Scandrick extended
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Orlando Scandrick gets extension
Updated: December 13, 2013, 4:06 PM ET
By Calvin Watkins | ESPNDallas.com
IRVING, Texas -- Dallas Cowboys cornerback Orlando Scandrick signed a two-year contract extension on Friday that guarantees him an additional $9 million, according to multiple sources.
Scandrick signed a six-year, $28.2 million deal in 2011 with $10 million guaranteed, but this new extension will make him a Cowboy until 2018.
The Cowboys guaranteed Scandrick's salary for the next three seasons.
On the season, Scandrick is tied for the team lead with 14 pass breakups and is third with two interceptions. Scandrick has taken over the starting cornerback position from Morris Claiborne and has been one of the more productive defensive backs on the team.
Updated: December 13, 2013, 4:06 PM ET
By Calvin Watkins | ESPNDallas.com
IRVING, Texas -- Dallas Cowboys cornerback Orlando Scandrick signed a two-year contract extension on Friday that guarantees him an additional $9 million, according to multiple sources.
Scandrick signed a six-year, $28.2 million deal in 2011 with $10 million guaranteed, but this new extension will make him a Cowboy until 2018.
The Cowboys guaranteed Scandrick's salary for the next three seasons.
On the season, Scandrick is tied for the team lead with 14 pass breakups and is third with two interceptions. Scandrick has taken over the starting cornerback position from Morris Claiborne and has been one of the more productive defensive backs on the team.
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Looks like the extension will save us 3.5 mill in 2015 and 2 mill in 2016. Cap hit goes back up for the last two years.
EDIT: Looks like it wil only save us 1.5 mil in 16, and same for 17-18. Good contract extension. Good for both sides, really.
EDIT: Looks like it wil only save us 1.5 mil in 16, and same for 17-18. Good contract extension. Good for both sides, really.
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Genghis Khan
The worst version of myself
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Good.
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The Clever Details Of Cowboys’ New Scandrick Contract
Mike Fisher for 105.3 The Fan | CBSDFW.com
December 13, 2013 4:53 PM
IRVING (105.3 THE FAN) – The cap-conscious Cowboys have exercised a way to reward a player while also saving money by arranging for cornerback Orlando Scandrick a contract extension that actually reduces his overall salary by 33 percent.
Under the terms of a previous contract extension in 2011, Scandrick was scheduled to make $13.5 million with no guarantees over the next three years. Now, sources tell me that under the terms of his new deal, he will make $9 million total over the course of the next three years, with all of that guaranteed.
The move does not create room for this season. But Dallas saves $4.5 million in cap and cash (including possibly $2.5 million next year). Dallas added two more years to the deal at a very affordable $3 million each. Scandrick is just 26, so he may still be playing over the course of the next five-plus years. But those final two years are non-guaranteed and therefore escapable.
Dallas is spreading out Scandrick’s base salary here. But the Cowboys aren’t resorting to their common tool of “pushing money out’’ (and then worrying about the credit-card bill later). In total, the money due Scandrick is now about two-thirds what it was under his previous deal.
The Cowboys are already planning to flip switches on clauses in the contracts of players like Brandon Carr, Tony Romo and Jason Witten to shift money around for next year in order to stay under the cap. They will also be looking at total re-do’s of the deals given Miles Austin and DeMarcus Ware, with an eye toward making one or both of them post-June 1 cut casualties.
Meanwhile, there are also efforts in place to extend Dez Bryant and Tyron Smith sometime in the next two years. And kicker Dan Bailey is a restricted free agent this offseason and is very much in Dallas’ plans.
Giving a new deal to Scandrick gets the Cowboys more room … and saves them money overall as well.
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Oh that clever, clever Goof Son.
Mike Fisher for 105.3 The Fan | CBSDFW.com
December 13, 2013 4:53 PM
IRVING (105.3 THE FAN) – The cap-conscious Cowboys have exercised a way to reward a player while also saving money by arranging for cornerback Orlando Scandrick a contract extension that actually reduces his overall salary by 33 percent.
Under the terms of a previous contract extension in 2011, Scandrick was scheduled to make $13.5 million with no guarantees over the next three years. Now, sources tell me that under the terms of his new deal, he will make $9 million total over the course of the next three years, with all of that guaranteed.
The move does not create room for this season. But Dallas saves $4.5 million in cap and cash (including possibly $2.5 million next year). Dallas added two more years to the deal at a very affordable $3 million each. Scandrick is just 26, so he may still be playing over the course of the next five-plus years. But those final two years are non-guaranteed and therefore escapable.
Dallas is spreading out Scandrick’s base salary here. But the Cowboys aren’t resorting to their common tool of “pushing money out’’ (and then worrying about the credit-card bill later). In total, the money due Scandrick is now about two-thirds what it was under his previous deal.
The Cowboys are already planning to flip switches on clauses in the contracts of players like Brandon Carr, Tony Romo and Jason Witten to shift money around for next year in order to stay under the cap. They will also be looking at total re-do’s of the deals given Miles Austin and DeMarcus Ware, with an eye toward making one or both of them post-June 1 cut casualties.
Meanwhile, there are also efforts in place to extend Dez Bryant and Tyron Smith sometime in the next two years. And kicker Dan Bailey is a restricted free agent this offseason and is very much in Dallas’ plans.
Giving a new deal to Scandrick gets the Cowboys more room … and saves them money overall as well.
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Oh that clever, clever Goof Son.
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Yeah, but hardly genius.
Scandrick pretty much guarantees himself money he probably would have never seen on the original contract. Goof Son took a funny money contract and make it more attractive for the player to give back money he would have never received so they can borrow some more.
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No, it is far from genius. It's a lesser version of kicking the can down the road like they did with Austin. It's not great, but a good deal compared to what we have seen in the past.
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It is not even "good". It is a deal. Plain and simple.
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Which is better than we have seen in the past. Sad day as a Cowboys fan to have to say that.
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Scandrick deal a win for player, Cowboys
December, 13, 2013
By Todd Archer | ESPNDallas.com
IRVING, Texas – The first reaction to the Cowboys extending Orlando Scandrick's contract two years might be confusion.
But when you look at what the Cowboys and Scandrick agreed to with the deal, then you will see it will help the team create salary-cap room over the next three years when it will need it most.
Scandrick is guaranteed $9 million on the two-year extension, but only $4.5 million is fully guaranteed at this point.
The Cowboys added $1 million to his base salary in 2014 to bring it to $4.5 million and increase his cap figure to $6.601 million. Oh my gosh, why did they do that? Well, they were planning on restructuring Scandrick’s deal anyway and this allows them to spread out the base salary that will be turned into bonus money over five years.
That move will save the Cowboys about $2.6 million in 2014. Without the extension, the Cowboys could have saved about $1.5 million.
In 2015, Scandrick has a base salary of $1.5 million. He was scheduled to make $5 million. In 2016-18, he has base salaries of $3 million each year. He was set to make $10 million ($5 million each year) from 2015-16.
So the Cowboys have saved $4.5 million over the next three years on the deal and Scandrick has gained as much as $9 million in guarantees, knowing he will be in Dallas and not a cap casualty in the near future.
Scandrick has had his best year, though the Chicago game was not a shining moment. He has shown he can be more than a nickel cornerback and has not given the job back to Morris Claiborne. Scandrick is in his fifth season and is just 26. The team hopes he can continue to play at this level for the next couple of years, which would make this move even better.
The Cowboys will be in a tough salary-cap position and will have to restructure contracts (Tony Romo, Jason Witten, Brandon Carr and potentially DeMarcus Ware) and have decisions to make on players’ futures (Miles Austin).
With Dez Bryant, Tyron Smith and Dan Bailey needing new deals over the next two seasons, the added cap space will only help the Cowboys. Bruce Carter had been in the list of players in need of contract extensions, but he has played his way off the list. Perhaps DeMarco Murray, who is also signed through 2014, can play his way on to the extension list.
December, 13, 2013
By Todd Archer | ESPNDallas.com
IRVING, Texas – The first reaction to the Cowboys extending Orlando Scandrick's contract two years might be confusion.
But when you look at what the Cowboys and Scandrick agreed to with the deal, then you will see it will help the team create salary-cap room over the next three years when it will need it most.
Scandrick is guaranteed $9 million on the two-year extension, but only $4.5 million is fully guaranteed at this point.
The Cowboys added $1 million to his base salary in 2014 to bring it to $4.5 million and increase his cap figure to $6.601 million. Oh my gosh, why did they do that? Well, they were planning on restructuring Scandrick’s deal anyway and this allows them to spread out the base salary that will be turned into bonus money over five years.
That move will save the Cowboys about $2.6 million in 2014. Without the extension, the Cowboys could have saved about $1.5 million.
In 2015, Scandrick has a base salary of $1.5 million. He was scheduled to make $5 million. In 2016-18, he has base salaries of $3 million each year. He was set to make $10 million ($5 million each year) from 2015-16.
So the Cowboys have saved $4.5 million over the next three years on the deal and Scandrick has gained as much as $9 million in guarantees, knowing he will be in Dallas and not a cap casualty in the near future.
Scandrick has had his best year, though the Chicago game was not a shining moment. He has shown he can be more than a nickel cornerback and has not given the job back to Morris Claiborne. Scandrick is in his fifth season and is just 26. The team hopes he can continue to play at this level for the next couple of years, which would make this move even better.
The Cowboys will be in a tough salary-cap position and will have to restructure contracts (Tony Romo, Jason Witten, Brandon Carr and potentially DeMarcus Ware) and have decisions to make on players’ futures (Miles Austin).
With Dez Bryant, Tyron Smith and Dan Bailey needing new deals over the next two seasons, the added cap space will only help the Cowboys. Bruce Carter had been in the list of players in need of contract extensions, but he has played his way off the list. Perhaps DeMarco Murray, who is also signed through 2014, can play his way on to the extension list.
