Why Russell Wilson will play against Seahawks’ discount in 2021

Yes, this is a clickbait title.

No, I do not care, you are upset.

Simple fact is that you read it, which means it worked, so sit back and enjoy.

With the established fact, it is possible to discuss how the Tampa Bay Buccaneers hoisted the Lombardi trophy as league champions with the 2020 NFL season in the rearview mirror. By leading the Bucs to a win, the legend of Tom Brady added another chapter, and the addition of a seventh Super Bowl victory further separated Brady from the backs close to him.

The size of Brady is relevant for the 2021 league year starting on March 17 in less than four weeks, as one of the key issues facing teams in the league is the impact of the COVID pandemic on revenue for 2020 is, and the expected decline in salary cap for 2021. For the Seattle Seahawks, this will mean figuring out how to create a cap space in the coming weeks, because while OverTheCap.com is currently mentioning the Hawks that they have a projected $ 4.95 million in space, it is not a completely accurate number.

First, the number contains only 47 players under contract, and once the roster is built up to 51, it will represent an addition of at least $ 2.64 million in cap costs, even if only the minimum salary rookies are added to the roster (at $ 660,000 each)). Add an additional $ 3 million for the tenders likely to be extended to exclusive rights-free agents and restricted free agents, and suddenly Seattle looks red, even based on the $ 180 cap cap forecast million or $ 181 million.

There is now no need for a team to be over the cap, because teams can create a cap space in different ways, and it comes down to how exactly a team decides to create the space it needs. As for the Seahawks, many have asked that quarterback Russell Wilson take discounts to enable the team to put better talent around him. Many of the calls mention the ‘discount’ Brady has provided to the New England Patriots over the years, most notably a Business Insider article written in March 2020, which claims Brady ‘sacrificed at least $ 60 million in his career has’.

Now I can make the mistakes in analyzing Business Insider and poke holes in their evaluation of the discount Brady received, but it’s a long off – season and I’ll look into the details of the alleged discount at some point. in the coming weeks. For now, I’m going to one to shy away from poor analytical work, here’s the methodology of the Business Insider article (bold added is mine):

We imagine a scenario in which Brady signed new deals in 2005, 2009, 2013 and 2017 that were equivalent to the current rate for the then top quarter. In each of the four years, we gave Brady a new contract equal to the biggest contracts for veteran backs signed before that season or the previous season. We too imagine that Brady played only four seasons under each contract and then signed a new contract.

So they basically set up a scenario in which Brady signed contracts at appropriate times. In fact, Brady signed extensions in 2005, 2010, 2013, 2016 and 2019 before becoming a free agent in 2020. Brady starts every three years from 2010, rather than the four years that the Business Insider article ‘proposes’ and further on which they base their estimates.

Let us, for comparative purposes, use the same method and propose a scenario in which Wilson signs a contract every three years from 2015 and gives Wilson a contract equal to the largest contracts for veteran quarterbacks signed before that season. , or the previous season. Here’s what it looks like based on Wilson’s 2015 contract, which earned him $ 100,000 a season among the highest paid players in the NFL and his 2019 contract, which made him the highest paid player in the league.

As a reference, the contract that will be used for comparative purposes is the contract under which Aaron Rodgers played from 2015 to 2017, then the Jimmy Garoppolo contract from 2018 to 2020 and the Patrick Mahomes contract from 2021 to 2023. the same method as above , calculate Wilson’s discount.

Russell Wilson Season Discount

Year Wilson Comp Comp Player Wilson Discount
Year Wilson Comp Comp Player Wilson Discount
2015 $ 7,054,000 $ 22,000,000 Rodgers $ 14,946,000
2016 $ 18,542,000 $ 22,000,000 Rodgers $ 3,458,000
2017 $ 14,660,000 $ 22,000,000 Rodgers $ 7,340,000
2018 $ 23,786,000 $ 27,500,000 Garoppolo $ 3,714,000
2019 $ 26,286,000 $ 27,500,000 Garoppolo $ 1,214,000
2020 $ 31,000,000 $ 27,500,000 Garoppolo – $ 3,500,000
2021 $ 32,000,000 $ 45,000,000 Mahomes $ 13,000,000
2022 $ 37,000,000 $ 45,000,000 Mahomes $ 8,000,000
2023 $ 39,000,000 $ 45,000,000 Mahomes $ 6,000,000
Total $ 229 328 000 $ 283 500 000 Nvt $ 54,172,000

So, using that method, Wilson plans to play at a $ 13 million discount in 2021 compared to the highest paid quarterback in the NFL, and by the time his current contract expires, the Seahawks will have a gives discounts of more than $ 54 million. . Even excluding the 2015 season when he played the final year of his rookie contract, Wilson would be considered a discount of nearly $ 40 million over the eight years from 2016 to 2023, an average of $ 5 million per season.

Is that ‘discount’ imaginary and completely made up based on the scenario I ‘imagined’? Absolutely one hundred percent, and I did it deliberately to illustrate how lacking the methodology of the alleged $ 60 million Brady discount is. The most important thing to take away is that Russell Wilson is not going to give the Seahawks a discount, nor will he, because he is already planning to play the 2021 season at a discount of $ 13 million.

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