I think if we keep Goff in 2023 and 2024, he’ll make about $30M each year, like this year. If we cut Goff in 2023 we’ll gain about $20M in salary cap and in 2024 about $25M, while still being on the hook for $5M each year because Brad converted a chunk of Goff’s 2021 salary to a signing bonus. That’s my understanding.
@sofatso is pretty much right. Goff is due around $26M in 2023 and 2024 and is scheduled to count about $31M against the cap in each year because Holmes converted part of Goff’s 2021 base salary to signing bonus (this was done to absorb the significant mistakes of Quinn).
If we cut or trade Goff, we will gain about $26M in each of 2024 or 2025 or we’ll have $10M in total dead cap (from converting Goff’s base to signing bonus in 2021). Saving $26M per year or having $10M in dead cap is saying the same thing, it’s just how you want to look at it.
Goff’s salary will not go down unless he is cut or traded or . . . if we pull a NO/GB/PHI and add void years and bonus a significant portion of his 2023 salary.
Anyone that is curious, Jason answers an email question about valuing contracts and talks about using APY as a way of doing that. It starts about 1:22:20
I haven’t listened, but……
Everyone knows that looking at a single year’s cap hit is not going to show the entire picture.
The APY certainly matters more if you’re trying to see what they’re going to cost you.
However, I tend to look at only guarantees and bonuses. This gives the truest sense of what the player is earning since such a small percentage actually play out their full second+ contract.
I don’t mind spending on the OL.
They haven’t played a single snap together yet.
This shows that we are all justified in expecting big things from the OL this year.