SoCalSeahawk
New member
I'm not a capologist, but I think I have this right.
The salary cap has increased 44.1% from 2014 season to the current 2018 season. If a #2 WR like Tate was signed for $6.2 million per year in 2014 (he was), in today's cap numbers that is equivolent to $8.93 million per year. If you take 8.93 million and multiply times three years (2019-2021) that comes to 26.8 million. Tyler Lockett's contract extension is for three years/$31.8 million. Subtract $26.8mil and that leaves an even $5 million. I'm speculating, but $5 million sounds about right for a signing bonus that will be added to this year's salary. This would bring his total compensation for 2018 to $7.1 million.
Initial appearance is that Lockett is getting almost exactly what Tate recieved from the 2014 Detroit Lions in terms of the percentage of the salary cap. But, Lockett is under contract and is being extended. This allows the Seahawks to give him part of his new deal as a bonus for this year. If you average out Lockett's total compensation from 2018 thru 2021, it comes to just under $8.5 million per year. In raw percentages of the salary cap, this is slightly more cap friendly than what Tate recieved in 2014.
The two contracts are very similar.
The salary cap has increased 44.1% from 2014 season to the current 2018 season. If a #2 WR like Tate was signed for $6.2 million per year in 2014 (he was), in today's cap numbers that is equivolent to $8.93 million per year. If you take 8.93 million and multiply times three years (2019-2021) that comes to 26.8 million. Tyler Lockett's contract extension is for three years/$31.8 million. Subtract $26.8mil and that leaves an even $5 million. I'm speculating, but $5 million sounds about right for a signing bonus that will be added to this year's salary. This would bring his total compensation for 2018 to $7.1 million.
Initial appearance is that Lockett is getting almost exactly what Tate recieved from the 2014 Detroit Lions in terms of the percentage of the salary cap. But, Lockett is under contract and is being extended. This allows the Seahawks to give him part of his new deal as a bonus for this year. If you average out Lockett's total compensation from 2018 thru 2021, it comes to just under $8.5 million per year. In raw percentages of the salary cap, this is slightly more cap friendly than what Tate recieved in 2014.
The two contracts are very similar.