Colts and DT DeForest Buckner agree to 2 year contract extension

[AlwaysSunnyinIndy]

https://twitter.com/AdamSchefter/status/1779842149808300254

Colts and three-time Pro-Bowl DT DeForest Buckner reached agreement today on a two-year, $46 million contract extension that ties him to Indianapolis through the 2026 season, per sources.

Colts traded the No. 13 overall pick to the 49ers in 2020 for Buckner, quickly signed him to a 4-year, $84M extension, and now, award him with another big deal.

https://twitter.com/AdamSchefter/status/1779842860004589655

New DT contracts handed out this offseason:

Chris Jones: $31.75M/year
Christian Wilkins: $27.5M/year
Justin Madubuike: $24.5M/year
Derrick Brown: $24M/year
DeForest Buckner: $23M/year
Leonard Williams: $21.5M/year

[Hoopsdoc]

That’s awesome. Defo is as good as they come and a consummate professional to boot.

I hope he retires here.

[omahacolt]

glad to get this done

[YDFL Commish]

Anybody no how the extension affects his cap number?

[sherck]

Anybody no how the extension affects his cap number?
I have read a number of articles about the extension and no one is saying that he got a signing bonus with it.

If so, then the extensions are salary obligations only for 2025 and 2026 with no cap hit ramifications for 2024.

[IndyNorm]

Good to hear. Well deserved by Defo!

[albany ed]

He's done a decent job of keeping his worthwhile players this year.

[sherck]

He's done a decent job of keeping his worthwhile players this year.
WHAT!!!! NNNNOOOOOOOOOOOO!!!! He has not broken the bank for outside free agents to replace the internal free agenst he let walk!!!!!! NOOOOO, HE SUCKS! HE NEEDS TO BE FIRED! HE DID NOT WIN THE OFF-SEASON!!!!

Is that about right? :)

[Butter]

WHAT!!!! NNNNOOOOOOOOOOOO!!!! He has not broken the bank for outside free agents to replace the internal free agenst he let walk!!!!!! NOOOOO, HE SUCKS! HE NEEDS TO BE FIRED! HE DID NOT WIN THE OFF-SEASON!!!!

Is that about right? :)

I thought I was on Reddit for a minute there.

[Chromeburn]

Colts now have 28.4 million in cap space with the resigning. Wonder if they are going to sign a player or two now.

[Chromeburn]

I thought I was on Reddit for a minute there.

That sub is insufferably stuffed with morons sometimes.

[AlwaysSunnyinIndy]

Anybody no how the extension affects his cap number?


I have read a number of articles about the extension and no one is saying that he got a signing bonus with it.

If so, then the extensions are salary obligations only for 2025 and 2026 with no cap hit ramifications for 2024.


OverTheCap has the contract details on their website.


A few highlights:

18M signing bonus prorated over 5 years (including 2 void years at the end of contract)

Nearly the entire contract is guaranteed at signing - $43.25M of the $46M will be guaranteed

2024 Cap number has been lowered to $8.35M


https://overthecap.com/player/deforest-buckner/4720

[rm1369]

According to Holder, expectations are the cap savings will be rolled to
next year:


Stephen Holder
@HolderStephen
I had the same initial reaction as everyone on the structure of DeForest Buckner’s contract (surprised). But I’ve inquired and the only plan for the add’l cap space as of now is to roll it into 2025.

That seemed the likeliest answer, as I
@KBowen1070 and I discussed earlier.

[Racehorse]

According to Holder, expectations are the cap savings will be rolled to
next year:


Stephen Holder
@HolderStephen
I had the same initial reaction as everyone on the structure of DeForest Buckner’s contract (surprised). But I’ve inquired and the only plan for the add’l cap space as of now is to roll it into 2025.

That seemed the likeliest answer, as I
@KBowen1070 and I discussed earlier.
"as of now", meaning they have not put it into a plan for a certain player, but now have the flexibility if they want to get a guy, possibly even a cap casualty player.

[Dam8610]

Anybody no how the extension affects his cap number?

https://www.indystar.com/story/sports/nfl/colts/2024/04/17/colts-nearly-double-their-salary-cap-space-with-deforest-buckner-deal/73354916007/

[rm1369]

"as of now", meaning they have not put it into a plan for a certain player, but now have the flexibility if they want to get a guy, possibly even a cap casualty player.

I’m happy to see the move. The length and structure of the Buckner extension matches exactly what I see - a 2-3 yr window with AR before big changes start in the structure of the team. I hope Ballard adds a meaningful vet or two with the available space. We’ll see though.

[Discflinger]

I hate to say it, but might have more to do with Jim. I have been telling him in spirit to sleep with Tiger.