Sammy Watkins signed a 1 year, $9,000,000 contract with the Kansas City Chiefs, including a $1,000,000 signing bonus, $8,000,000 guaranteed, and an average annual salary of $9,000,000. I’ve got to sit down with my family, my parents and grandparents and everybody and just see what I want to do.”. Im back KC LETS GET IT..! But as more details emerged about the deal, it became less surprising. So, he needs to best position himself for free agency. One unique note about Watkins’ contract is that he now has a no-trade clause. (Remember: torn-up contract or not, the team still has to account for the last $7 million of the $21 million signing bonus Watkins received two seasons ago). ”You never know. We'll never pass along your email address to spammers, scammers, or the like. When can RB Le'Veon Bell begin to practice, play with Chiefs? Bell to Chiefs: What it means for CEH, K.C. Build your custom FanSided Daily email newsletter with news and analysis on Kansas City Chiefs and all your favorite sports teams, TV shows, and more. by Farzin Vousoughian 8 months ago Follow @farzin21. If Watkins records 65 catches and the team makes the playoffs he makes $750K. Sports. Really this was a win-win situation for all parties. Despite there being reports of a bidding war for Bell's services, Brett Veach and his front office managed to get him under contract on a very affordable one-year deal. More mistreatment claims hit Washington, including Dan Snyder's alleged threat toward cheerleading director, How He Made $2.8M Trading Stocks Part-Time At Home, South Carolina's Shi Smith hauls in wild one-handed catch along sideline (Video), LeBron James is already back in the gym after Finals win, and has a new workout partner, Nick Saban cleared to return to the sidelines, Patriots-Broncos Preview: Keys to a New England win in Week 6, Classic Spy Photos Of The Week: Aborted Acura NSX With V10 Engine, Report: Clippers veterans 'bristled' at Kawhi Leonard's load management, preferential treatment, Injury Wrap: Melvin Gordon out, Julio Jones returns, Jason Collins gives his advice to players thinking of coming out, Kentucky's two pick-sixes spur rout of No. Watkins had his most productive year since 2015 with Kansas City last season, hauling in 52 receptions for 673 yards and three touchdowns. Watkins received a $21 million signing as part of his $30 million guarantee package.
Watkins said he would consider sitting out for a year if the Chiefs won the Lombardi Trophy (per ESPN’s Adam Teicher): “If it suits me and my family and [meets] my needs, for sure,” Watkins said Thursday when asked about possibly renegotiating his contract as the Chiefs prepared for Super Bowl LIV against the San Francisco 49ers. There are likely two reasons for this one. 4 overall pick in the draft out of Clemson. The Chiefs get to keep Watkins — a player they like who is familiar with the offensive scheme — at a much lower cap number. Although Sammy Watkins has been inconsistent in the regular season, he's been one of the team's best players in the playoffs. By restructuring without extending, the Chiefs ensure that when Watkins hits the market next offseason (at still just 27 years old), that they’re in line for a nice compensatory pick for the wideout (likely a 3rd round selection). (In this scenario, it seems unlikely the Chiefs would do this — but you can’t blame Watkins’ camp for being sure). '', — Adam Teicher (@adamteicher) August 9, 2020. The former Clemson star previously posited uncertainty with respect to his future just ahead of the Super Bowl with the Chiefs. For starters, the move gives Kansas City an additional $5 million in cap space for the upcoming season. I don’t know what I’m going to do. But because Watkins achieved none of the following benchmarks in 2019, the rest of the incentives Garafalo laid out will be considered not-likely-to-be-earned (NLTBE) in 2020: This means that even if Watkins earns these NLTBE incentives in 2020, they will be counted against the salary cap in 2021. At the time, Watkins appeared open to a pay cut to remain with the Chiefs and help the franchise set up its books to extend quarterback Patrick Mahomes. Sammy Watkins signed a three year, $48 million contract with the Chiefs on March 14, 2018. What I mean is, they are working as hard as possible to bring the whole band back. While everyone outside the Chiefs’ inner circle was focusing on solving the problem by trading, cutting or extending Watkins, general manager Brett Veach came up with a solution no one was really considering. © 2004-2020 CBS Interactive. Arrowheadlines: Signing Le’Veon Bell is a perfect example of low-risk, high reward, Chiefs headlines for Saturday, October 17, friend-of-the-site Terez Paylor of Yahoo! #RUNITBACKTOUR". It was a number that was entirely too much for the Chiefs to handle in 2020, which left only a … He spent three years with the Bills and made a quick stop with the Los Angeles Rams for the 2017 season before inking a deal to join the Chiefs.
Yahoo! Kansas City could never have traded Watkins with his projected cap hit. Sports broke the news that Kansas City Chiefs wide receiver Sammy Watkins had signed a new one-year contract that would pay him $9 million for the 2020 season and carry a … That just so happens to be the amount needed for the Chiefs to sign their draft class at the end of the month. As mentioned earlier, he will be only 27 during the next offseason, so a productive and healthy 2020 season should put him in line for a healthy payday, likely his final big one, when he signs his next contract. By the same token, if Watkins fails to earn LTBE incentives as expected (for example, he plays in only eight regular-season games in 2020) the difference will be credited against the 2021 cap. Kansas City Chiefs wide receiver Sammy Watkins had contemplated sitting out the 2020 campaign, but instead re-signed with the Chiefs on a one-year deal that can reach up to $16 million in incentives. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: nfl | pageType: stories | Everything you need to know about sports betting starts here. If Watkins reaches eight touchdowns and the team makes playoffs he makes $750K. That makes it a major win-win for both Watkins, and the Chiefs. Now we know: a play that looked like a complete foul-up could easily have snatched victory from the jaws of defeat. And if I’m not, I’m going to take my dreams somewhere else and make the best of it.”. In an interview during Super Bowl week, Watkins made it clear that he loves playing for head coach Andy Reid. Watkins was not a free agent but there was speculation over his future with the team with him due to count $21million against the salary cap in the final year of his previous contract. Specifically, Watkins has a $7 million base salary, a $1 million signing bonus, $1 million in pre-game roster bonuses, up to $1 million in playtime/touchdown incentives (either 75% of the offensive snaps or seven touchdowns), and up to $6 million in performance and postseason incentives. Confirming the deal on Twitter, Watkins posted: "I'm back KC LETS GET IT..! Second, Kansas City’s other option was to cut Watkins. In Kansas City, Watkins has been a strong secondary option for Patrick Mahomes behind fellow receiver Tyreek Hill and tight end Travis Kelce. This would appear to be basically the only incentive Watkins was given to restructuring. These NLTBE incentives add up to a total of $7 million, which means Watkins could conceivably earn $2 million more than he was set to make under his previous contract. #RUNITBACKTOUR. Here’s a look at the base salary, bonus numbers and cap numbers on Watkins’ new deal courtesy of OverTheCap: The latest estimation by OverTheCap puts the Chiefs at $3.4 million in total cap space. Sports broke the news that Kansas City Chiefs wide receiver Sammy Watkins had signed a new one-year contract that would pay him $9 million for the 2020 season and carry a …
Sports broke the news that Kansas City Chiefs wide receiver Sammy Watkins had signed a new one-year contract that would pay him $9 million for the 2020 season and carry a salary-cap hit of $16 million — thereby giving the Chiefs $5 million in desperately-needed cap space. The base salary of the contract will be prorated based on the five games that he has already played for the Jets this season. Covering the impact of coronavirus on the sports world.
Although Sammy Watkins has been inconsistent in the regular season, ... Chiefs must keep and restructure Sammy Watkins’ contract.
As recently as Thursday, head coach Andy Reid wouldn't commit to having Watkins when they begin the 2020 season, but that could in hindsight be looked at has Reid possibly playing his cards close to the vest with knowledge of this restructuring on the horizon.
Watkins previously carried a $21 million dollar cap hit for the 2020 NFL season.
Watkins made one of the biggest plays of the Super Bowl, beating San Francisco 49ers cornerback Richard Sherman for a 38-yard gain to set up the go-ahead touchdown for the Chiefs. Partner of iOne Digital / Cassius Network. All of those statistical incentives only activate if Kansas City reaches the playoffs. That means Brett Veach can’t turn around and trade Watkins during the 2020 NFL season unless Watkins were to waive that no-trade clause. This deal also comes with a no-trade clause.
Sammy Watkins’ new contract with the Chiefs is the latest proof of how drastically this offseason changed within a matter of a few weeks. After all, they had just $177 in available salary cap space prior to this restructure, so this seemed like a logical way to give themselves some wiggle room. Cleveland traded this selection to Buffalo in exchange for Buffalo's 2014 first round selection (the 9th pick, later traded by Cleveland to Minnesota, who used it to select UCLA linebacker Anthony Barr), and their first and fourth round selections in 2015 (19th Cameron Erving C & 115th Ibraheim Campbell S) He was the first wide receiver selected by the Bills in the first round since Lee Evans in 2004, and the earlies…
I've identified a number of college prospects to keep an eye on ahead of the 2021 draft.
If we win it, I might chill out.
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