It was pretty shocking when the news emerged that Alshon Jeffery signed with the Philadelphia Eagles for only a one-year deal. Many expected the premier free agent wide receiver to get a big pay day in free agency. That clearly wasn’t the case.
Part of the problem is that Jeffery comes with baggage. He’s had a number of soft tissue injuries throughout his career. He’s also one PEDS suspension away from missing 10 games. The Eagles took a risk by signing him.
It was a calculated risk by the Eagles, though, as seen in Jeffery’s contract numbers. The deal that was first reported is $14 million over one year. The reality is it’s a one-year deal worth $9.5 million ($8.75 million guaranteed) and $4.5 million in incentives.
75 through 79 = $500,000
80 through 84 =$1,000,000
85 or more = $1,500,000
1,000 through 1,009 = $500,000
1,100 through 1,119 = $1,000,000
1,200 or more = $1,500,000
7 or 8 = $250,000
9 or 10 = $500,000
11 or more = $750,000
Pro Bowl berth = $150,000
First-team All Pro = $150,000
Playing 90% of offensive snaps = $150,000
Playing in 80% of offensive snaps AND Eagles win 10 games OR Eagles make the playoffs = $150,000
Per ESPN’s fantasy football projections, Jeffery is expected to have 76 receptions for 1,064 yards and six touchdowns this year. That would mean he earns at least another $1 million. It’s always possible this projection is too modest and Jeffery blows these stats out of the water. He has that kind of potential. The downside is also there.
The overall takeaway here is that Jeffery should be pretty motivated to have a huge year. Not only will he earn a lot of extra money this year, but he’ll also position himself for a big contract signing after this season.
The Eagles minimized some of the risk that came with signing Jeffery by signing him to a short-term deal with incentives. If he plays well, that’ll be great for Carson Wentz and the success of the team. It’ll be a no-brainer to re-sign him. If not, they can move on after this season.
It’s fun to know we can now calculate Jeffery’s bonuses as the season progresses.