Re: Cam Jordan Sign Extension - 5 year 60 million
 

Or...... C'est la Vie!

Re: Cam Jordan Sign Extension - 5 year 60 million
 

5 year, $55,000,000
$16,000,000 signing bonus,
$33,469,000 guaranteed,
Average annual salary of $11,000,000.

In 2015,
Jordan will earn a base salary of $969,000 and a signing bonus of $16,000,000.
Cap hit of $4,169,000

Re: Cam Jordan Sign Extension - 5 year 60 million
 

different concepts...

Re: Cam Jordan Sign Extension - 5 year 60 million
 

"The initial comparison I made on this contract was to Calais Campbell, and it looks as if that was a good way to go. Here is the cash flow comparisons on the two contracts.

Year	Jordan	Campbell
Year 0	$10,000,000	$0
Year 1	$19,600,000	$17,000,000
Year 2	$26,700,000	$30,250,000
Year 3	$36,000,000	$36,000,000
Year 4	$45,100,000	$45,250,000
Year 5	$55,000,000	$55,000,000

While the contracts are virtually identical in years 3 through 5 in terms of cash, I dont think I would consider this contract to advance the market and would still consider Campbell the starting point for many players. Campbell received favorable terms on the front end of the contract with $30 million coming his way in two seasons. While Jordan does have upside with the sack incentives, which can increase the value of his contract by $5 million, he also has downside in the form of $1.3 million in per game active roster bonuses."

This is an interesting take on Cam Jordan's contract...

Source: A Closer Look at Cam Jordan's $55 Million Contract - Over the Cap

Re: Cam Jordan Sign Extension - 5 year 60 million
 

"That said this is still a very good deal for Jordan its just not the one that really changes the dynamics of the marketplace other than having another valid data point. I’d imagine Bryce’s ECV would be pretty close for the two, especially if the Saints convert most of Jordans roster bonus and/or salary to a signing bonus next year. That has been the norm for New Orleans due to their cap situation and this will likely follow the same pattern.

The $16 million signing bonus is massive for a non-quarterback these days as more and more teams have tried to avoid the large bonuses. For example last season JJ Watt only received a $10 million signing bonus and $20 million in total prorated money after a restructure. "

A normal pay it forward contract Loomis contract, question is - will Cam Jordan's play be worth what we are essentially paying up front?!?

Source: A Closer Look at Cam Jordan's $55 Million Contract - Over the Cap

Re: Cam Jordan Sign Extension - 5 year 60 million
 

Cams' cap hits

2011 $1,405,709
2012 $1,757,136
2013 $2,108,564
2014 $2,459,991
2015 $4,169,000

new contract
Cap Hit - Dead Money
2016 $12,800,000 - $12,800,000
2017 $10,300,000 - $9,600,000
2018 $12,500,000 - $6,400,000
2019 $12,300,000 - $3,200,000
2020 $9,900,000

2016 Not sure if this has been adjusted yet with Cams numbers. so i am going with worse case here and say no. if it is we are dealing with reported cap numbers for 2016 ( - $1,140,832). over by a million. dam we mickey will have an easy off season. imagine the trees this will save from becoming pencils after the last few years.

worse case: we need to have 8 million under the cap. not too too bad. We have been dealing with worse. Pray for an unexpected bump in team revenue for a bit more breathing room. no really big ticket free agents to talk about (about 4 mill with the top 3). Another year of cuts and/or trade rumors?

2017 every one is a free agent lol. almost 40 million with just 7 top players. i like the 2 million built in cap space saving for this year.

2018 has a solid drop in dead money.

2019 seems to be the out year for the saints.

2020 is nice with no dead money involved. the usual great built in redo contract slot there.

all in all not a bad set up given the state of the escalting salary cap in the NFL. 2019 might be a bargain if all goes right.

Now Cam needs to step up and be the leader up front for this defense that this contract says he is to be.

Can Cameron Jordan become the emotional leader that Will Smith was to this team?

This a leaders contract. On the field, in the locker room, as well as a leader off the field.

FACE OF THE FRANCHISE TYPE OF MONEY FOR THE DEFENSE.

right now we are reported to be $3,894,119 under the cap.

Cameron Jordan Contract, Salary Cap Details & Breakdowns | Spotrac