Refresher On The Andrews Brothers Deals
Posted by Sam
With the news that Stacy Andrews isn't starting this weekend (don't worry, it's all going according to plan), it is probably worth reminding ourselves what the Eagles are on the hook for financially with the Andrews brothers.
Stacy's contract was reported to be a staggering (for a guy coming off of knee surgery who as it turned out was going to be moved to guard) 6 years and $38.7 million. But the Eagles didn't put in much guaranteed money. In fact, "all" they are on the hook for during 2009 is $1.62 million of base salary, a $3 million roster bonus, and a $500K workout bonus, for a total of $5.12 million. They also put in a $31,250 per game appeared in roster bonus, for a potential additional total of $500K. The remaining 5 years of the deal are worth about $32.9 million. If the Eagles decide to move in another direction, they are off the hook for that money in its entirety.
Now, is $5.6 million a lot for what boils down to a one year deal? Absolutely. But at least they have limited their exposure this year to that amount.
For Shawn, the bulk of the value of the contract extension that he signed in 2005was paid in a pair of $5 million bonuses that year and in 2006. He also got a large base salary in 2008 as a result of a performance escalator in his contract that was triggered by his Pro Bowl seasons in 2006 and 2007. From a cap perspective, though, all but $1 million of those bonuses have already been amortized, with the last proration hitting the potentially non-existent cap in 2010.
In 2009, however, the Eagles are only on the hook for a $750K base salary. He may have also received $275K in workout bonuses. His salary steps up in 2010 to $2 million, and rises steadily every year after that. So from both a cash and a cap perspective, by 2010 the Eagles commitment to Shawn will be non-guaranteed. If they wish to move on, it will be virtually costless.
A note on Max Jean-Gilles, however. During the off-season, Derek posted an analysis by KC Joyner that showed just how unimpressive Max was in the run blocking game last year. In fact, Joyner had him ranked 168th out of 185 qualifying offensive linemen in terms of run blocking success last year; nearly half of the guys ranked below him aren't starting in 2009. It will be interesting to see how Max does this year; he has to know that he failed to make the most of his last opportunity.