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re: CJ agrees to 2 year 64 million dollar extension

Posted on 9/24/22 at 5:52 pm to
Posted by Stamps74
Member since Nov 2017
632 posts
Posted on 9/24/22 at 5:52 pm to
What was the most years and annual salary he could have extended for ?
Posted by Soggymoss
Member since Aug 2018
14554 posts
Posted on 9/24/22 at 6:45 pm to
If I’m calculating this right, his max extension would have been:
24/25 @ $38.6
25/26 @ $41.7
26/27 @ $45.1

So that would be 3 year 125.4 million.

I believe I calculated that right, it’s taking his 23/24 salary and adding 8% raises (bird rights raises) to it.

To put in perspective how good of a deal this is for the Pels, the 23/24 salary cap is projected at 143 million, which means CJ will be making roughly 22% of the cap. As a 10 year player, if he went to free agency, he would be eligible for 30% of the cap, or roughly 43 million, so he took around a 24 million dollar pay cut to sign the extension.
This post was edited on 9/24/22 at 6:53 pm
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