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This Date In Transactions History: Texans Sign Benardrick McKinney To Extension

Today marks the two-year anniversary of Benardrick McKinney‘s five-year, $50MM extension with the Texans. If you forgot to get the inside linebacker a gift, that’s alright. He probably doesn’t need much in the way of gadgets and home furnishings.

[RELATED: Make-Or-Break Year: Texans CB Gareon Conley]

McKinney, a 2015 second-round pick out of Mississippi State, emerged as one of the Texans’ top defenders in his sophomore NFL season. He was solid as a rookie, but as a second-team All-Pro nod in 2016, he finished out with 129 tackles, five sacks, and a forced fumble, ensuring that he would see a sizable pay bump in the offseason. His 2017 stat sheet wasn’t quite as gaudy – 95 tackles and three sacks – but he was still impressive and placed as Pro Football Focus’ No. 24 ranked linebacker in the NFL.

Because he was a second-round pick, the Texans didn’t have the fifth-year option as a safety net. McKinney was now set to enter his walk year and potentially send his sticker price through the roof. It was the right time for both parties to come to the table. McKinney was 25 and wanted the security of a multi-year deal. The Texans were happy to oblige. The deal also gave them a clearer picture of their budget as they considered an extension for Jadeveon Clowney (though they ultimately couldn’t make it work).

McKinney didn’t disappoint on his new deal, racking up 100+ tackles in each of the next two seasons. He also continued his strong work against the run. Along with partner Zach Cunningham, the Texans ILB duo was among the league’s best at stuffing RBs last year. On the flipside, they offered Swiss cheese defense in coverage. McKinney has vowed to do better, however, while delivering more of the same solid ground work.

PFR Originals: 6/8/20 – 6/14/20

In case you missed it, here’s a look at some of our faves from the past week:

This Date In Transactions History: Chargers’ Keenan Allen Signs $45MM Extension

Four years ago today, Chargers wide receiver Keenan Allen scored a seismic pay bump. After months of negotiations, the former third-round pick agreed to a four-year add-on worth $45MM with nearly $21MM fully guaranteed at signing. Before that, Allen was playing on his rookie deal – a four-year pact worth just $2.8MM in total. 

[RELATED: Make-Or-Break Year: Titans WR Corey Davis]

Few could dispute Allen’s value to the Bolts. As a rookie in 2013, Allen eclipsed 1,000 yards receiving and scored eight touchdowns. He back down to earth in 2014, but he was on pace for the best season of his career – 67 receptions and 725 yards through only eight games, before a lacerated kidney forced him off the field. With a clean bill of health for 2016, and his 25th birthday still on the horizon, the Chargers were happy to lock Allen down for several years.

Allen’s $11MM+ average annual salary put him in the top ten at his position at the time, appropriately slotting him ahead of Jaguars receiver Allen Hurns, who had just inked a four-year, $40MM deal. From the Chargers perspective, it was a short-term cap saver – it would have cost the team $15MM to keep him for an extra year via the franchise tag.

Unfortunately, Allen’s 2016 did not go according to plan as he suffered an ACL tear in the first half of the team’s very first game. But, after that, it was mostly smooth sailing – Allen went off for nearly 1,400 yards in 2017, giving him his first of three consecutive Pro Bowl nods.

Allen is once again set to enter his walk year as his four-year extension wraps up. And, once again, he’s in position for a pay raise.

This Date In Transactions History: Dolphins Sign Chad Johnson

In the summer of 2012, the Dolphins were less-than-enamored with their options at wide receiver. The Dolphins had just traded Brandon Marshall – fresh off of his fifth consecutive 1,000-yard season – to the Bears for a pair of third-round picks. Then, in the draft, they did not select a wide receiver until the sixth round.

‘‘You would like to have some players make it easy and distinguish themselves, maybe make the picture a little bit clearer,’’ head coach Joe Philbin said (via The Boston Globe). ‘‘We have to catch the ball more consistently at every position on offense, because it is not quite where it needs to be.’’

After missing out on the first and second wave of free agent wide receivers, the Dolphins placed a call to Drew Rosenhaus to inquire on Chad Ochocinco (née Chad Johnson). On June 11, 2012, the Dolphins inked the eccentric veteran to a one-year deal.

Ochocinco’s career credentials were as impressive as his touchdown celebrations were inventive. To that point, he had 766 catches for 11,059 yards and 67 touchdowns, six Pro Bowl nods, and two First-Team All-Pro selections.

However, the receiver’s best days were spent with the Bengals and he looked like a shell of his former self with the Patriots in the 2011 season. In his lone campaign with New England, Johnson had just 15 catches for 276 yards and one touchdown and was targeted just 32 times in total. Johnson clearly didn’t mesh with the Patriots’ offense and he didn’t impress in his two intra-divisional games against the Dolphins either. Against Miami, he had just one catch in each of those two games.

Ochocinco – who changed his name back to Johnson shortly after signing with Miami – didn’t mesh with Philbin and the rest of the staff. The melding of personalities turned out to be the least of his issues. In August, Johnson was arrested on domestic battery charges. Johnson proclaimed his innocence, but the Dolphins released him the very next day. Thanks to “Hard Knocks,” we have video of Philbin’s final conversation with Johnson.

Johnson’s deal with the Dolphins up being his final NFL contract. Johnson went on to play for the CFL’s Montreal Alouettes in 2014 and was suspended for the 2015 season when he skipped mandatory practices. He re-emerged in 2017 to play in a single game for the Monterrey Fundidores of the Liga de Fútbol Americano Profesional de México, where he scored on a 41-yard touchdown reception in the Fundidores’ winning effort.

Offset Language In The NFL, Explained

Ever since the 2011 Collective Bargaining Agreement, rookie contracts have been fairly regimented. Negotiations between teams and draft picks have become smoother than ever, with few – if any – players expected to be unsigned by the time training camp gets underway. Still, a number players have yet to ink their rookie deals, including several first-rounders. 

These negotiations have been delayed, in large part, due to concerns over potential revenue loss in the coming year. Fortunately for teams, offset language is not expected to be a roadblock.

Over the last several years, only a handful of players in each year have managed to avoid having offsets language written into their deals. This year, Dolphins quarterback Tua Tagovailoa and Panthers defensive lineman Derrick Brown were the first Round 1 picks to sign and they agreed to offset language.

That hasn’t always been the case. In 2015, Marcus Mariota‘s camp haggled with the Titans until the two sides finally reached an accord with partial offset language, a compromise that was not consummated until late July. In 2016, Joey Bosa’s holdout dominated headlines until the linebacker inked his deal on August 29th. In most cases, a lack of offsets for a player simply depends on which team drafted him — clubs like the Rams and Jaguars traditionally haven’t pushed to include offsets in contracts for their top picks, even in an era where most other teams around the league do.

Offset language relates to what happens to a player’s salary if he’s cut during the first four years of his career, while he’s still playing on his rookie contract. For the top 15 to 20 picks in the draft, those four-year salaries will be fully guaranteed, even if a player is waived at some point during those four seasons. For example, if a player has $4MM in guaranteed money remaining on his contract and is cut, he’ll still be owed that $4MM.

However, if a team has written offset language into the contract, that club can save some money if and when the player signs with a new team. For example, if that player who had $4MM in guaranteed money left on his contract signs with a new club on a $1MM deal, his old team would only be on the hook for $3MM, with the new team making up the difference. If there’s no offset language on that first deal, the old team would continue to be on the hook for the full $4MM, and the player would simply earn an additional $1MM from his new club.

Although the negotiation of offset language might potentially delay a rookie’s signing, the offsets rarely come into play, since few top picks flame out badly enough that they’re released during their first four seasons. And even in those rare instances, if a player has performed poorly enough to be cut in his first few years, he likely won’t sign a lucrative deal elsewhere, so offset language wouldn’t help his old club recover more than perhaps the league minimum.

Make-Or-Break Year: Titans WR Corey Davis

We recently profiled Bengals receiver John Ross as a make-or-break player as he enters the final year of his rookie deal, and today we’ll look at one of his draftmates, Titans WR Corey Davis. Like Ross, Davis saw his fifth-year option declined earlier this year, which puts him on track for unrestricted free agency following the 2020 season.

Davis, the No. 5 overall pick of the 2017 draft, entered the league after a dominant collegiate career with Western Michigan. Over his sophomore to senior seasons, Davis averaged 88 catches for 1,448 receiving yards and 15 TDs, and while his level of competition in the MAC was not what it might have been in a Power Five conference, that type of production is tough to ignore. And when it comes packaged in a 6-3, 209-lb physical specimen, it’s easy to see why Tennessee pulled the trigger.

Unfortunately for Davis and the Titans, the 25-year-old has been unable to replicate that production in the pros. The all-time NCAA leader in receiving yards has just 1,867 yards in his first three NFL seasons, and after scoring 52 total TDs through the air in college – good for second-most in NCAA history – Davis has found paydirt just six times with Tennessee.

Though he has never suffered a major injury, a variety of smaller ailments may have prevented him from reaching his potential. He was unable to participate in drills during the 2017 scouting combine due to an ankle injury, and his rookie season was hampered by a hamstring injury. He managed to stay healthy in 2018, so it’s perhaps unsurprising that he posted career highs in receptions (65) yards (891) and receiving TDs (four). He led the team in all three categories, and though his catch rate was not particularly impressive – those 65 catches came on 112 targets – he appeared to be poised for a breakout.

Last season, however, Davis battled hip issues and saw rookie A.J. Brown emerge as the team’s leading receiver. Davis finished with just 43 catches for 601 yards and two scores, so Tennessee really had no choice but to decline the fifth-year option. That option would have been guaranteed for injury only but would have been worth nearly $16MM, so the Titans could not take that chance.

Given his pedigree, Davis will almost surely get another NFL opportunity in 2021 even if he continues to underwhelm in 2020. But a disappointing effort this season will likely lead to a one-year, prove-it deal next year, whereas a strong campaign could secure him a multi-year payday with a great deal of guaranteed money.

Offensive coordinator Arthur Smith recently sung Davis’ praises, saying, “[t]here were some huge explosive plays (last year) that Corey was the unsung hero to. He’s a big part of this offense and I think he’ll take another step.”

A full season with the resurgent Ryan Tannehill could help, though Davis did not perform any better last season with Tannehill under center than he did with Marcus Mariota. The Titans did not select a receiver in this year’s draft, so Davis will continue to start opposite Brown, with Adam Humphries in the slot. If he’s not careful, this could be his last year as an unquestioned starter, so it will be incumbent upon him to make the most of that opportunity and start realizing all of the promise that made him a top-five pick three years ago.

This Date In Transactions History: Rams Sign No. 1 Overall Pick Jared Goff

Four years ago today, the Rams officially signed No. 1 overall pick Jared Goff. The Rams were happy to sign the promising young Cal product to a four-year, $28MM deal in accordance with his slot, though they paid a hefty price for the right to draft him in the first place. 

[RELATED: This Date In Transactions History: 49ers Trade Issac Bruce To The Rams]

After a classic Jeff Fisher middle-of-the-pack season, the Rams came into the offseason with the No. 15 overall pick and a major crush on Goff. A couple weeks before the draft, they pried the top choice away from the Titans with a Godfather offer, a package that included two 2016 second-round picks, plus 2017 first- and third-round choices.

Goff wasn’t everyone’s preferred quarterback in that class, but the Rams saw Goff as a more polished passer than North Dakota State’s Carson Wentz. It was hard to argue with Goff’s potential – he threw for nearly 8,700 combined yards and 78 touchdowns during his final two college seasons. And, in his final year, he established new personal watermarks by completing 64.5% of his passes and throwing for 4,714 yards and 43 TDs.

With Goff under center, the Rams reached the Super Bowl following the 2018 season. After Goff threw for 4,688 yards, 32 touchdowns, and 12 interceptions in the regular season and brought them to a snoozer of a championship game, the Rams rewarded him with a four-year, $134MM deal with $110MM guaranteed. Goff’s 2019 showing has raised some question marks about his second contract, but the Rams can’t complain about his first deal.

In keeping with team tradition, the Rams also signed the rest of their entire 2016 draft class on this same day. Thanks to the blockbuster deal to get Goff, the Rams’ next pick didn’t come until the fourth round at No. 110 overall, when they selected the troubled-yet-talented Tyler Higbee, a tight end out of Western Kentucky. In October of last year, the remainder of the class looked pretty unremarkable. But, after Higbee’s incredible finish last year, the Rams’ report card deserves a revised grade.

Make-Or-Break Year: Texans CB Gareon Conley

Before last year’s trade deadline, the Texans swung a deal for former Raiders first-round pick Gareon Conley. The deal gave Conley a change of scenery and an opportunity to turn his pro career around. With fellow former Ohio State first-rounder Bradley Roby and veteran Johnathan Joseph out of action, Conley would have the chance to see significant reps, especially since second-round rookie Lonnie Johnson was greener than expected.

[RELATED: Texans Call Off Timmy Jernigan Deal]

Johnson didn’t improve much, but the Texans still turned down Conley’s fifth-year option for 2021, which would have paid him $10.24MM, guaranteed for injury only. Now, he’s in limbo with one year and $1.89MM on his deal.

Conley has an awful lot riding on his 2020 season. With a big showing, Conley could secure the bag – either with the Texans or another club. If he doesn’t performed, he’ll be viewed as a low-risk pickup, the kind of player that nets a cheap base salary on a one-year prove-it deal.

Conley didn’t quite cut it in Oakland, so you could be forgiven for overlooking his natural skillset and quietly solid second half with Houston. The Raiders shipped Conley out after he failed to make plays consistently in their zone scheme. But, with the Texans, Conley broke up eleven would-be passes – two less than team leader Johnathan Joseph in five fewer games.

The big-game talent has been there all along – Conley was a first-round pick for a reason and, if not for his strange pre-draft saga, he might have been a Top 10 choice. The Ohio State product was also surprisingly solid in coverage with the Raiders, even though he didn’t quite gel with the team. Conley boasts the highest forced incompletion rate of any cornerback in the NFL over the past four years, as noted by Pro Football Focus (Twitter link). That stat comes with a small asterisk since Conley has only been on the field for two years, but the fact remains that he’s a quality stopper.

If Conley can stave off Johnson for the CB2 job opposite Roby, the stage is set for him to break out and cash in next spring.

This Date In Transactions History: Rob Gronkowski Signs Record-Breaking Extension

Eight years ago today, Rob Gronkowski inked the most lucrative deal for a tight end in league history. The Patriots tacked another six years on to the two remaining seasons of his rookie contract at $54MM, locking him down through the 2019 campaign. 

[RELATED: Patriots Explored Cam Newton Deal?]

The deal made plenty of sense for both sides. With $13MM fully guaranteed and $18MM guaranteed for injury, the 23-year-old scored some serious financial security early in his career. Through his first two NFL seasons, the former second-round pick made less than $2.5MM in total.

Meanwhile, the Patriots locked down a tight end coming off of a First-Team All-Pro selection. Although he impressed as a rookie, Gronk took his game to a new level in 2011 as he caught 90 passes for 1,327 yards and 17 touchdowns with a catch percentage of 72.6%. Even today, those numbers stand as Gronk’s career bests.

A broken forearm sidelined Gronkowski for five games in 2012. Shortly after returning, he re-aggravated the injury in the Pats’ first playoff game and missed out on the AFC Championship game. In the offseason, the forearm became infected, forcing the tight end to undergo the third and fourth surgeries of his career. In June of 2013, he had back surgery. Then, in a late-season contest against the Browns, he suffered a torn ACL and MCL in his right knee. Gronk was undoubtedly grateful for his injury guarantees at that time.

There were more ailments to come, including a less serious knee injury in 2015 and a pulmonary contusion in 2016, but Gronkowski continued to be one of the very best at his position. Meanwhile, the salary cap continued to grow and the tight end market advanced. Over time, Gronk’s record-setting deal started to look more and more team-friendly. In 2014, Jimmy Graham signed a deal that made him the league’s highest-paid tight end with an average annual average value of $10MM and $16.5MM in full guarantees.

Eventually, something had to give. Prior to the 2017 season, the Pats tweaked Gronk’s deal to incentivize his performance while protecting the team against another injury-marred season. The deal gave him a base salary of $5.25MM with incentive packages at three different tiers:

  • A total salary of $10.75MM with either 90% play time or 80 catches or 1,200‪ receiving yards or an All-Pro nomination.
  • A total salary $8.75MM with 80% play time or 70 catches or 1,000 receiving yards or 12 touchdowns.
  • A total salary of $6.75MM with 70% play time or 60 receptions or 800 receiving yards or ten touchdowns.

With 1,084 yards (off of 69 receptions with eight touchdowns), Gronkowski satisfied the middle tier requirement. However, thanks to his First-Team All-Pro selection, the tight end maxed out his 2017 package. After that, Gronk asked the Pats to sweeten the pot once again, and they obliged with a similar incentives package worth up to $3.3MM for the 2018 season. The Patriots also came close to sending Gronk to the Lions, an indication that all was not well between the two sides.

The 2018 wound up being Gronkowski’s final season in a Patriots uniform. At the age of 29, Gronkowski retired. One year later, he pushed the Patriots to trade him to the Bucs, rebooting his bromance with longtime pal Tom Brady.

PFR Originals: 6/1/20 – 6/7/20

In case you missed it, here’s a look at some of our faves from the past week: