Bear Pride
Bears Gonna Shock the World!
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There has been a lot made of what we're paying Glennon, especially with the addition of Trubisky, so I'd like to clear up some things up in order to hopefully squash the money arguments being made. Keep in mind, the Bears are still in good cap position, and likely will clear up another $15 mil + by releasing players such as Royal, Houston, etc.
First, let's look at Glennon's contract. I've highlighted everything that is guaranteed in red. I've also highlighted each years salary cap hit (the total cap hit against the cap in that year) in green:
Mike Glennon's Contract
Much has been made of the guaranteed amount of $18.5 mil. However, his cap hit, or total against the 2017 cap is only $14 mi. That puts Glennon tied for #20 for the highest cap hit for a starting QB in the NFL. That means that 19 other teams are paying their starting QB more money than the Bears are for 2017. To put this in perspective, I've posted the top 10 cap hits for QB's in the NFL below for 2017. If you'd like to view the entire list, please review here (courtesy of spotrac.com):
2017 Quarterback Cap Hit Rankings
Now, before the nancies chime in and point out that all these QB's are better than Glennon (maybe why they're getting paid more :thinking
, let's remember we are talking only about money allocated to the most important position for a NFL team. If you review the full 2017 QB Cap Hit Rankings, you might also notice that there are some young QB's at the bottom of the list that you might say are better than Glennon as well. That's because they are on rookie contracts.
Let's look at one rookie contract, in particular, as he was drafted at #2 last year (albeit, by a team that traded much more than the Bears to move up and get him)..... Carson Wentz. Wentz also came from a small program and had similar stats as Trubisky. This should give us a close idea of what we can expect for a contract for Trubisky, as they were both drafted at #2 in a 'slotted' draft salary:
Carson Wentz's Conract
That works out to $26.2 Mil guaranteed. However, I believe the Bears will structure their contract with Trubisky much better, imo (another thread). The bottom line is that with both Glennon's and Trubisky's contracts, the Bears will being paying both for about the same amount as a top ten QB in the NFL for 2017, and less than Stafford alone.
The main point I'm trying to make is that Pace has NOT broken the bank account to address the present as well as the future for the QB position moving forward. Especially, since the Bears still have quite a bit of cap money to spend now and in the future.
The best scenario would be for Glennon to play well enough in 2017 that we could trade him for a draft pick. However, his cap hit for 2018 would be $16 Mil, yet we could cut him and save another $11.5 Mil of that amount for next year.
With a dead cap amount of $4.5 Mil + Trubisky's salary for 2018, the Bears would be allocating approximately $10-$12 Mil or so for the QB postion for the next year, and approximately $6-$9 Mil for the next 4 years. I'd say that puts the Bears in good position for the QB position moving forward for the next 4-5 years. Especially, since the average starting QB salary right now is about $18 Mil, and will probably increase in that time.
In conclusion, it's time we start talking about other positions, imo, as Pace has taken the #3 pick (hopefully we don't pick that high again), and turned it into a reasonable contract scenario, and solid QB depth for the next half decade.
First, let's look at Glennon's contract. I've highlighted everything that is guaranteed in red. I've also highlighted each years salary cap hit (the total cap hit against the cap in that year) in green:
Mike Glennon's Contract
| Age | Base Salary | Signing | Roster | Cap Hit | Dead Cap | Yearly Cash | |||
|---|---|---|---|---|---|---|---|---|---|
| 2017 | 27 | $8,000,000 | $1,000,000 | $5,000,000 | $14,000,000 | $18,500,000 | $16,000,000($16,000,000) | ||
| 2018 | 28 | $12,500,000 | $1,000,000 | $2,500,000 | $16,000,000 | $4,500,000 | $15,000,000($31,000,000) | ||
| 2019 | 29 | $12,000,000 | $1,000,000 | $2,000,000 | $15,000,000 | $1,000,000 | $14,000,000($45,000,000) | ||
| 2020 | 30 | UFA | |||||||
Contract Notes:
|
Much has been made of the guaranteed amount of $18.5 mil. However, his cap hit, or total against the 2017 cap is only $14 mi. That puts Glennon tied for #20 for the highest cap hit for a starting QB in the NFL. That means that 19 other teams are paying their starting QB more money than the Bears are for 2017. To put this in perspective, I've posted the top 10 cap hits for QB's in the NFL below for 2017. If you'd like to view the entire list, please review here (courtesy of spotrac.com):
2017 Quarterback Cap Hit Rankings
| 1 | Tony Romo | $24,700,000 | |
| 2 | Joe Flacco | $24,550,000 | |
| 3 | Carson Palmer | $24,125,000 | |
| 4 | Kirk Cousins | $23,943,600 | |
| 5 | Matt Ryan | $23,750,000 | |
| 6 | Matthew Stafford | $22,000,000 | |
| 7 | Aaron Rodgers | $20,300,000 | |
| Ryan Tannehill | $20,300,000 | ||
| 9 | Cam Newton | $20,166,666 | |
| 10 | Philip Rivers | $20,000,000 |
Now, before the nancies chime in and point out that all these QB's are better than Glennon (maybe why they're getting paid more :thinking
, let's remember we are talking only about money allocated to the most important position for a NFL team. If you review the full 2017 QB Cap Hit Rankings, you might also notice that there are some young QB's at the bottom of the list that you might say are better than Glennon as well. That's because they are on rookie contracts.Let's look at one rookie contract, in particular, as he was drafted at #2 last year (albeit, by a team that traded much more than the Bears to move up and get him)..... Carson Wentz. Wentz also came from a small program and had similar stats as Trubisky. This should give us a close idea of what we can expect for a contract for Trubisky, as they were both drafted at #2 in a 'slotted' draft salary:
Carson Wentz's Conract
| Age | Base Salary | Signing | Cap Hit | Dead Cap | Yearly Cash | |||
|---|---|---|---|---|---|---|---|---|
| 2016 | 23 | $450,000 | $4,400,243 | $4,850,243 | $26,226,338 | $18,050,973($18,050,973) | ||
| 2017 | 24 | $1,662,561 | $4,400,243 | $6,062,804 | $21,826,095 | $1,662,561($19,713,534) | ||
| 2018 | 25 | $2,875,122 | $4,400,243 | $7,275,365 | $15,763,291 | $2,875,122($22,588,656) | ||
| 2019 | 26 | $4,087,682 | $4,400,244 | $8,487,926 | $8,487,926 | $4,087,682($26,676,338) | ||
| 2020 | 27 | - | - | - | - | -($26,676,338) | ||
| 2021 | 28 | UFA | ||||||
Contract Notes:
|
That works out to $26.2 Mil guaranteed. However, I believe the Bears will structure their contract with Trubisky much better, imo (another thread). The bottom line is that with both Glennon's and Trubisky's contracts, the Bears will being paying both for about the same amount as a top ten QB in the NFL for 2017, and less than Stafford alone.
The main point I'm trying to make is that Pace has NOT broken the bank account to address the present as well as the future for the QB position moving forward. Especially, since the Bears still have quite a bit of cap money to spend now and in the future.
The best scenario would be for Glennon to play well enough in 2017 that we could trade him for a draft pick. However, his cap hit for 2018 would be $16 Mil, yet we could cut him and save another $11.5 Mil of that amount for next year.
With a dead cap amount of $4.5 Mil + Trubisky's salary for 2018, the Bears would be allocating approximately $10-$12 Mil or so for the QB postion for the next year, and approximately $6-$9 Mil for the next 4 years. I'd say that puts the Bears in good position for the QB position moving forward for the next 4-5 years. Especially, since the average starting QB salary right now is about $18 Mil, and will probably increase in that time.
In conclusion, it's time we start talking about other positions, imo, as Pace has taken the #3 pick (hopefully we don't pick that high again), and turned it into a reasonable contract scenario, and solid QB depth for the next half decade.
