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Ongoing Roster Updates - Free agency (5/4/2023 - Eagles Sign TE Dan Arnold)

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17 minutes ago, 20dawk4life said:

New power back 

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Bring in fat boy to take those hits off Jalen. 

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20 minutes ago, 20dawk4life said:

New power back 

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2 hours ago, kiwieagle said:

 

Say it ain’t so

I'd sign him to a Vet minimum contract ... give him a ton of carries in the 3rd and 4th quarters of all preseason games ... then cut his ass on final cuts. Cause' F the Cowboys. 

Neal could be a decent pickup, reckon he'd need about $1m a year which i can see howie going for.

does he play LB or Safety now?

Wow. 

 

 

32 minutes ago, NOTW said:

Wow. 

 

 

He was always on the cards for a restructure with his cap hit. Guessing the contract rules meant it had to be a new contract because he restructured late last year.

Frees up a lot of money next 2 years  but also kicks more money into 26-28 when he is going to be over 35, it sets us up for another run this year but the reckoning down the road is getting more brutal.

Just say no to Zeke

May be an image of 2 people and text that says 'lan Rapoport @ RapSheet The #Eagles are signing former #Steelers first-round S Terrell Edmunds, sources say, their second safety added in the last week after allowing CJ Gardner-Johnson to head to Detroit. He gets a 1-year deal. 34'

This is a great signing - five year starter with the Steelers, former first round pick.  He should be able to replace CJ with no issues.

Howie is truly amazing. Plugging holes before the draft is so huge! 

Looks like Edmunds is much more of a Box Safety ... CJGJ was more of the opposite as a coverage first Safety.

5 hours ago, Cochis_Calhoun said:

He was always on the cards for a restructure with his cap hit. Guessing the contract rules meant it had to be a new contract because he restructured late last year.

Frees up a lot of money next 2 years  but also kicks more money into 26-28 when he is going to be over 35, it sets us up for another run this year but the reckoning down the road is getting more brutal.

The mechanics of this are not hard to guess.  I doubt there is any new money in the extension -- ultimately it is simply about timing the cap hit of the contract Lane already signed.

Lane's contract called for him to be paid $14,155,000 in salary in 2023 (the vast majority of which was guaranteed) plus a $250k workout bonus, and there was about $9.8M of prior bonus to apply to the 2023 cap, for a total cap allocation of about $24.2M in 2023.  The extension will undoubtedly split that salary into $1.165M in 2023 salary (the NFL minimum salary for players with Lane's experience) and $12,990,000 to be paid immediately as an extension signing bonus.  That extension signing bonus will get allocated to the salary cap evenly over the four years of the extension (i.e., about $3.25M each year from 2023 through 2026).  So Lane's cap allocation for 2023 will be $1.165M salary + $250k workout bonus + $9.8M prior bonus allocation + $3.25M new extension bonus allocation = about $14.5M.  That is very close to the $14.8M a source in the article says is the new 2023 cap allocation.

Lane's contract called for him to be paid a total of $14.9M in 2024 ($13.4M in salary, $1.25M in roster bonus, $250k in workout bonus), but only $1.25M was guaranteed.  Combine what his contract calls for him to be paid in 2023 with that, and it comes very close to $29M.  The extension was announced as $30M guaranteed, so the extension would include a new guarantee of his 2024 salary, and they would have worked another $1M into a guarantee somehow.  Moving, say, $1M of salary from 2025 to the extension signing bonus would do it, and also account for the $0.3 difference in 2023 cap allocation.

Ultimately, this likely only moves $3.25M of the cap hit past 2025.  They will likely take that as a dead cap hit in 2026.  So, yeah, kicking the can down the road, but not really that big a deal.

An extension like this is a no-brainer for Lane to sign.  He gets almost all his 2023 money immediately (that is good just from the time value of money alone), an extra year of salary guaranteed ... and maybe got $1M pushed up from 2025 to the extension signing bonus to be included in that guarantee (or something similar)  The Eagles take on some risk by guaranteeing the 2024 salary, but not much -- Lane's performance has not been slipping so there is little reason to think they would want to move on from him a season from now.

Edmunds is a modest player. 

7 hours ago, NOTW said:

Wow. 

 

 

That's almost Daniel Jones money. To be fair, Lane is much better at football than Daniel Jones.

4 conditions for adding 'zeke to the roster

1 - vet minimum (incentives are fine)

2 - no exposed belly

3 - no Ewok style hair buns

4 - Absolutely no feed me gestures

All that weak ish is for Cowboys

So we lost some pieces but no crippling blows. Safety is now good. Edmunds and Blankenship will be fine. 

53 minutes ago, Rey said:

Yeah, this is more of a replacement for Epps who served more in a SS/Hybrid role. With that understanding in mind it's a solid spot filling signing.

Yep, he's probably an upgrade to Epps and at the very least an adequate replacement. Good move.

27 minutes ago, SkippyX said:

4 conditions for adding 'zeke to the roster

1 - don't 

2 - do 

3 - that 

4 - ish

 

2 hours ago, Uscg-green said:

So we lost some pieces but no crippling blows. Safety is now good. Edmunds and Blankenship will be fine. 

I don't think going into the season with Blankenship penciled in as a starter is very smart. Edmunds is more of a box safety than a cover safety, same can be said for Reed. Howie need's to still address FS. I wouldn't bank on a Justin Evans with his injury history either.

2 hours ago, T-1000 said:

Yep, he's probably an upgrade to Epps and at the very least an adequate replacement. Good move.

He’s nothing spectacular but has tonnes of starting experience. This is the right strategy - you have 3 guys now (Blankenship, Edmunds and Evans) on very cheap deals. They will probably add to it in with a draft pick (or failing that another vet post draft). And you are hoping two of those four guys pan out. 

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