Rosenhaus: Eagles haven’t asked McCoy to alter contract

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With total compensation of $10.25 million and a cap number of $11.95 million for running back LeSean McCoy, many have believed the Eagles eventually will ask McCoy to reduce his cap number, either by restructuring the contract or by taking less money.

Agent Drew Rosenhaus tells PFT that the team has not yet approached him with a request to do either thing.

The fact that it hasn’t happened yet doesn’t mean it won’t happen.  The new league year doesn’t begin for eight days, and pro football is a deadline-driven business.

For the Eagles, the start of the new league year isn’t really a deadline, because the Eagles aren’t pressed against the cap.  They can carry McCoy on the books until the start of the regular season before his $9.75 million salary becomes fully guaranteed and his $250,000 roster bonus begins being earned one game at a time.

For McCoy and any player, it’s better to be on the market sooner than later.  The earlier the player is on the market, he’ll have more options — and likely more money.

As practical matter, if the Eagles are considering giving McCoy an ultimatum, they’ll likely do it before the offseason program begins, since a fluke season-ending injury while working out at the team facility or engaging in OTA sessions will result in the Eagles owing McCoy his full base salary.  That’s what the Eagles did with receiver DeSean Jackson a year ago, cutting him in April after a failed effort to trade him.

So, basically, no news is no news.  For McCoy, it may eventually be good news.  If it’s going to be bad news, the bad news would be a lot better if it came before March 10.

Meanwhile, here’s McCoy’s entertaining visit to PFT Live at the Super Bowl.  Assuming the boss is otherwise not in position to hear the speakers on your computer.

12 responses to “Rosenhaus: Eagles haven’t asked McCoy to alter contract

  1. The latest, greatest, innovator the NFL has ever seen daringly cut his #1 WR last year and looking to drops #1 RB this year. Chip Kelly is so amazing that we are only left to wonder what he might do next.

  2. If a player outperforms him contract the team won’t necessarily restructure it to give him a raise. The player has to hold out from camp in the hopes the team caves. Usually they don’t. I’m an Eagles fan, and it’s definitely in the best interest of the team to get McCoy’s number down, however, if I’m McCoy there’s no way I’m taking a pay cut. Both sides agreed to the contract. I might restructure the deal to give the team more flexibility, but there’s no way I’m taking a pay cut. I would force them to pay up or cut me.

  3. This is overblown, this is the peak year for his cap hit. It will go down on its own after this year:

    2015 – $11.95M
    2016 – $8.85M
    2017 – $7.85M

  4. Your best player earns the most money? What a shocker!!! Only Eagles fans are too dense to understand that.

  5. Your best player earns the most money? What a shocker!!! Only Eagles fans are too dense to understand that.
    __________________________________
    Pay is based not only on performance but return on investment and the position of the player. You can argue that Marshawn Lynch is Seahawk’s best player but he will never get Richard Sherman or Wilson Money. The value of Employees is always determined by what it would cost to replace them and you can replace RB’s–

  6. Restructuring the contract would be a mistake for the Eagles. McCoy’s cap hit is already set to decline in the next two years, they should just absorb the inflated cap number this season and leave themselves more flexibility in the future. Restructuring the deal now would leave them with larger dead money cap hits if they cut or trade him in the future.

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