harvey Dahl’s contract to gain $1.25 million in cap space, though I dont have enough details yet to do anything more than a pure guess as his 2014 season was also changed in the restructure. Dahls cap figure should be $2.75 million in 2013, but I’ll update that later today when and if I get more information.

These two moves should move the Rams far enough under the salary cap to function this year leaving the New York Giants as the only team that seemingly has work left to do to be cap compliant by 4PM today.

View Eugene Sims Contract and Salary Cap Page


Best & Worst Contracts: St. Louis Rams


A few weeks ago Jason LaCanfora published a list of best and worst contracts in the NFL so I thought it might make a good idea for us to do the same here at OTC, with a team by team approach. I’ll try to be a bit more analytical in terms of why money was paid and how it fits in the market, but the general premise is the same. The one key difference is outside of restructured rookie contracts under the old CBA we will only use veteran contracts as there is a big difference between best draft picks and best contracts.  Please note that there is a difference between a bad player and a bad contract when discussing some of the selections. Clicking on a players name will take you to his salary cap page.

Jake LongBest Contract: Jake Long

I am not a big fan of many of the contracts that the Rams have given to players in recent years, but I have found the deal for Long to be one of the more intriguing contracts in the NFL. It was not long ago that Long was the number 1 pick in the draft and was considered one of the best two tackles in the NFL. From 2008 through 2010 Long was a dominant player for the Miami Dolphins before the bottom seemingly dropped out. Long was plagued by injuries and his play slipped tremendously.

Between the market dropping for Tackles and his decline in play, Long was a very difficult player to put a price tag on. Teams were still willing to designate Left Tackles at Franchise players so the upper end was clearly $10 million, but was Jake Long still close to an upper echelon player?  Injury was the biggest concern for signing Long as he finished the last two seasons on IR so the Rams needed ways to protect themselves from that while also giving Long a chance to be paid as an upper tier player.

The Rams agreed on a contract that only fully guaranteed Long’s 2013 salary, which consisted of a $5 million dollar signing bonus and $3 million dollar base salary. In 2014 his contract contains conditional guarantees where the condition is not based on February or March roster status, which is the typical manner in which a conditional guarantee vests, but instead on finishing the 2013 season on the Active roster.

If Long fails to stay healthy the Rams will have gotten Long at a $2 million dollar discount from a true Franchise tag player, which is not a bad deal by any means considering the upside. While the dead money will be $3.75 million, which is significant, it was the only contract that could fit Long into a very tight salary cap situation in 2013.

If Long remains healthy the Rams are still only obligated to pay him $16 million over a 2 year period, again a very reasonable cost for someone with the type of potential Long has.  They have a second decision date the following year in which a portion of his 2015 salary becomes guaranteed if they fail to cut him by the 5th day of the League Year, giving them another out in the event injury becomes a major deterrent in his success. At that point the dead money is only $2.5 million, making it an easy decision for the Rams.

Jared CookWorst Contract: Jared Cook

In the last few years the Rams have become a team of over spenders, both on their own players and outside players.  To some extent I think this is a calculated risk that the Rams are taking. For years the Rams had not been considered an ideal destination for players to consider and I think in many ways this may have been a necessary evil to attract talent and begin to get people talking around the league about how the Rams could be a landing spot as free agency preparations begin.

Most of the contracts do contain some protection for the Rams in that they contain very low signing bonuses and have all the guarantees paid out by the second year, meaning at worst it’s a two year risk. So while the players are overvalued there is always a correction that can happen right around the corner. I’m not sure Cook is one of those players.

In terms of price tag it is hard to believe that the Rams paid Cook this kind of money. While I understand how the league has become more focused than ever on the TE position that doesn’t mean you overpay for a player with limited starting experience and very little stats to back up his play. Cook has started a grand total of 12 games in four seasons. His three year yardage average is around 550 yards. He has never scored more than 4 touchdowns in a season.  And for this the Rams paid Cook over $7 million a season with an incredible $16 million in guarantees.

Unlike the other bad contracts on this team Cook’s guarantees extend into his third season on the club. There is really no escape from this deal at any point. This is significantly worse than the Jaguars deal years ago with Marcedes Lewis. At least in Lewis’ case he had a big year in his walk year and had the 1st round pedigree. Cook only has expectations because he can be a big play threat at times.

Some will point to the poor QB situation in Tennessee as a reason to be hopeful but is Sam Bradford that much of an upgrade over Locker/Hasselbeck?  I’m not so sure and their offensive coordinator was never a big “run it through the TE” type in New York so I don’t think that will change either. The Titans who were huge overspenders this year had no desire to touch the price that was being floated by Cook.  Even the Dolphins who were buying everything in sight could not justify matching this offer. Cook is going to have to see a major upgrade to his game to ever justify this contract.

Check out Our Other Best & Worst Contract Articles

AFC East: Buffalo BillsMiami DolphinsNew England PatriotsNew York Jets

AFC North: Baltimore RavensCincinnati BengalsCleveland BrownsPittsburgh Steelers

AFC South: Houston TexansIndianapolis ColtsJacksonville JaguarsTennessee Titans

AFC West: Denver BroncosKansas City ChiefsOakland RaidersSan Diego Chargers

NFC East: Dallas CowboysNew York GiantsPhiladelphia EaglesWashington Redskins

NFC North: Chicago BearsDetroit LionsGreen Bay PackersMinnesota Vikings

NFC South: Atlanta Falcons, Carolina PanthersNew Orleans SaintsTampa Bay Buccaneers

NFC West: Arizona Cardinals, St. Louis Rams, San Francisco 49’ers(July 31)



News that will shock Jets fans – Rams release Wayne Hunter

Sorry for the delay in posting everyone, had some things to take care of this past week. Anyway, in a move that will undoubtedly send some Jets fans into cardiac arrest as it is so surprising, the Rams released Wayne Hunter. Of course, Hunter was the much-maligned right tackle who manned the spot on the Jets offensive line once Damien Woody’s departed the team. After struggling for much of the 2012 preseason, the Jets shipped Hunter to St. Louis in exchange for another tackle, Jason Smith. While Hunter’s release was expected by many fans, what most probably didn’t know was his salary cap figures the last couple years.

Former Jets General Manager Mike Tannenbaum signed Hunter to a four-year, $13 million dollar contract after the lockout in 2011. After a disappointing 2011 season,  the Jets had a chance to escape the rest of the contract by releasing Hunter soon after the season concluded. However, the team chose not to go this route and Hunter’s 2012 base salary of $2.45 million became guaranteed. A $50,000 workout bonus increased his 2012 cap hit to $2.5 million. As mentioned, the Rams picked up his contract when they traded for him last August. For this upcoming season, Hunter had a non-guaranteed base salary of $3.95 million with a $50,000 workout bonus, bringing his cap hit to an even $4 million. With no guaranteed money left to pay, the Rams save $4 million on their 2013 cap from this no-brainer release. Hunter would have had cap hit of $3 million ($2.95 million base salary + $50,000 workout bonus) in 2014, the final year of the deal if he were still on the team. Hunter would have been the 8th-highest cap hit on the Rams this season.

As several Jets fans would have told St. Louis last August: told ya so!

To check out the Rams salary cap situation, click here


P.S., I’d also like to extend a welcome to Jim, the newest writer here at OTC. Looking forward to reading the new contributions!