Link: An inside look at the contract Rodgers-Cromartie turned down from the Broncos

Dominique Rodger-Cromartie flew to Newark last night from Florida to visit with the Jets and Giants over the weekend.  It is not known yet which team DRC will choose next, but what is known is that he turned down a six year $54 million contract from the Broncos.

Why would Rodgers-Cromartie do such a thing?  Mike Klis of the Denver Post explains in an article about the particulars of the contract John Elway offered the veteran cornerback to return to the Broncos.

Klis argues that “no NFL contract is what it seems” and that his agent Eugene Parker knows his way around six year $54 million contracts.  While the contract was generous in the first year, it was what the deal looked like after two and three years that made DRC balk at the offer before Elway moved on quickly to Aqib Talib just as he did with DeMarcus Ware and Jared Allen.

It also should be noted that included in the $10 million, first-year money to Rodgers-Cromartie was a $5 million signing bonus that would have carried future salary cap ramifications and made it extremely difficult for the Broncos to release the cornerback after the first year.

So Rodgers-Cromartie would have made $16 million after two years. And then it would have been $24 million over three years.

That’s the deal Rodgers-Cromartie turned down. The other $30 million over the final three years was essentially fluff.

Brian Bassett, TheJetsBlog.com

Parker and Rodgers-Cromartie are likely going to want to see more guaranteed money up front.  DRC might be the best remaining corner on the market and is arguably the best player still available.  If the Jets are serious about making an upgrade at the cornerback spot DRC as it seems they are, then this player represents their best last shot.

It is no secret that the Jets have been slow-playing the market.  As of Saturday they have the fourth-most cap space remaining but there are plenty of teams who could easily sign Rodgers-Cromartie if they wanted to.  So the good news for the Jets is that they still have $27 million in cap space, not even considering Mark Sachez’s figure.  Meanwhile the Giants have about $11 million in cap space remaining so signing a player like DRC could quickly soak up the rest but is doable.

My hope is that Idzik realizes this is the time to strike for players that could be key contributors to the Jets in 2014 and beyond.  Now that we are through the initial 72 hour flurry, the Jets GM can get players at what he feels like are good values.

But what will be a good value for Dominique Rodgers-Cromartie?  It is fair to say that since the Broncos pulled their deal off the table with DRC that maybe he isn’t worth the $54 million over six years he was originally offered.  Even so, if the Jets want to make the one move that has the potential to solidify this defense they shouldn’t get too cute with the Giants and their recent Super Bowl trophies ready to greet the cornerback when he arrives.




154 comments
Ed D
Ed D

Im thoroughly unimpressed with John Idzik thus far in his first legit chance at free agency...he has slow played the market to the point where the impact players in the secondary have passed us by...and the last one left just went to meet with Mr Mara and Mr Reese. 

"Well what do you want him to do, overpay when the market blah blah blah?'' 

"Idzik draws line in the sand and when that line is drawn, its there, and no one crosses it because John Idzik draws lines in the sand, its a firm line, that no one crosses...'

John Idzik also lets guys walk or doesnt even pick up the phone on guys who other WINNING teams CLEARLY VALUE. There is nothing wrong with spending wisely when you are cap strapped and need to lock a franchise QB like Kapernick or Russell Wilson who is not making a ton of money presently. There is nothing wrong with patience when you HAVE THE TIME to be patient. But in both instances here John Idzik has just been GUN-SHY. He doesn't have the stones and/or the backing from ownership to be able to go out and get players. If either is true then we are just like Idzik...in a series of perpetual LATERAL moves


P.S I bet if Rex knew what he was dealing with after week 17 he wouldn,t have signed the extension...God knows I wouldnt have...Jets would have fired him and he would have DEFINITELY gotten another gig THIS YEAR

Kevin Joseph Patrick
Kevin Joseph Patrick

I'm starting to wonder whether Idzig is purposely trying to put Rex Ryan in a position where he can't succeed this year, gets fired in the offseason & then he can bring in his own head coach. Remember, Rex was a holdover from Mr. T & he was forced on Idzig from Woody Johnson. GM's like autonomy & don't like being told what to do. They like to hire their own head coaches so that coach will carry the GM's message & implement the GM's philosophy to the locker room, to the players. I'm not a fan of Rex Ryan, but I respect the job he did last year. Regardless, he dances to his own beat & he implements his own philosophy on the team. It is the worst kept secret in the NFL that Ryan's defense only succeeds when he has two very good cover corners, allowing him to send his overload blitzes. When Rex can't bring the pressure, his defense gets picked apart. Right now the Jets don't have two very good cover corners. They might have one in Millner, but he's still an unknown. Knowing full well the Jets needed CBs for Rex to run his defense, Idzig cuts Cromartie, let's Revis go to the Pats, watches Talib go to Denver, stands pat as Verner heads to Tampa, and today he allows DR-C leave without a contract, giving the Giants a very good chance to lock him up. It's not as though any of these guys were out of the Jets' price range; they began the offseason with the third most cap space & they are STILL sitting on $20 million cap room. Idzig isn't in a position where he can put a strict value on a player & if he seeks more, he allows the player to walk. The Jets have been an embarrassing franchise for quite a few years now & they have a head coach that everyone knows is fighting for his job & very well not be here next year. Idzig & the Jets are in a position where they may need to overpay players to come here until they put some success together & have something other than just money to entice a player to come here. Take the Giants for example. DR-C will visit with them tomorrow & say they offer a deal that mirrors the one the Jets offered, or even one that may be a million less or a year less. The Giants have two recent Super Bowls, a franchise QB with two Super Bowl MVPs under his belt, and a head coach that should be enshrined in Canton 5 years after he retires. The Jets have 2 division titles since 1970, a head coach that is on the hot seat, and a second year QB that not even his own team is sure that he will be successful in the NFL. If I'm DR-C, I'm signing with the Giants for slightly less or a year less because I know with them that I have a realistic chance to win a Super Bowl with them before my contract is up & I know the system in place will be there beyond my first year. Even if Coughlin retires after 2014, the Giants will most likely pick a coach that helped him win his titles, making any transition very easy. The only way I am picking the Jets is if they pay me significantly more money than the Giants because money is all they have to offer me. It's one of two things going on here: (1) Idzig is overvaluing the attractiveness of playing for the Jets; or (2) he is purposely trying to sabotage Rex so he can fire him & bring in his own guy. If it's not the latter, Idzig needs to pony up & spend some money, even overspend, to bring in some good players.

Scott Berger-Felder
Scott Berger-Felder

Idzik still being mad cheap!!! this aint seattle!!! we are not going to be happy if Milliner and Wilson are our starting corners!!!! you cut/let  everybody go and arent signing anyone!!!

dabronx
dabronx

Dang! DRC is going to regret turning down the Broncos offer. 

theeditor
theeditor

He obviously didn't like the Jets offer because he left to see the Giants. The Jets D is in trouble and Rex cannot be too happy with the laid back approach of Idzik! Saving Woody money but will the defense be able to stop anyone who has a passing game?? Very doubtful right now with the CBs the jets are lining up with.

The problem is Woody Johnson. He is turning into the Dolan of Zknicks infamy.

Sell Woody sell!!!

j3tsfan29
j3tsfan29

Adam Schefter (@AdamSchefter)

3/15/14, 5:56 PM

After meeting with Jets today, Broncos fee-agent CB Dominique Rodgers-Cromartie will be visiting with Giants on Sunday.

Bernard Mclaughlin
Bernard Mclaughlin

Idzik is using the same business model that corporate America is following causing the sluggish economy. he's sitting on piles of cash but won't hire even though theres plenty of people out of work.  not an exact analogy, but there some truth in the comment below. I really think that the rest of the league doesn't have as high and opinion of Geno Smith as a lot of folks on this blog seem to.  receivers and TE's seeing the probability of low receptions don't seem to be jumping into our tent.   right now we  have holes at corner, OG, safety, TE and QB(backup if you still love Geno) we better fill three of those at least before the draft


Kevin Joseph Patrick
Kevin Joseph Patrick

I think DR-C is going to the Giants. If the money is comparable, the Super Bowls will sway him. The whole playing for Rex thing is extremely overstated; players know he is on very shaky ground. The only thing the Jets have to offer is the possibility of bing good this year, but they are still far behind the Pats. The Giants have recent success & a good stable of players to make another run. Anytime you have a QB like Eli Manning on your team, you are always within striking distance of the playoffs & the Super Bowl. That is a lot more than can be said for Geno Smith & the Jets. Sorry, but sometimes the truth hurts.

J. Smooth
J. Smooth

If the Jets don't pick up DRC, I see no need to sign a FA corner. I'd be just as happy with Darqueze Dennard at 18 or Bradley Roby, Kyle Fuller at 49. 

a57se
a57se

Something no one seems to be talking about but we haven't been linked to any Offensive Guards in free agency.....I guess our plan is to bring back Colon on the cheap?

Maybe Ijalana?

You have anything on that Bent?

j3tsfan29
j3tsfan29

I'm fine with idziks approach. But seriously these drawn out contract negotiations are killing me. It shouldn't take a day to figure out if you wanna sign the dotted line. If I have to be patient with his approach I may check myself in as a patient. (See what I did there?

Kyle Ely
Kyle Ely

Hey Bent have you heard anything new on Chris Clemons and the jets?

maxjet
maxjet

Idzik is just on his second year so I still give a chance to see how his "plan" in buildng a championship team turns out. I do believe we are an impatient bunch. Tanny made great headlines in signings and flashy moves in the draft but they ultimately did not produce a championship. What all perenial championship teams have in common is a franchize QB. Sanchez never proved to be the Jet's answer and the Jets championship window closed in 2010 without a SB. So as of now am not too worried about the FA signings. Am more worried as to whether Geno is the one. So, let's patiently build through the draft. But as always, the center piece is always the QB. Hopefully, we can open a championship window by 2015.

frustjetfn
frustjetfn

Sorry, but I'd be surprised if he signs with us. He refused 8M per for first 3 yrs with a fluff 10M for the last 3 yrs. Unless Idzik can change DRC's mind w.guarantees that's not the money Idzik wants to add to his CB budget. Based on track record, Idzik will find someone who isn't established yet but he feels Rex can coach up. Don't look for big names; look for solid indications of talent.

nesboogie
nesboogie

DRC for 6-7 per. No more than that lol

Ed D
Ed D

@Kevin Joseph Patrick I have to admit your idea has crossed my mind...I will tell you right now though that if the Jets continue at this marginal, slow play, coupon clipping strategy and our team/defense takes a huge step backwards and the ball is flying over our heads all over the place...Woody should fire IDZIK, not Rex

joblowme99
joblowme99

Noooooooooooooooo. We need Brandin Cooks or Eric Ebron or Odell Beckham Jr. Nobody else qualifies......Ebron is a stretch too. Lol

dabronx
dabronx

@a57se  Good point. Add OLB to that discussion. McIntyre and Pace are no longer on the team. And I still think Coples would make a better DE than OLB.

elmoron
elmoron

Should've made a move for Dietrich-Smith. The Bucs eventually got him at a pretty decent price. He's my biggest regret thus far in a frustrating free agency.

Bent
Bent moderator

@a57se  KMart "guessed" Colon would be back a few days ago.  I see Ben (and probably Aboushi) as more of a tackle, but I don't know high high they are on Campbell.  Doubt they'd go into the season with any of these (apart from Colon) atop the depth chart though.


I'd love Colon's return to be confirmed asap.  I know he's still injured, but it's not like he'll be getting much in the way of guarantees anyway.

Bent
Bent moderator

@Kyle Ely  Nothing new.  Other than being on the mythical "Persons of Interest" list, I don't think there's been anything much on him.


KMart said the Jets are definitely in the safety market and Manish said after the fact when Usama Young signed that the Jets had interest so maybe it follows that they'd be in for CC if available.

williamg1
williamg1

@frustjetfn  Idzik is taking the long term approach with the team.....


....Except with Rex. With him, he's got him on a "win now or else" contract. 

Bent
Bent moderator

@frustjetfn  Fair enough.  Let it play out and you'll either be surprised or you won't be!

Bent
Bent moderator

@nesboogie  Costello predicted he'd sign for around 7.

Pat d
Pat d

Evans and Lee are better than all the players you listed

Nolan Meyer
Nolan Meyer

What's the deal with Swartz and asamoa

harold
harold

@Bent @frustjetfn

I don't think it is that cut and dry.  I suspect we will sign him and the truth will be we gave him a likely to earned contract with solid guarantees and even cap hits.  But less than 9 million.

jenkins
jenkins

@Bent @jenkins @a57se  yeah, that could be. Figured about 3 of the 5 years guaranteed until he's age 30, but may not have to give that much.

Bent
Bent moderator

@jenkins @Bent @a57se  Might end up pretty similar.  19m guaranteed seems high, but "full" guarantees are pretty rare.

Bent
Bent moderator

@a57se @Disgruntled Jets Fan @Bent  Well, here's the theory (YMMV on how much of a big deal it is).  Assume LTBE incentives.


Team A offers 6m + 4m incentives

Team B offers 8m


- If the guy in team A succeeds, it ends up costing them more.

- If the guy in team A fails, you get to spend another 2m in the future and end up in the same place but you've also had to spend 2m less in the current year


Team B has more certainty and has more money available in the current year - which is important to any GM whose job will be in jeopardy if he can't "win now".


jenkins
jenkins

@Bent @a57se  Why not just offer him the Decker numbers, Bent? Guarantee $19-M?

a57se
a57se

@Disgruntled Jets Fan @Bent@a57se 

If the incentives are likely to be net they apply to your current cap if they aren't they apply the following year so either way it is found money if they aren't mert and you know the consequences if they are met.

I don't see the big deal.

Bent
Bent moderator

@Disgruntled Jets Fan @Bent @a57se  Tannenbaum didn't like them (although maybe that was a team philosophy).  Either way, Idzik is already using them on Cumberland and Breno's deals, so maybe he's shifting that ideal.


The reason the old regime didn't like them was because it made cap planning difficult and as we saw they like to spend up to the cap but still maintain flexibility.  Maybe Idzik's going to leave a little more wiggle room and rely on them more.

Disgruntled Jets Fan
Disgruntled Jets Fan

@Bent @a57se  I like that.  I don't mind when players earn extra money with performance.  I wish more of that was possible.

Bent
Bent moderator

@a57se  It's difficult because Shields and Revis are outliers and Verner/Talib probably are too.


I've been okay with paying a premium to lock up a guy if he's your best option and you desperately need to fill a need in the past.


I say 6-7m, but they arguably saved about a million each on the Breno and Decker deals, so maybe this is where they use that to secure him without smashing their budget.


Given his reputation for inconsistency, incentives might be a very smart way to bridge any gaps.

a57se
a57se

@Bent @a57se@nesboogie 

Well put on your GM hat Bent, what would you put DRC's market value at?

Bent
Bent moderator

@a57se @Bent @nesboogie  I think the sense is that this is the market now.  You can structure the deal in such a way as he has some protection against being cut after three years, then maybe that gives him the security he is looking for.


Ultimately though, that's Coz's prediction, not mine, so you'd have to direct your skepticism at him to get a proper response.


I wonder if his deal will eventually look a bit like the one Cro just finished (which was 4/32 ... and the high cap numbers in the final year was not part of the original deal, it was due to a year three restructuring).

Disgruntled Jets Fan
Disgruntled Jets Fan

@a57se @nesboogie  Both could be true.


Broncos:  We can give you 6 for 54

DRS:  Hmm, maybe but let me check around to see if I can get a better offer

Broncos:  Too late, we signed Talib instead.  Good luck.

a57se
a57se

@nesboogie @a57se 

The article above seems to indicate DRC balked at the contract so Denver moved on .....