Sammy Watkins deal is simple, clean, rich

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Sometimes, NFL player contracts are complicated. Sometimes, they’re not.

The three-year deal signed by receiver Sammy Watkins with the Chiefs is as simple as a contract can be. The details appear below.

1. $21 million signing bonus.

2. 2018 base salary (fully guaranteed): $790,000.

3. 2019 base salary ($8.21 million of which is fully guaranteed): $11.95 million.

4. 2020 base salary: $13.75 million.

The deal also has a $10,000 workout bonus this year, along with $250,000 workout bonuses in 2019 and 2020.

That’s it. And it’s a significant deal. Given that so much of the 2019 salary is guaranteed, all of the 2019 salary is essentially guaranteed. That’s $34 million over two years. The non-guaranteed year has a value of $14 million — a bargain in light of the $17 million per year paid over the first two.

Drafted by the Bills in 2014, Watkins was traded to the Rams during 2018 training camp. He’ll sign with the Chiefs as an unrestricted free agent.

8 responses to “Sammy Watkins deal is simple, clean, rich

  1. Imagine what they’d have paid for a guy who had more than 39 catches last year?…

  2. You forgot to add stupid.

    Guy has topped 1000 yards once in his career and hasn’t started a full season since his rookie year.

    For comparison lets look at John Brown who also has only topped 1000 yards once (2015) and signed a deal with 5 million for this first year as opposed to 34 for the first two.

  3. What has the NFL come to when Sammy Watkins is getting $17m a year? Are good receivers in that short of supply? This is not sustainable.

  4. pkrlvr says:
    March 14, 2018 at 7:12 pm
    What has the NFL come to when Sammy Watkins is getting $17m a year? Are good receivers in that short of supply? This is not sustainable.
    _____________________________________________________________________

    100 Bucks says he get released before 2020. That is the new NFL Contract way. To give away guaranteed money and balloon the contract to reduce the immediate Cap hit. Suh was supposed to get $110M from the Dolphins and while he got paid well… he only got $60M of it.

  5. pkrlvr asks: Are good receivers in that short of supply? Quite simply, yes. Yes they are. Sammy Watkins has had past success and still has high upside even if injuries have held him back in the past. The most important part of this deal? His age. Players are most likely to have their best seasons in their age 25-27 seasons, and Chiefs locked him up for exactly that. A bet with some risk sure, but the chance to pay off with a nice reward. Plus more speed on the outside helps open the middle for Kelce, Hill and Hunt. Lots of weapons for Mahomes. Think this was a good bet by the Chiefs even if it seems like an overpay at first glance.

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