Colts and LB Darius Leonard agree to 5 year contract extension
 

The Colts and the Maniac agree to terms on a new contract.

https://twitter.com/RapSheet/status/1424343613530644484

https://twitter.com/zkeefer/status/1424345790475116544

https://twitter.com/FieldYates/statu...50920717086720

https://twitter.com/spotrac/status/1424352943365627906

Does it include a vax shot?


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I know this is a joke, but part of me hopes this is a stipulation of the contract.

3…2…1… Incoming Fred Warner fans. [just points at Darius’ stats]

Two things that concern me with handing him such a massive contract is his stand on COVID and his history of concussions. The second is just something you deal with in the NFL. The first is his doing completely. I hope it was addressed.

Why do ESPN and other outlets keep calling him an Inside Linebacker? He's an off-ball LB, sure, but he's not on ILB.

Had to be done but damn that’s a lot of money.

Probably won’t be able to keep Okereke.

Golly gee its a little early for that isnt it

If Okereke turns out to be so good we cannot afford him (we have one 20 million dollar lb, doubt we could afford another) we will have had some great defensive years with him. I'm all in for us not being able to resign him because he is so damn good.

Darius Deserves every dime IMO.

He's played at an all-pro level for the first 3 years in the NFL, and got paid pennies doing so.

In 2023, when the new TV contracts are up, and the Salary caps go up, This contract could look like a steal.

Not that I know anything about the complex mechanisms of NFL salaries, but isn't the rain the Colts are always so far under the cap is to have the flexibility to sign great players that were drafted here?

If Darius ever had a concussion I don't remember it. He surely couldn't have had more than one concussion?

He had a pretty severe concussion in his second year with the Colts. He was out 3 weeks because he couldn't clear the concussion protocols. At that time, he indicated in interviews that he previously had concussions from playing football.

https://profootballtalk.nbcsports.co...er-concussion/

That was fast....Sportrac already has a lot of the contract details up on their website.

https://www.spotrac.com/nfl/indianap...leonard-25135/

The deal was a 5 year extension so with the last year of his rookie deal, Leonard is under contract for 6 years.

However, it looks like the contract is structured similar to Braden Smith's contract where the Colts could exit the deal early with a minimal dead cap hit.

For instance, you could view this contract as a 2 year, $43.1MM extension with the Colts exiting after the 2023 season. The only dead cap hit would be the prorated portion of the signing bonus ($8MM).

Exactly, it’s basically a 2-year extension for a guaranteed $42.3 million (my calculations are slightly different than yours, as I think he was already scheduled to make $4.2M for the colts this year), locking him to the Colts for his age 26, 27 and 28 seasons.

After that, the Colts have no further obligations to him (apart from a $6.4M injury guarantee for 2024), and will have the option (but not the obligation) of keeping him around at the following cost each of the remaining years:

Age 29 (2024) - $16.1M
Age 30 (2025) - $19.6M
Age 31 (2026) - $19.7M

Contrast this with the recent “5 year, $95M” contract signed by Fred Warner of the 49ers, and you’ll see that Leonard’s contract is indeed probably more expensive, but is not altogether clear due to the different structures used by the teams.

https://www.spotrac.com/nfl/san-fran...-warner-25169/

Warner’s is a bit more complicated than Leonard’s but basically boils down to a 2-year, $41.1M extension (though $12M of this won’t become fully guaranteed until April of 2023, but I’d still consider it essentially guaranteed because the team would have to take a $20M+ cap hit if they cut him before that).

The 49ers did more financial engineering than the Colts did to push more of the cap impact down the road. In addition to the $12.3M signing bonus (which is prorated across the contract term), they also employed a $12.6M option bonus (which is also prorated for cap purposes). This has the impact of making Warner’s contract have a smaller cap impact in the early years (you’ll see its less than Leonard’s over the first few years), but is larger later (and a bigger impact if cut). After 2023, the 49ers can keep Warner around for the following real world amounts:

Age 28 (2024) - $15.9M
Age 29 (2025) - $18.3M
Age 30 (2026) - $18.3M

Warner’s agent also negotiated a $3.6M payment if the 49ers seek to void the 2025 and 2026 years, which will help discourage the 49ers from cutting Warner.

On balance, I'd say that Leonard's contract is more lucrative in the near term, but that Warner has a better chance of seeing the end of his contract.

The difference between our numbers is the prorated portion of the signing bonus from his rookie contract which was paid out in 2018. His base salary for this year was (and remains) $3.384MM. The $20MM signing bonus from this extension will up his cash earnings this year to $23.384MM.

At that low of a cap hit at the end of the contract, Leonard will likely see it through the end.

i don't know why they changed how the call 4-3 backers but it annoys me. just like when people call a de an edge

You are correct - I had assumed the rookie bonus proration was included in the calculations, but I looked at it again and I was mistaken.

That's certainly possible. My concern, aside for the ever-present possibility of injury, is Leonard's age. He's almost a year-and-a-half older than Warner, and he'll be 31 in the final year of the contract, which is traditionally (but admittedly not necessarily) on the downside of a LB's career.

Plus Warner's contract has stronger built-in "poison pills' to discourage his release - the $3.6 million voiding penalty and the higher cap hit.

This is driving me nuts I keep seeing it everywhere. Bowen called him a ILB and a weak side backer in the same podcast. Traditional an inside backer line ups between the tackles. Not sure what they are using as the definition here.

It's because the NFL is slow to change. If they would just designate 3-4 OLB's as Edge, like most scouting services do, this would end.

I mean, either it wasn't long ago, or maybe they still do vote for FB's for the Pro Bowl.

I'm surprised they don't have a flanker position as a position group. ;)

The Colts do not run a classic 4-3 D. Who does? Im certain there were times last year he was lined up inside over a guard. He makes plays, he makes the other team change their blocking to account for him. This D is more difficult than the spill to the Wil Dungy D

Correct, in today's NFL (unless you're playing the Titans or Ravens) then you're SAM LB will only be on the field for maybe 20% of the snaps.

This is 15 years after one of the biggest solutions to rectifying the Colts 2006 run defense, was replacing Gilbert Gardner with Rob Morris. Meaning that 15 years ago the SAM LB was still important in this league.

How soon things change.

We done it right!