The Philadelphia Eagles signed interior offensive linemen Jason Kelce and Isaac Seumalo to new deals in the past week but we haven’t seen their specific contract details. That is, until now.
Jason Kelce’s new contract includes a $7.57 million signing bonus and a $5.5 million base salary for 2021, the added year.— Reuben Frank (@RoobNBCS) March 7, 2019
His 2019 base salary goes from $6.5 million to $930,000 & 2020 base salary goes from $7 million to $1.5 million with a $2 million roster bonus.
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Kelce also has a $500,000 playing-time escalator in 2020 [90% of snaps].— Reuben Frank (@RoobNBCS) March 7, 2019
His average annual salary goes from $6.277833 per year to $8.166667 per year.
His cap figures:
2019: $2.44 million [was $6.5 million]
2020: $6.414 mllion [was $7 million]
2021: $8.414 million
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Kelce’s new deal allowed the Eagles to create just over $4 million in cap space, as Field Yates first reported on Wednesday.
Kelce’s deal also increases his annual value from 12th overall at his position to 10th overall. That’s a pretty reasonable figure for a guy who is arguably the best center in the entire league.
Prior to this extension, Kelce had no guaranteed money remaining in his contract over the next two seasons. The team may have felt like offering him more security would stave off his potential retirement plans. If that’s the case, it worked.
I wrote this about Seumalo’s extension when the news broke on Monday:
The terms of the deal are yet to be disclosed, which could suggest it’s a bargain for the Eagles. Agents aren’t exactly in a rush to put out modest contract numbers.
As it turns out, Seumalo’s deal is very team-friendly.
Isaac Seumalo’s extension includes $12.649 million guaranteed, with $4m signing bonus— Reuben Frank (@RoobNBCS) March 7, 2019
2019 $749,000 base, $1.739,966 cap [stays the same]
2020 $3.1M base, $4.060M cap
2021 $4M base, $4.96M cap
2022 $4.978M base, $5.938M cap
As a 3-year extension [2020-2022], it averages $5.626M
Seumalo’s avg. annual salary of $5.626 million from 2020-2022 puts him in the mid-20s as far as highest-paid guards, but by the time the deal kicks in next year he'll be in the 30s.— Reuben Frank (@RoobNBCS) March 7, 2019
Solid deal for the kid & for the Eagles. Shows they're committed to him as long-term starter.
But wait, there’s more:
Per source, Seumalo's deal includes $4M signing bonus, guaranteed 2019 salary of $749K.— Sheil Kapadia (@SheilKapadia) March 7, 2019
2020: $3.1M fully gtd.
2021: $4M gtd. for injury only. Becomes fully gtd. if on roster 3rd day of league year.
2022: $4.978M option must be exercised in first 10 days of 2020 league year.
So, Seumalo’s 2019 year remains unchanged. He’s still making peanuts (relatively speaking) as a starting player. He’s also locked in for 2020.
Should Seumalo struggle and not live up to expectations prior to next season, the Eagles can choose to chop off that 2022 year in his contract. The team could also easily get out of the 2021 year if it comes to that.
The Seumalo contract is a win-win for the Eagles. If he struggles, they can get out of it with ease. If he plays well, they’ll have a starting guard/center on a bargain contract.
Just another job well done by Howie Roseman and the Eagles’ front office.
For those wondering, the exact numbers on Brandon Graham’s new three-year, $40 million contract have yet to be announced. We do know that it’s worth $27 million guaranteed.