Will Kelce get a new Deal?

[sith13 1,746]

Wow they must be thinking he'll age like Gonzo or Gates. A bit risky IMO as we still have time but I'm guessing not too much guarantees, but who knows. 

[jetlord 10,209]

TG is this offense would be unbelievable. 

[sith13 1,746]

4 minutes ago, jetlord said:

TG is this offense would be unbelievable. 

2000 yards?

[jetlord 10,209]

2 minutes ago, sith13 said:

2000 yards?

Not THAT unbelievable.  😉  Gotta feed Hill, Watkins, Hardman, and CEH.

Seems that Kelce's deal is similar to Jones.  Rolling guarantees and affordable next year.  It will be interesting to see how Veach handles the cap four years down the road. 

[Calichief 3,016]

Oops to some of yall

veach is a gangster 

[Calichief 3,016]

 

[Balto 723]

4 hours ago, jetlord said:

Not THAT unbelievable.  😉  Gotta feed Hill, Watkins, Hardman, and CEH.

Seems that Kelce's deal is similar to Jones.  Rolling guarantees and affordable next year.  It will be interesting to see how Veach handles the cap four years down the road. 

Of course it would only be a matter of time before TG asked for a trade........to soon?

[Lamardirts 2,114]

No way TG gets even close.  He was incredible no doubt but he was also force fed the ball for years and years.  In our offense there are too many weapons now.

[sith13 1,746]

https://overthecap.com/travis-kelce-signs-57-25-million-extension-with-chiefs/

Looks like it's a 2-year extension for 25 million in total (his guarantees?) and he'll have to earn the remaining two. Definitely below market for a TE of his caliber but I guess the early extension got Veach some discount. 

[xen 1,010,220]

Good link.  Thanks Sith.

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Travis Kelce Signs $57.25 Million Extension With ChiefsPosted on August 13, 2020 by Jason Fitzgerald

 
It was a wild day for tight ends with George Kittle quickly resetting the market at $15 million a year and then hours later Travis Kelce jumping into the mix signing a surprising $14.3 million per year extensions. However the two contracts look to be radically different and this is where using annual contract values to compare contracts can somehow get a bit murky.

Mike Garafolo has the important cash flow breakdown of the Kelce contract:

$11.75 million is right in line with the current market for tight ends and actually less than Kelce earned on his last extension. It is a far cry from Kittle’s $18 million reported signing bonus. Through two years Kelce will earn $25 million in new money, an average of $12.5 million a season. It is increase of $2 million in total over Hooper;s contract and I would imagine far under Kittle’s two year salary.
 
The big money is unlocked on the back end where Kelce would earn $40 million over three years and $57.25 million over four years. Kelce will be 35 and 36 during those years making them far less likely to be earned. Maybe Kittles numbers pushed those last two years up but those are easy concessions for a team given the age of the player.

The reported guarantees have fluctuated between $25 and $28 million and I would imagine that entails Kelce’s salary in 2020, 2021, and 2022 minus whatever money is tied up as a per game or workout bonus. Since Kelce was a lock to make the 2020 roster and a virtual lock to make the 2021 roster it is essentially a one year extension worth around the franchise tag for the position. The $12.5 million two year average is around what I figured would be the target number for him on an extension so the likely earning years fall right in line with the market.

For the Chiefs this is a no brainer contract. They will not spend a dime extra in 2020 and get way ahead of the possibility of the Eagles and Zach Ertz coming to an agreement that pushes the market on the front end of the contract much more than this one. They should get salary cap relief both this year and next which is what they need and it should be easier to move on from the player in the future if necessary.

These type of contracts are generally shrewd moves by teams as a way to get salary cap relief and cost certainty on veteran players. While they certainly do not always work out they are a good way to manage the cap, the teams cash flows, and keep a harmonious locker room for the foreseeable future. The Steelers had done contracts like this years ago for Troy Polamalu and Heath Miller and the Vikings did similar for Linval Joseph and Everson Griffen. They are generally no risk contracts for the teams because even if the player doesnt live up the deal the added money was minimal.

So why would Kelce take this contract? One is that there is cost certainty for him. Given the Chiefs cap situation I will guess that they did use a signing bonus for cap relief. The signing bonus is money for the players to keep even in a Covid shortened year while base salary is not. Even if there is no signing bonus some of the money potentially lost this year may be protected in the future depending on the structure of the future guarantees. This also protects Kelce’s status in the unlikely event that the team needed to move on from him in 2021 or 2022 as a consequence of the salary cap.

It is also worth noting that prior to today this was also going to be a market setter even if the back end is being used to prop up the numbers. So it is a strong contract its just not $14 million a year strong.

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[Adamixoye 604]

Kelce has the best receiving stats for a TE in NFL history for his age/experience.  With Mahomes throwing to him, he'll pass TG if he can get in the same ballpark for health and longevity.

 

[reesebobby 5,663]

Brett Veach

[reesebobby 5,663]

5 hours ago, Adamixoye said:

Kelce has the best receiving stats for a TE in NFL history for his age/experience.  With Mahomes throwing to him, he'll pass TG if he can get in the same ballpark for health and longevity.

 

I'm not sure what "best receiving stats" or "age/experience" means exactly.  When Gonzo was the same age as Kelce he had 8700 yards to Kelce's 6400.  Kelce would have to average 1237 yards per year to catch him by the time he is 37.  In the past remarkable 4 years, and in the middle of his prime and without much injury, he averaged 1182 per year.  He got too late of a start to really threaten TG's career numbers I'm afraid.  But he's one of the all time greats and his place in the Chiefs history book is set as one of the franchise's best ever. 

[Adamixoye 604]

10 minutes ago, reesebobby said:

I'm not sure what "best receiving stats" or "age/experience" means exactly.  When Gonzo was the same age as Kelce he had 8700 yards to Kelce's 6400.  Kelce would have to average 1237 yards per year to catch him by the time he is 37.  In the past remarkable 4 years, and in the middle of his prime and without much injury, he averaged 1182 per year.  He got too late of a start to really threaten TG's career numbers I'm afraid.  But he's one of the all time greats and his place in the Chiefs history book is set as one of the franchise's best ever. 

I guess I misspoke when I said "age."  Stats above are for year in NFL.  TG was younger when he started, yes that makes it tougher than maybe I conceded.  I still think Kelce has an outside chance, either if he plays until he's 40 like Witten or if he has a few years like 2018 that TG didn't really hit.

[xen 1,010,220]

2 hours ago, reesebobby said:

I'm not sure what "best receiving stats" or "age/experience" means exactly.  When Gonzo was the same age as Kelce he had 8700 yards to Kelce's 6400.  Kelce would have to average 1237 yards per year to catch him by the time he is 37.  In the past remarkable 4 years, and in the middle of his prime and without much injury, he averaged 1182 per year.  He got too late of a start to really threaten TG's career numbers I'm afraid.  But he's one of the all time greats and his place in the Chiefs history book is set as one of the franchise's best ever. 

Reminder Kelce's contract now covers 6 more seasons.   He might not catch him career stats wise but he can get to his KC career stats.

                                           Gonzo          Kelce

Seasons played in KC       12                   6

Receptions                        916               507

Receiving Yards              10940          6465

Receiving Touchdowns     76                37

[reesebobby 5,663]

2 hours ago, xen said:

Reminder Kelce's contract now covers 6 more seasons.   He might not catch him career stats wise but he can get to his KC career stats.

                                           Gonzo          Kelce

Seasons played in KC       12                   6

Receptions                        916               507

Receiving Yards              10940          6465

Receiving Touchdowns     76                37

He certainly could.  Or he might not. We will know in 6 years. 

For now he is a great player and a great chief and im glad he is getting extended.