Quote:
Originally Posted by Puck
Ok. Cap money gurus
Can you explain void years ?
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It's an extra year on the contract that spreads the signing bonus out longer. As a 2 year deal with a $44 million signing bonus, there would be a $22 million signing bonus cap hit. By adding 3 void years, the signing bonus is instead spread over 5 years (maximum amortization of a signing bonus), making the cap charge $8.8 million.
Yes, technically there is a $26.4 million dead cap charge in 2028, but realistically, this is a 1 year prove it deal. If he repeats 2025 without getting injured, the Colts will work out a long term extension next offseason. If he flames out, the Colts take a $35.2 million dead cap hit next offseason, which will still save them about $11 million against the cap. If 2026 goes similarly to 2025, the Colts effectively have a somewhat pricey team option to evaluate for 1 more year. This is basically the best of all worlds for the situation the team is facing. They will be able to have their answer on whether or not Jones is the guy before committing to him.