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How a lot Seahawks are paying former Panthers, Jags WR Laviska Shenault

April 5, 2024
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Phinsider Victory Of The Week Open Thread Vol. 635

When the 2024 NFL season kicks off, kickoffs will look considerably completely different following the adoption by the league of a brand new approach of kicking off. The change ought to return the prominence of the kick return, and likewise the significance of kick returners, and as such it was not a shock when the Seattle Seahawks opted so as to add a flexible athlete with expertise as a returner.

In signing Laviska Shenault the Hawks added a tackle-breaking, yards-after-the-catch machine who may present vital contributions within the return recreation, in addition to incomes touches as a working again and targets as a large receiver. With that versatility in thoughts, Seattle doubtlessly struck gold signing Shenault to a veteran minimal contract that may qualify for the veteran wage profit.

As I guessed on Tuesday following the signing:

NFL minimal wage for a participant with 4 credited seasons, resembling Shenault, is $1.125M.

I’d guess it’s a veteran minimal wage profit contract, which suggests the signing bonus will probably be $167,500, however the contract will carry a cap hit of $1.1525M because of a $140k cap hit discount due to the VSB standing.

Or, in brief, it mainly prices the Seahawks $200k of cap area as a result of rule of 51 and substitute.

And in line with Brady Henderson of ESPN, that guess was fairly spot on.

Laviska Shenault Jr.’s one-year take care of the Seahawks is value $1,292,500 with $1,152,500 totally assured, a supply tells me.

He acquired a $167,500 signing bonus and a $1,125,000 base wage, of which $985K is totally assured.

The deal qualifies for the veteran wage profit.

— Brady Henderson (@BradyHenderson) April 4, 2024

Feeding the beast that’s your unhealthy obsession with dollar-for-dollar cap accounting:

Shenault’s cap quantity needs to be $1,152,500 with the veteran wage profit.

— Brady Henderson (@BradyHenderson) April 4, 2024

As famous, the signing would require roughly $200k in cap area, and certain leaves the Seahawks with proper round $2M of area accessible, nonetheless, after the addition Wednesday of a wage cap analyst to the entrance workplace who beforehand labored for the New Orleans Saints, there needs to be no worries whether or not the crew has the area to make the strikes deemed essential.



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