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Jenkins reworked his contract for the Eagles and now maybe he wants the same thing?

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  • Jenkins reworked his contract for the Eagles and now maybe he wants the same thing?

    It might just mean that he changed his contract to help the Eagles stay under the cap a year ago and he wants it back now before the impending strike in 2020. Smart move by him to force the payment now if true.




    Why is Eagles’ Malcolm Jenkins (supposedly) holding out for a new deal? This could be 1 possible explanation

    By Zack Rosenblatt | NJ Advance Media for NJ.com

    PHILADELPHIA — Eagles safety Malcolm Jenkins didn’t show up for Organized Team Activities (OTAs) for the second straight week — and fourth straight practice — though that’s not all to surprising, considering he’s a veteran and they are voluntary workouts.


    Still, Jenkins typically doesn’t miss practice this time of the year, and the wind is blowing in the direction of a possible holdout for a new contract. That’ll become more “official” if Jenkins skips mandatory minicamp workouts from June 11-13 at NovaCare Complex.

    There are a few obvious reasons for a holdout, including Jenkins’ importance to the defense (he played every single defensive play last season and hasn’t missed a game in five Eagles seasons), talent (Pro Bowler in three of the last four seasons) and his contract relative to other elite safeties (he’ll only rank 10th among safeties in salary in 2019), but those aren’t the only ones.

    Eagles defensive coordinator Jim Schwartz said Tuesday that “it’s not unusual” for a veteran like Jenkins to be absent during OTAs (full quote at the bottom of this post).

    There is another bigger picture problem that could be at play for Jenkins here, and it has to do with the NFL at large.

    That is: the league could be heading for a lockout after the end of the current Collective Bargaining Agreement in 2021.

    Tuesday, the NFLPA sent a letter to agents suggesting a “savings plan” for rookies to save up money to prepare for a possible lockout.

    What does this have to do with Jenkins?

    Well, during a work stoppage, players won’t be getting their salaries paid, so for Jenkins, it makes sense for him to at least pursue more guaranteed money for the remaining two seasons of his contract, which come before the possible lockout.

    Jenkins has a combined $22.274 million in cap hits over the next two season, though he’ll only earn $15.7 million of that in his base salary, with the rest coming via a prorated bonus and per-game roster bonus. Jenkins restructured his contract to help the Eagles clear some cap space back in September, prorating $7.685 million of his salary over five years.

    Now, it’s possible Jenkins, in part, wants to protect himself in advance of the lockout.

    Here’s what defensive coordinator Jim Schwartz said about Jenkins’ absence in OTAs before practice on Tuesday:

    Certainly, he’s one of our most experienced players and biggest leaders. Again, that’s really not anything unusual when you look around the NFL. There are different guys in, different guys out, different guys have different parts of their career. Some guys benefit from more rest; some from more work. Every case is a little bit different.

    I know this, when the chips are down, you’ll be able to count on Malcolm Jenkins. And a lot of other guys we’re trying to find that out about, and that’s what they’re doing here at this time of year. Malcolm has some of those credits already in his bank account.
    Last edited by Eagle60; 05-28-2019, 11:47 PM.
    "Hey Giants, who's your Daddy?"

  • #2
    NFLPA urges players to plan for a work stoppage that could be 'a year in length'
    May
    28
    5/28/2019 6:55:59 PM
    |More
    DeMaurice Smith, the NFLPA’s executive director, sent an email to NFL agents on Tuesday urging players to prepare for a long work stoppage once the current collective bargaining agreement ends following the 2020 season, Scott Patsko of the Cleveland Plain Dealer reports.

    Details of the email were reported by Liz Mullen of Sports Business Daily. Smith advised players to prepare for a work stoppage “of at least a year in length,” and stressed that now is the time for players to set up a sound financial plan.

    “We are also encouraging all players to save 50 percent of their salary and bonuses and to save the entirety of their Performance Based Pay amounts they should earn over the next two regular seasons,” Smith wrote.

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    "Hey Giants, who's your Daddy?"

    Comment


    • #3
      I'm a bit confused. When the players restructure contracts like that, they convert future salary into a signing bonus -- in other words, they get the full amount up-front right then. It's only the cap accounting which is spread out over multiple years -- the player gets the money right away. They don't earn any extra money by doing that, other than the extra interest he can earn by getting it earlier (or investing it earlier). That does mean that his cap figures are higher than the actual money he will be getting going forward, but he already got the difference.

      I imagine Jenkins wants to be more in line with the newer safety salaries, some of whom got really paid this year. Perhaps he just wants more guaranteed -- not sure how much extra the Eagles can add. I'm sure he would be fine in the case of a lockout, but of course more cannot hurt.

      The lockout warning was probably more to all the guys making closer to minimums, as they are the ones more at risk during a lockout and can put pressure on the NFLPA to get a deal done.

      Comment


      • #4
        That's true FO so that theory is blown out of the water as far as Jenkins is concerned, he just wants more money. I think the safety salary is moot seeing as though he only played safety in about 30% of the plays last year. The majority of time he was either playing linebacker, nickel or corner. He thinks and I agree that he is in his own category and thus should be paid as such. The guy hasn't missed a game in 5 years (please don't jinx him!) and plays 100% of the defensive snaps along with some special team units. He is also the true leader of the locker room too. He deserves the raise IMO. Let's not blow this thing like they did with Dawkins.
        "Hey Giants, who's your Daddy?"

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