Any of you cap experts know the deal with Justin Britt's contract extension?
If what I'm reading is correct, the only truly fully guaranteed part of his big extension is the $5M signing bonus. If we were to cut him before the 5th day of the 2018 NFL league year, which starts at 4:00 PM, March 14, the cap hit for 2018, and total dead money from cutting Britt, would only be $3.75M.
http://www.spotrac.com/nfl/seattle-seahawks/justin-britt-14474/
https://overthecap.com/player/justin-britt/3003/
So cutting Britt would actually open up nearly $2.5M in cap space for 2018. More importantly it would remove cap hits of $8M in 2019 and $11.7M in 2020, when Russell Wilson and Bobby Wagner are scheduled to become free agents.
Of course that means the team would lose one of the two best players on an already weak offensive line. However, Britt clearly regressed in 2017 and thus far in his career he's only had one above-average season. On top of that, the Seahawks drafted a possible replacement in the 2nd round last year in Ethan Pocic, who gained some valuable starting experience over the second half of the season. Pocic was often overpowered at RG, but would face a lot fewer one-on-one matchups playing at center, the position he played his final two years at LSU.
Is Britt worth the huge extension that made him the 3rd highest paid center in the NFL? A lot might depend on the new offensive staff, as well as the assessment of Pocic's potential.
If what I'm reading is correct, the only truly fully guaranteed part of his big extension is the $5M signing bonus. If we were to cut him before the 5th day of the 2018 NFL league year, which starts at 4:00 PM, March 14, the cap hit for 2018, and total dead money from cutting Britt, would only be $3.75M.
In 2018, Britt will earn a base salary of $2,750,000, a roster bonus of $500,000 and a signing bonus of $5,000,000, while carrying a cap hit of $6,166,666 and a dead cap value of $8,750,000.
- 2018 salary + 2018 option bonus fully guarantee on 3/18/2018
2018-20 Per Game Active Bonus: $31,250 ($500,000)
If the 2018 optiion is declined, 2018 salary increases to $7.75M, 2019-20 years void
http://www.spotrac.com/nfl/seattle-seahawks/justin-britt-14474/
In 2018 Britt is due a $5,000,000 option bonus by the 5th day of the 2018 league year, if the team declines the 2018 salary increases to $7,750,000. The 2018 salary is guaranteed for injury only at signing and becomes fully guaranteed on the 5th day of the 2018 league year.
https://overthecap.com/player/justin-britt/3003/
So cutting Britt would actually open up nearly $2.5M in cap space for 2018. More importantly it would remove cap hits of $8M in 2019 and $11.7M in 2020, when Russell Wilson and Bobby Wagner are scheduled to become free agents.
Of course that means the team would lose one of the two best players on an already weak offensive line. However, Britt clearly regressed in 2017 and thus far in his career he's only had one above-average season. On top of that, the Seahawks drafted a possible replacement in the 2nd round last year in Ethan Pocic, who gained some valuable starting experience over the second half of the season. Pocic was often overpowered at RG, but would face a lot fewer one-on-one matchups playing at center, the position he played his final two years at LSU.
Is Britt worth the huge extension that made him the 3rd highest paid center in the NFL? A lot might depend on the new offensive staff, as well as the assessment of Pocic's potential.