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By Bob Sturm 1h ago
110 days since Super Bowl 53 in Atlanta, 132 days since the Cowboys lost in Los Angeles in the playoffs, 62 days until they depart for training camp in Oxnard and 107 days until they open their season at AT&T Stadium against the New York Giants at 3:25pm (not that we are counting)…
Trust me, loyal Cowboys fan, you aren’t the only team worried about paying your quarterback.
As we sit right in the middle of NFL contract season, a look around the landscape at all of the moving chess pieces at the game’s most valuable — and costly — position provides an important lesson: Perspective is your friend.
Imagine buying a house in a city you where have just relocated, without any knowledge of the market. You have no idea about comparable houses or recent sales history, leaving you to blindly communicate with sellers and simply take their idea of value to heart. They say their home is worth $200,000, and you are simply trying to see if that fits your personal budget. How did they arrive at that number, and is it a fair asking price? That doesn’t matter. You dig the house and neighborhood, so you buy what they’re selling.
That might be a satisfactory situation for you (assuming you have cash to burn), until you find it is time to sell the home. At that point, you might receive a dose of reality when it turns out you paid twice what the home was worth and the rest of the market doesn’t care what you paid. They only care about the current market rate, leaving your home worth $120,000. Congratulations, you’re short $80,000.
The scale is obviously different, but I think this is a valuable metaphor for the going rate of quarterbacks in the NFL.
With that in mind, I made a handy visual aid for today’s Riffing topic. Here for your enjoyment are the current contracts on each team’s depth chart at the QB position. (I only listed every team’s top two quarterbacks.) These numbers are all according to Spotrac.
I am sure you are wondering about the colors. Black ink is reserved for veteran QBs, those past their rookie contracts. Keep in mind, there are two types of veteran backups; those who are content to be backups, and those who still believe they should start. Usually, if they are in the latter group, they have very short, cheap deals so they can become unrestricted free agents in short order and find their next gig. Ryan Tannehill, Jacoby Brissett and Teddy Bridgewater are probably the top three candidates for that quest to be the “next Nick Foles”.
The green ink group includes all players on rookie contracts. These guys look cheap in this post-Sam Bradford era of slotted contracts, but only for a four-year window. And cheap is all relative, as Baker Mayfield and Sam Darnold are both making nearly $500,000 a game, and Kyler Murray will start his career with $35 million guaranteed whether or not he accomplishes much. So the clock ticks on these young lads, and this forces teams to put them on the field pretty quickly to soak up those four relatively inexpensive seasons. For instance, Pat Mahomes seems really young and cheap, but there is a good chance Kansas City will sign him to a $200 million deal within the next 18 months.
The very important FA column represents each player’s free agency year. If it says “2020,” it means that “2019” is the last year under contract. In other words, this is it for Dak Prescott, Marcus Mariota and Jameis Winston.
This brings us to the color red, which represents those who are playing on the fifth year of their rookie contracts. The fifth-year option is worth nearly $21 million for quarterbacks drafted as highly as Winston and Mariota in 2015, and both of their teams are sitting in a holding pattern as they mull over whether to give their quarterbacks a sweet new veteran contract that starts at somewhere around $25 to $30 million per a season.
2015 NFL DRAFT – Top 2 picks
(thanks, Wikipedia)
In fact, there is a very good chance both franchises are watching the Dak Prescott negotiation to further decide what to do. They can either pay a QB who is still trying to develop into what they dreamed he would be four years ago or start all over next April.
Let’s compare Winston and Mariota with Mr. Prescott. Keep in mind, Prescott has played one fewer season than either of the highly-drafted quarterbacks.
Statistical Comparison, Passing Stats, 2015-2018 (Winston, Mariota, Prescott)