Cousins Wants To Remain With Vikes For Rest Of His Career
Jan 5, 2022 18:13:19 GMT -6
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Post by Purple Pain on Jan 5, 2022 18:13:19 GMT -6
Lengthy read, but covers about everything.
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Cousins has been one of the NFL's better quarterbacks statistically since signing with the Vikings in 2018. He's thrown for 16,137 yards while completing 68.4% of his passes with 121 touchdowns and 36 interceptions for a 103.0 passer rating. Cousins ranks fourth in the NFL in completion percentage, fifth in touchdown passes, sixth in passer rating and seventh in passing yards during this span (minimum of 896 pass attempts where applicable). He also has the league's fifth-best interception percentage at 1.71% over the four seasons. On average, Cousins can be counted on for slightly more than 4,000 passing yards with 30 touchdowns and nine interceptions in a season.
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Contract extension
A contract extension with the Vikings can't be dismissed although a new deal seems much more likely because of the trade. The considerations are largely the same whether an extension occurs with the Vikings or an acquiring team.
Cousins has consistently capitalized on his circumstances for maximum financial gain. Unlike other quarterbacks, he embraced the franchise tag game to become the league's highest-paid player when he initially signed with the Vikings. His extension two years later made him the NFL's fifth-highest-paid player by average yearly salary. Only three quarterbacks -- Rodgers, Wilson and Matt Ryan -- have made more than the $115 million Cousins has from 2018-21.
Just as in 2020, Cousins has tremendous contract leverage because of his 2023 free agency and the inability to keep him off the open market with a franchise or transition tag. Cousins giving a hometown discount to the Vikings or another team would be uncharacteristic. He'll surely expect a raise from the $33 million per year in his current deal, which makes him the NFL's eighth-highest-paid player by average yearly salary. The deals of the league's 10 highest-paid players average just over $37.75 million per year where the average contract length is 4.7 new years. With the top 15, it's approximately $35.33 million per year with the average length just under four new years.
The Vikings should be able to comfortably clear $20 million 2022 cap space through a Cousins extension. One way this could be done is by is lowering Cousins' base salary to a fully guaranteed $5 million while giving him a $50 million signing bonus on a four-year extension. There would be $10 million of annual signing bonus proration from 2022-26 to go along with the existing $10 million of signing bonus proration in 2022 relating to the 2020 extension. Cousins' 2022 cap number would drop from $45,166,668 to $25,166,668 in the process.
A contract extension with the Vikings can't be dismissed although a new deal seems much more likely because of the trade. The considerations are largely the same whether an extension occurs with the Vikings or an acquiring team.
Cousins has consistently capitalized on his circumstances for maximum financial gain. Unlike other quarterbacks, he embraced the franchise tag game to become the league's highest-paid player when he initially signed with the Vikings. His extension two years later made him the NFL's fifth-highest-paid player by average yearly salary. Only three quarterbacks -- Rodgers, Wilson and Matt Ryan -- have made more than the $115 million Cousins has from 2018-21.
Just as in 2020, Cousins has tremendous contract leverage because of his 2023 free agency and the inability to keep him off the open market with a franchise or transition tag. Cousins giving a hometown discount to the Vikings or another team would be uncharacteristic. He'll surely expect a raise from the $33 million per year in his current deal, which makes him the NFL's eighth-highest-paid player by average yearly salary. The deals of the league's 10 highest-paid players average just over $37.75 million per year where the average contract length is 4.7 new years. With the top 15, it's approximately $35.33 million per year with the average length just under four new years.
The Vikings should be able to comfortably clear $20 million 2022 cap space through a Cousins extension. One way this could be done is by is lowering Cousins' base salary to a fully guaranteed $5 million while giving him a $50 million signing bonus on a four-year extension. There would be $10 million of annual signing bonus proration from 2022-26 to go along with the existing $10 million of signing bonus proration in 2022 relating to the 2020 extension. Cousins' 2022 cap number would drop from $45,166,668 to $25,166,668 in the process.