Kirk Cousins Extension OFFICIAL - 2 more years

whoskmoon
Content Creator

Posts: 8,871
Likes: 7,219

Kirk Cousins Extension OFFICIAL - 2 more years Mar 24, 2020 18:08:18 GMT -6

Quote

Post by whoskmoon on Mar 24, 2020 18:08:18 GMT -6

Mar 24, 2020 18:01:32 GMT -6 ozzvic said:

This is from NFL.com talking about best contracts so far.

Kirk Cousins, quarterback, Minnesota Vikings: It was only a few years ago that folks were chortling over the Vikings' decision to pay Cousins $30 million per year. By the time he gets to the end of the extension he agreed to as this year's free agency period kicked off, the Vikings could be seen as forward-thinking. I like the new two-year, $66 million deal, which is set to go through the 2022 season, for a few reasons. It opens up $10 million in cap space while only adding one additional guaranteed year for Cousins. (The Vikings could get out of the contract after the 2021 season if they wanted.) It also prevents a scenario like the Redskins once faced with Cousins, who was constantly asked about his future with Washington over three consecutive contract years from 2015 to '17, thanks to that team's repeated use of the franchise tag. Minnesota decisively believes that Cousins is a franchise quarterback, so it's better for the Vikings to make a move now rather than wind up paying much more later, like the Cowboys will with Dak Prescott, who had to be tagged this year after reaching the end of his rookie deal without an extension. By the time Cousins reaches the end of this deal, it won't be a surprise if he's outside the top 10 in quarterback salaries.

If Cousins reaches the end of his deal, he will have gotten paid more than Aaron Rodgers over his 5 years here. Tell me how that makes sense?

Also, the Vikings CANNOT get out of his contract after the 2021 season without getting hammered with a 41 million cap hit. It still amazes me how little people who's job it is to cover the NFL, know about NFL contracts. This guy should be embarrassed.

Last Edit: Mar 24, 2020 18:11:17 GMT -6 by whoskmoon

ozzvic
Hall of Fame Candidate

Posts: 7,689

Likes: 860

Kirk Cousins Extension OFFICIAL - 2 more years Mar 24, 2020 22:17:56 GMT -6 via mobile

Quote

Post by ozzvic on Mar 24, 2020 22:17:56 GMT -6

Mar 24, 2020 18:08:18 GMT -6 whoskmoon said:

Mar 24, 2020 18:01:32 GMT -6 ozzvic said:

This is from NFL.com talking about best contracts so far.

Kirk Cousins, quarterback, Minnesota Vikings: It was only a few years ago that folks were chortling over the Vikings' decision to pay Cousins $30 million per year. By the time he gets to the end of the extension he agreed to as this year's free agency period kicked off, the Vikings could be seen as forward-thinking. I like the new two-year, $66 million deal, which is set to go through the 2022 season, for a few reasons. It opens up $10 million in cap space while only adding one additional guaranteed year for Cousins. (The Vikings could get out of the contract after the 2021 season if they wanted.) It also prevents a scenario like the Redskins once faced with Cousins, who was constantly asked about his future with Washington over three consecutive contract years from 2015 to '17, thanks to that team's repeated use of the franchise tag. Minnesota decisively believes that Cousins is a franchise quarterback, so it's better for the Vikings to make a move now rather than wind up paying much more later, like the Cowboys will with Dak Prescott, who had to be tagged this year after reaching the end of his rookie deal without an extension. By the time Cousins reaches the end of this deal, it won't be a surprise if he's outside the top 10 in quarterback salaries.

If Cousins reaches the end of his deal, he will have gotten paid more than Aaron Rodgers over his 5 years here. Tell me how that makes sense?

Also, the Vikings CANNOT get out of his contract after the 2021 season without getting hammered with a 41 million cap hit. It still amazes me how little people who's job it is to cover the NFL, know about NFL contracts. This guy should be embarrassed.

The only thing i know for sure about the deal is it saved the team 10 million after that there seems to be conflicting reports from every other sports source

diehardtwinsfan
Moderator

Posts: 11,979

Likes: 7,517

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 5:28:45 GMT -6

Quote

Post by diehardtwinsfan on Mar 25, 2020 5:28:45 GMT -6

Mar 24, 2020 18:08:18 GMT -6 whoskmoon said:

Mar 24, 2020 18:01:32 GMT -6 ozzvic said:

This is from NFL.com talking about best contracts so far.

Kirk Cousins, quarterback, Minnesota Vikings: It was only a few years ago that folks were chortling over the Vikings' decision to pay Cousins $30 million per year. By the time he gets to the end of the extension he agreed to as this year's free agency period kicked off, the Vikings could be seen as forward-thinking. I like the new two-year, $66 million deal, which is set to go through the 2022 season, for a few reasons. It opens up $10 million in cap space while only adding one additional guaranteed year for Cousins. (The Vikings could get out of the contract after the 2021 season if they wanted.) It also prevents a scenario like the Redskins once faced with Cousins, who was constantly asked about his future with Washington over three consecutive contract years from 2015 to '17, thanks to that team's repeated use of the franchise tag. Minnesota decisively believes that Cousins is a franchise quarterback, so it's better for the Vikings to make a move now rather than wind up paying much more later, like the Cowboys will with Dak Prescott, who had to be tagged this year after reaching the end of his rookie deal without an extension. By the time Cousins reaches the end of this deal, it won't be a surprise if he's outside the top 10 in quarterback salaries.

If Cousins reaches the end of his deal, he will have gotten paid more than Aaron Rodgers over his 5 years here. Tell me how that makes sense?

Also, the Vikings CANNOT get out of his contract after the 2021 season without getting hammered with a 41 million cap hit. It still amazes me how little people who's job it is to cover the NFL, know about NFL contracts. This guy should be embarrassed.

Rodgers got a 57.5M signing bonus in 2018... I'm really questioning the math there given that alone was Cousin's 2018 and 2019 salary.

vikingpitbull
Jersey Retired

Posts: 4,948
Likes: 2,011

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 5:43:13 GMT -6 via mobile

Quote

Post by vikingpitbull on Mar 25, 2020 5:43:13 GMT -6

Mar 24, 2020 18:06:13 GMT -6 whoskmoon said:

Mar 24, 2020 17:05:27 GMT -6 vikingpitbull said:

Wrong but I dont like arguing with walls and I would be with you and I've been told not to.

What you cant grasp is this is Kirk Cousins contract and the way it is set up and paid he can't be traded so it needs no trade clause. See The Vikings have already physically paid Kirk for 2020 and 2021 what you cant grasp is real world vs cap world work differently.

Minnesota has already paid Kirk for 2020 and 2021. The only thing you're correct about is he can be traded but what you cant grasp is the Vikings if traded or cut following 2020 would be a 41 million dollar cap hit in 2021. What you are also missing is this cute lil thing built into the 2021 3rd day issue. See if you read his contract 2022 will also be fully guaranteed in 2021 after the 3rd day. In other words Minnesota will have to eat 41 million dollars to void his contract. But keep thinking he can be traded in 2020. I was going to point out that lil snafu 10 million dollar thingy to you in the last post but you wouldn't understand how that voids with the 3rd day thingy. Kirk's lawyer aka agent is pertty smucken fart.

Why do you think the Vikings are on the hook for paying Cousins salary in 2021 if he is traded prior to the 2021 season? You claim guaranteed salary can't be traded, but that is 100% not true. Signing bonus can't be traded, and you seem to be struggling to differentiate between the two.

Cousins is not going to be traded in 2020 (maybe that is where the confusion is coming from?), I never said he was. He was always going to play for us this coming season. He can be traded prior to the 2021 season with a dead cap hit of 20 million.

He did not get a guaranteed 2 year extension like most of us originally thought. If he gets Zimmer and Rick fired, he probably didn't get an extension at all, and will be traded prior to the 2021 season.

Because they already paid it. Read the contract!!!! That's what you get when you kick the can down the road. You honestly think Kirk or his agent would take less in 2020 and not get anything from it on the back end? It's there in plain English.

Deleted Ghosted Member Posts: 0 Likes:	Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 6:15:25 GMT -6 via Tapatalk huthuthike likes this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Deleted on Mar 25, 2020 6:15:25 GMT -6 Ok wtf is up with people making sh*t up to make his contract look "less" than what it is?

whoskmoon
Content Creator

Posts: 8,871
Likes: 7,219

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 6:52:50 GMT -6

Quote

Post by whoskmoon on Mar 25, 2020 6:52:50 GMT -6

Mar 25, 2020 5:28:45 GMT -6 diehardtwinsfan said:

Mar 24, 2020 18:08:18 GMT -6 whoskmoon said:

If Cousins reaches the end of his deal, he will have gotten paid more than Aaron Rodgers over his 5 years here. Tell me how that makes sense?

Also, the Vikings CANNOT get out of his contract after the 2021 season without getting hammered with a 41 million cap hit. It still amazes me how little people who's job it is to cover the NFL, know about NFL contracts. This guy should be embarrassed.

Rodgers got a 57.5M signing bonus in 2018... I'm really questioning the math there given that alone was Cousin's 2018 and 2019 salary.

Rodgers cap number starting in 2018:
20.9
29.3
21.6
36.3
39.8

Add those together and you get 147 million.

If Cousins is on the roster on the 3rd day of the league year in 2021, he will have made 150 million fully guaranteed from the Vikings. That is 3 million more total than Rodgers and about 60 million more in guarantees than Rodgers. Think about how insane that is.

slapnut19
Hall of Fame Nominee

Posts: 9,455
Likes: 3,059

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:03:45 GMT -6

Quote

Post by slapnut19 on Mar 25, 2020 7:03:45 GMT -6

the key thing to remember is the wording. . If Cousins in on the Vikings roster on the 3rd day of the 2021 league year.

if we go 6-10 or another version of disappointing season cousins can be traded at the beginning of the 2021 league year(before the 3rd day) and we take a 20 mil dead cap hit and go about our business. for a point of reference the jags have 18 mil in dead cap after trading foles to the bears. my point is the team has an out after this season. whether you want to believe that is up to you but the wording is very clear. now if he's on the roster after day 3 of the 2021 league year everything changes, but until that happens maybe calm the fck down

whoskmoon
Content Creator

Posts: 8,871
Likes: 7,219

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:11:45 GMT -6 IAVike likes this

Quote

Post by whoskmoon on Mar 25, 2020 7:11:45 GMT -6

Mar 25, 2020 6:15:25 GMT -6 BosViking said:

Ok wtf is up with people making sh*t up to make his contract look "less" than what it is?

No one is making things up, they just don't understand how NFL contracts work.

In the end what it comes down to is this, if he is still on the team in 2021, his contract is incredibly stupid. He will make 31 million in 2021, and a fully guaranteed 45 million in 2022.

If the Vikings trade him after 2020, his "extension" might get us a draft pick from a desperate team and cost us 10 million (+10 million from this year) in dead cap.

If they cut him after the 2020 season, his "extension" costs us an extra 31 million (+the 10 million from this year).

So these are the scenarios this contract gets us in order of ideal to horrifyingly bad:

#1 We win the SB this year and then who cares how much Cousins is making in 2021 and 2022

#2 Cousins has another 2018 season where the numbers look good on paper, but it is clear he is not the answer for the team. We will then need a team that is drafting late in the first who has a desperate need at QB and thinks Cousins can get them over the hump to trade a 2nd for him. In that scenario we gave up 10 million in dead cap for a 2nd rounder, which isn't a bad trade for team that is about to have a ton of cap because they dumped their overpriced QB.

#3 Cousins is so bad we get the #1 pick, draft Trevor Lawrence and have to eat 31 million in dead cap.

#4 Cousins is really bad, we don't get the #1 pick and have to eat 31 million in dead cap anyway.

#5 Cousins has a season like this one, and he is on the roster in 2021 and 2022 making more than Aaron Rodgers, Russel Wilson and Patrick Mahomes.

vikingpitbull
Jersey Retired

Posts: 4,948
Likes: 2,011

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:12:50 GMT -6 via mobile

Quote

Post by vikingpitbull on Mar 25, 2020 7:12:50 GMT -6

Mar 25, 2020 7:03:45 GMT -6 slapnut19 said:

the key thing to remember is the wording. . If Cousins in on the Vikings roster on the 3rd day of the 2021 league year.

if we go 6-10 or another version of disappointing season cousins can be traded at the beginning of the 2021 league year(before the 3rd day) and we take a 20 mil dead cap hit and go about our business. for a point of reference the jags have 18 mil in dead cap after trading foles to the bears. my point is the team has an out after this season. whether you want to believe that is up to you but the wording is very clear. now if he's on the roster after day 3 of the 2021 league year everything changes, but until that happens maybe calm the fck down

No they take a 41 million dollar hit. Minnesota has already paid his 2021 salary. In other words the entire contract will be given. People honestly think he and or his agent would give a discount without guaranteeing a payoff..

vikingpitbull
Jersey Retired

Posts: 4,948
Likes: 2,011

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:19:23 GMT -6 via mobile

Quote

Post by vikingpitbull on Mar 25, 2020 7:19:23 GMT -6

Mar 25, 2020 7:11:45 GMT -6 whoskmoon said:

Mar 25, 2020 6:15:25 GMT -6 BosViking said:

Ok wtf is up with people making sh*t up to make his contract look "less" than what it is?

No one is making things up, they just don't understand how NFL contracts work.

In the end what it comes down to is this, if he is still on the team in 2021, his contract is incredibly stupid. He will make 31 million in 2021, and a fully guaranteed 45 million in 2022.

If the Vikings trade him after 2020, his "extension" might get us a draft pick from a desperate team and cost us 10 million (+10 million from this year) in dead cap.

If they cut him after the 2020 season, his "extension" costs us an extra 31 million (+the 10 million from this year).

So these are the scenarios this contract gets us in order of ideal to horrifyingly bad:

#1 We win the SB this year and then who cares how much Cousins is making in 2021 and 2022

#2 Cousins has another 2018 season where the numbers look good on paper, but it is clear he is not the answer for the team. We will then need a team that is drafting late in the first who has a desperate need at QB and thinks Cousins can get them over the hump to trade a 2nd for him. In that scenario we gave up 10 million in dead cap for a 2nd rounder, which isn't a bad trade for team that is about to have a ton of cap because they dumped their overpriced QB.

#3 Cousins is so bad we get the #1 pick, draft Trevor Lawrence and have to eat 31 million in dead cap.

#4 Cousins is really bad, we don't get the #1 pick and have to eat 31 million in dead cap anyway.

#5 Cousins has a season like this one, and he is on the roster in 2021 and 2022 making more than Aaron Rodgers, Russel Wilson and Patrick Mahomes.

He will be because he has already been paid for 2021.

31M newly guaranteed at signing (2020 salary + 2021 salary

whoskmoon
Content Creator

Posts: 8,871
Likes: 7,219

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:19:24 GMT -6

Quote

Post by whoskmoon on Mar 25, 2020 7:19:24 GMT -6

Mar 25, 2020 5:43:13 GMT -6 vikingpitbull said:

Mar 24, 2020 18:06:13 GMT -6 whoskmoon said:

Why do you think the Vikings are on the hook for paying Cousins salary in 2021 if he is traded prior to the 2021 season? You claim guaranteed salary can't be traded, but that is 100% not true. Signing bonus can't be traded, and you seem to be struggling to differentiate between the two.

Cousins is not going to be traded in 2020 (maybe that is where the confusion is coming from?), I never said he was. He was always going to play for us this coming season. He can be traded prior to the 2021 season with a dead cap hit of 20 million.

He did not get a guaranteed 2 year extension like most of us originally thought. If he gets Zimmer and Rick fired, he probably didn't get an extension at all, and will be traded prior to the 2021 season.

Because they already paid it. Read the contract!!!! That's what you get when you kick the can down the road. You honestly think Kirk or his agent would take less in 2020 and not get anything from it on the back end? It's there in plain English.

People need to stop looking at that 10 million in cap getting pushed from this year to the next as a part of Cousins contract. Technically it was part of his extension, but the Vikings could have created that 10 million any number of ways.

They needed 10 million more in cap this year, and they just happened to use Cousins extension to get it. Cousins didn't even need to agree to it, since it doesn't affect how much he gets paid this year. He still gets 31 million, it is just that only 21 million of that 31 million count against the cap this year.

I see your point in kicking the can down the road as well, but it could be we don't need that 10 million in 2021, with a horrible team starting over with a massive rebuild.

slapnut19
Hall of Fame Nominee

Posts: 9,455
Likes: 3,059

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:21:30 GMT -6

Quote

Post by slapnut19 on Mar 25, 2020 7:21:30 GMT -6

Mar 25, 2020 7:12:50 GMT -6 vikingpitbull said:

Mar 25, 2020 7:03:45 GMT -6 slapnut19 said:

the key thing to remember is the wording. . If Cousins in on the Vikings roster on the 3rd day of the 2021 league year.

if we go 6-10 or another version of disappointing season cousins can be traded at the beginning of the 2021 league year(before the 3rd day) and we take a 20 mil dead cap hit and go about our business. for a point of reference the jags have 18 mil in dead cap after trading foles to the bears. my point is the team has an out after this season. whether you want to believe that is up to you but the wording is very clear. now if he's on the roster after day 3 of the 2021 league year everything changes, but until that happens maybe calm the fck down

No they take a 41 million dollar hit. Minnesota has already paid his 2021 salary. In other words the entire contract will be given. People honestly think he and or his agent would give a discount without guaranteeing a payoff..

you are wrong. the 41 mil cap hit would occur if he were released pre june 1. trading him pre june 1 and before day 3 of the league year would be a 20 mil dead cap number for 2021 but that's it. if you toggle on the right side of his over the cap page you can see what the different financial implications are.

overthecap.com/player/kirk-cousins/1443/

vikingpitbull
Jersey Retired

Posts: 4,948
Likes: 2,011

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:22:33 GMT -6 via mobile

Quote

Post by vikingpitbull on Mar 25, 2020 7:22:33 GMT -6

Mar 25, 2020 7:19:24 GMT -6 whoskmoon said:

Mar 25, 2020 5:43:13 GMT -6 vikingpitbull said:

Because they already paid it. Read the contract!!!! That's what you get when you kick the can down the road. You honestly think Kirk or his agent would take less in 2020 and not get anything from it on the back end? It's there in plain English.

People need to stop looking at that 10 million in cap getting pushed from this year to the next as a part of Cousins contract. Technically it was part of his extension, but the Vikings could have created that 10 million any number of ways.

They needed 10 million more in cap this year, and they just happened to use Cousins extension to get it. Cousins didn't even need to agree to it, since it doesn't affect how much he gets paid this year. He still gets 31 million, it is just that only 21 million of that 31 million count against the cap this year.

I see your point in kicking the can down the road as well, but it could be we don't need that 10 million in 2021, with a horrible team starting over with a massive rebuild.

Yeah well 2021 isn't going to be much better than this year for cap. We may not be in the red but not by much.

huthuthike Veteran Posts: 1,096 Likes: 603	Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:22:38 GMT -6 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by huthuthike on Mar 25, 2020 7:22:38 GMT -6 Dead money this, dead money that. It all doesn't matter. The only reason this team is in this situation is because Speilman has zero clue about the most important position in football: the QB.

vikingpitbull
Jersey Retired

Posts: 4,948
Likes: 2,011

Kirk Cousins Extension OFFICIAL - 2 more years Mar 25, 2020 7:23:42 GMT -6 via mobile

Quote

Post by vikingpitbull on Mar 25, 2020 7:23:42 GMT -6

Mar 25, 2020 7:21:30 GMT -6 slapnut19 said:

Mar 25, 2020 7:12:50 GMT -6 vikingpitbull said:

No they take a 41 million dollar hit. Minnesota has already paid his 2021 salary. In other words the entire contract will be given. People honestly think he and or his agent would give a discount without guaranteeing a payoff..

you are wrong. the 41 mil cap hit would occur if he were released pre june 1. trading him pre june 1 and before day 3 of the league year would be a 20 mil dead cap number for 2021 but that's it. if you toggle on the right side of his over the cap page you can see what the different financial implications are.

overthecap.com/player/kirk-cousins/1443/

He is already paid for 2021 what part of that cant you grasp. He has a 41 million dollar cap hit in 2021.