There are many dangerous contracts lately within the NFL as revenues and the wage cap have risen exponentially over the previous decade.
A type of contracts, says David Kenyon of Bleacher Report, is the one the New York Giants signed quarterback Daniel Jones to in March of 2023 — a four-year, $160 million deal of which $92 million is assured.
Kenyon listed his 10 worst contracts of the upcoming season in a latest article. Jones’ deal got here in at No. 10.
On the time, it appeared like an pointless threat for a participant who’d by no means been something above a league-average quarterback. Then, he struggled badly in six video games earlier than a knee harm final yr.
In 2024, Jones’ cap quantity is simply wanting $47.9 million. Maybe he places collectively a resurgent season after the Giants drafted broad receiver Malik Nabers and bolstered the offensive line.
If not, nonetheless, releasing Jones subsequent offseason would imply he nonetheless counts $19.4 million towards the 2025 cap. That’s an actual risk, but it’ll sting anyway.
The fact is that the contract isn’t as restrictive as one would possibly suppose. The Giants can shred themselves of Jones after this season, as Kenyon talked about, with a palatable useless cap cost.
$19.4 million isn’t a cap-killer any longer. With the wage cap growing almost 10 % each season, it’s successful the Giants can simply take up.
As many know, the crew was angling for a successor on this yr’s draft however the proper state of affairs didn’t current itself. Ought to Jones falter or be injured once more this season, you might be sure the Giants will likely be transferring on.