Penei signs 4 yr 112 million w/85 guaranteed

[badnews3123]

Keeping busy today.

[TRUMP]

dam. spening a lot of money. he's worth it but gonna start getting tight cap wise.

[bigdogchris]

At this rate we'll be fielding a few superstars and 50 odd bums in a few years.

That said, I'd rather pay OL and DL than anyone else.

[Blaming Brad]

Sewell is probably the most important and valuable player on the team. Not to mention he's the LT of the future. When was the last time the Lions had multiple players up for extensions in one offseason and actually worth it? Now do McNeill and be done.

[Felix]

Curious how this works...he has 1 yr remainsing and then there was the option year, so is extending 4 yrs making this split o er 5 yrs or 6?

[def]

Not to be that guy but a certain Rusty Hilger of this site is eating major crow. Wash it down with a bottle of old crow ole rusty boy.

[Felix]

Apr 24, 2024 14:37:23 GMT -6 Felix said:

Curious how this works...he has 1 yr remainsing and then there was the option year, so is extending 4 yrs making this split o er 5 yrs or 6?

awesome question, Felix.

Just read an article, the Lions picked up the 5th yr option this morning, so this is really spread out over 6 yrs...

Brilliant....Brad playing chess not checkers

[goldenlions]

makes too much sense not to do it now. The dude is an all-pro.

[goldenlions]

According to Spotrac (OTC has the same numbers

Year  Age    Cap Hit           Cap %      Dead Cap
2024 24     $8,167,649      3.20%      $46,707,649

2025 25     $9,540,000      3.49%      $38,540,000

2026 26     $28,000,000    9.58%      $29,000,000

2027 27     $32,000,000    10.23%    $21,000,000


POTENTIAL OUT: 2028, 4 YR, $86,986,000; $13,000,000 DEAD CAP


2028 28     $34,000,000    10.16%    $13,000,000

2029 29     $27,000,000    7.54%      $5,000,000

Pretty similar to ARSB structurally, not sure if they Cap% is based on this year or the projected increase each year.

[Blaming Brad]

Apr 24, 2024 15:27:28 GMT -6 Felix said:

Apr 24, 2024 14:37:23 GMT -6 Felix said:

Curious how this works...he has 1 yr remainsing and then there was the option year, so is extending 4 yrs making this split o er 5 yrs or 6?

awesome question, Felix.

Lol.

[badnews3123]

Apr 25, 2024 9:15:33 GMT -6 goldenlions said:

According to Spotrac (OTC has the same numbers

Year  Age    Cap Hit           Cap %      Dead Cap
2024 24     $8,167,649      3.20%      $46,707,649

2025 25     $9,540,000      3.49%      $38,540,000

2026 26     $28,000,000    9.58%      $29,000,000

2027 27     $32,000,000    10.23%    $21,000,000


POTENTIAL OUT: 2028, 4 YR, $86,986,000; $13,000,000 DEAD CAP


2028 28     $34,000,000    10.16%    $13,000,000

2029 29     $27,000,000    7.54%      $5,000,000

Pretty similar to ARSB structurally, not sure if they Cap% is based on this year or the projected increase each year.

I’d guess projected the ‘28 hit is higher and a lower % than ‘27. I know OTC usually does projections. Good news is the actual number has beat most projections the last few years.