Philadelphia Eagles Salary Cap

March 23, 2021

SALARY CAP WOES: 2021

Philadelphia Eagles’ general manager, Howie Roseman, doesn’t have the best reputation when it comes to draft picks, but what he does have is the answer to fix the salary cap issues.

Marked as an “expert” in the field, he tends to extend big-money contracts at a lower salary cap hit by pushing the money into future years when the cap is expected to be higher. This plan may have pulled Roseman out of the woods in the past, but the salary cap for 2021 will not be higher than last year. In fact, it will be $18 million lower — the first time the salary cap has decreased since 2011 due to the COVID-19 pandemic.

Salary Cap Table (Updated: April 20, 2021)

PlayerBase SalaryProrated BonusRoster BonusGame BonusWorkout BonusOther BonusGuaranteed SalaryCap #Dead MoneyCap Savings
Fletcher Cox$15,000,000$7,879,939$1,000,0000000$23,879,939$21,034,757$28,45,182
Brandon Graham$13,000,000$4,928,00000000$17,928,000$17,212,000$716,000
Lane Johnson$9,565,000$8,133,49800$150,0000$9,565,000$17,848,498$39,002,494-$21,153,996
Darius Slay$12,000,000$3,250,00000$500,0000$12,000,000$15,750,000$21,750,000-$6,000,000
Javon Hargrave$12,750,000$2,450,0000000$12,750,000$15,200,000$22,550,000-$7,350,000
Brandon Brooks$10,400,000$4,054,23500$100,0000$10,400,000$14,554,235$22,650,707-$8,096,472
Zach Ertz$8,250,000$4,221,50000000$12,471,500$7,769,500$4,702,000
Derek Barnett$10,051,000000000$10,051,0000$10,051,000
Jason Kelce$5,500,000$2,914,00000000$8,414,000$10,142,000-$1,728,000
Alshon Jeffery2000000559073500000759073511026441-3435706
Malik Jackson2000000361100010000000000561100012644000-7033000
Isaac Seumalo400000014160000000054160004864000552000
Rodney McLeod375000060000007500001000000375000050593756150000-1090625
Marquise Goodwin3950000005000005000000428125004281250
Andre Dillard161969217543840000161969233740767310498-3936422
Jake Elliott250000077400000500000250000033240005596000-2272000
Jalen Reagor1213213180285000001213213301606310857828-7841765
Avonte Maddox21830001564780000023394781564782183000
Dallas Goedert12469475425970000017895445425971246947
Miles Sanders982294479587000001461881959174502707
Jalen Hurts883872485486000088387213693582340330-970972
J.J. Arcega-Whiteside945112405222000001350334810444539890
Rick Lovato9900001875000050000001227500562500665000
Josh Sweat920000149398000001069398149398920000
Davion Taylor814518208073000001022591624219398372
K'Von Wallace78000017652800000956528529584426944
Matt Pryor920000331960000095319633196920000
Genard Avery9200000000009200000920000
Craig James9200000000009200000920000
Treyvon Hester9200000000009200000920000
Jack Driscoll78000012360000000903600370800532800
Jordan Mailata850000223480000087234822348850000
John Hightower7800007501300000855013225039629974
T.J. Edwards8500004168000008541684168850000
Nate Herbig8500004168000008541684168850000
T.Y. McGill9900000000008500000850000
Kevon Seymour8500000000008500000850000
Iosua Opeta8500000000008500000850000
Caleb Wilson8500000000008500000850000
Travis Fulgham8500000000008500000850000
Ross Pierschbacher8500000000008500000850000
Brett Toth8500000000008500000850000
Jason Croom8500000000008500000850000
Blake Countess9900000000008500000850000
Marcus Epps8500000000008500000850000
Shakial Taylor8500000000008500000850000
Shaun Bradley7800004285500000822855128565694290
Quez Watkins7800004241500000822415127245695170
Raequan Williams78000000025000008050000805000
Elijah Riley7800000000007800000780000
Joe Ostman7800000000007800000780000
______________________Top 51 Cutoff______________________________________________________________________________________________________________________________________________________________________________________________________
Jameson Houston7800000000007800000780000
Deontay Burnett7800000000007800000780000
Grayland Arnold7800000000007800000780000
Jason Huntley7800000000007800000780000
Rashad Smith7800000000007800000780000
Michael Jacquet7800000000007800000780000
Joe Bachie7800000000007800000780000
Hakeem Butler7800000000007800000780000
Luke Juriga7800000000007800000780000
Arryn Siposs660000833300150000068333325000658333
Tyree Jackson660000126000000067260025200647400
Matt Leo6600000000006600000660000
Lavert Hill6600000000006600000660000
Khalil Tate6600000000006600000660000
Elijah Holyfield6600000000006600000660000
____________________________________________________________________________________________DEAD MONEY________________________________________________________________________________________________________________________________________
NameCap Number
Carson Wentz33820608
DeSean Jackson5802000
Shareef Miller244196
Prince Tega Wanogho112254
TOTAL40162397

The $182.5 million 2021 salary cap + the $24.5 million in cap space from the 2020 season that the Eagles can rollover results in a projected salary cap of $207 million for Philadelphia.

While it seems like an obscene amount of money to work with, the Eagles’ top-51 players (at the start of 2021) had salaries equating to $248 million. Philadelphia was $41 million over the salary cap — the second-highest behind the New Orleans Saints.

The solution now is to market Philadelphia as a rebuild, focusing on substantial cuts before the start of the new league year on March 17.

THE ‘REBUILD’ TIMELINE

Original 2021 Salary Cap: $175 million

January 4, 2021: The Philadelphia Eagles restructure contracts for WR Alshon Jeffery and DT Malik Jackson. Both players will likely be cut with a post-June 1 designations.

Salary Cap Increased: $180 million

February 18, 2021: Franchise quarterback Carson Wentz was traded to the Indianapolis Colts. The trade does nothing to help the Eagles’ 2021 salary cap issues. Instead, the Eagles take a $33.8 million dead-cap hit — the largest in NFL history.

February 19, 2021: The Philadelphia Eagles announce WR DeSean Jackson’s release, saving $4.8 million in cap space. However, they incur $5.8 million in dead money.

March 1, 2021: The Eagles tender contracts for ERFAs Boston Scott, Alex Singleton, and Greg Ward. This will aid in salary cap issues, as they are only allowed to negotiate with the Eagles.

March 3, 2021: Brandon Graham is working on a restructured contract with the Eagles. He is set to make $18 million this year, however, the restructure will spread the money out between the next two years.

March 4, 2021: The Eagles did not place a tender on punter Cameron Johnston. He will now become an unrestricted free agent.

March 5, 2021: Darius Slay’s contract was restructured, saving the team $9.14 million in cap space. Center Jason Kelce restructures contract. The Eagles are also working on a contract restructure for Lane Johnson. This remains to be determined.

March 9, 2021: Veterans Treyvon Hester and Blake Countess are released from the team. Neither affect the salary cap situation, as both players were on minimum contracts with no guaranteed money.

Salary Cap Increased Further: $182.5 million

March 10, 2021: The Eagles restructure left guard Isaac Seumalo’s contract, freeing up 2.4 million in cap space.

March 11, 2021: Defensive tackle Javon Hargrave has restructured his contract, saving the Eagles $9.4 million.

March 12, 2021: Rumors regarding the trade of Brandon Brooks prove to be false. The Eagles have restructured his contract. This move will save the team $7 million in cap space.

March 15, 2021: The Eagles restructure Jake Elliott’s contract, saving $1.1 million in cap space. The team is also working on a contract extension for Brandon Graham which could free up around $9 million.

March 16, 2021: Wide receiver Marquise Goodwin reverts back to 49ers per terms of his 2020 trade. This will save $4.2 million in cap space.

March 17, 2021: Rodney McLeod’s contract was restructured adding a total of $2 million to cap space savings. The Eagles also release Alshon Jeffery and Malik Jackson with post-June 1 designations. This will add $4 million in savings.

The Philadelphia Eagles are no longer in salary cap debt

March 23, 2021: Wide receiver Deontay Burnett is released, saving the Eagles $780,000 in cap space.