Brissett signs 2 year $30 million extension

[VeveJones007]

Originally Posted by Chaka

And I agreed with you on the Funchess signing – at least the part about the length of the contract. It was a bit out of character for Ballard, and while I had no objection to the player or price, I didn’t like that our upside would be limited to one year. Part of that is also that few of us, up to that point, had spent a lot of time watching Funchess so we had to trust in Ballard's talent evaluation.

I don’t see the Brissett situation as analogous, however. First, we've seen Brissett in action, both in 2017 (admittedly in a different system with different, lesser players) and in lots of preseason action since then. I've seen very few glowing reviews of his skills or performance, however.

Second, I don’t think our out-of-pocket costs would be much different under a wait-and-see approach (franchise tender scenario) than under the contract he just signed. He’d still end up with around $30 million for the next two years. And I disagree that a second franchise tender is untenable. It’s actually the third franchise tender which is nearly impossible except in the most extreme circumstances (as a practical matter, only a QB, and only someone like Peyton Manning, for instance). I recall posting the details here last season, but I ran a quick search to refresh my memory and the second year a 20% bump in pay, so it's expensive but workable. The third year is the GREATER of (1) another 44% bump in pay or (2) the average salary of the top 5 players regardless of position. So, applying these rules to the real world, if Brissett got $30 million the first franchise year, he’d get $36 million the second year, and a whopping $52 million the third year – all fully guaranteed.

This Brissett deal decreases that long-term risk. Instead of a 2nd and 3rd tag being in 2021-2022, they would now be in 2022-2023.

You also decrease the risk of Brissett having a good year, warranting a massive extension, and having that hanging over the franchise. Look at what happened with the Ravens and Flacco after their Super Bowl.