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When it comes to the contract talks between Ja’Marr Chase and the Bengals, both sides managed to keep a tight lid on how negotiations were going in the lead-up to Cincinnati’s opener. However, it looks like some information has finally leaked out.
Before the Bengals’ Week 1 game against the Patriots, Chase had mentioned that the two sides were “pretty close” to getting a deal done and it seems that the only reason it didn’t happen is because Chase and the Bengals couldn’t come to an agreement on one key detail.
Let’s take a look at where things stand:
Bengals made a record-setting offer. Chase wants to be the highest-paid player in the NFL and the Bengals were actually willing to make that happen. According to James Rapien, who covers the team for Sports Illustrated, the Bengals offered Chase a four-year, $140 million extension. At $35 million per year, that would put Chase in a tie with Justin Jefferson for the title of highest-paid receiver in NFL history. The key details of the deal. Getting a big contract isn’t all about average annual value, players also want a lot of guaranteed money. The offer from the Bengals included $90 million in practical guarantees along with a $30 million signing bonus. Jefferson’s contract included $110 million in guarantees, so the Bengals weren’t quite matching that part of Jefferson’s deal. Why Chase didn’t accept the deal. According to SI, Chase didn’t like the structure of the guarantees. The Bengals were looking to pay them out by 2027, but Chase wanted them sooner. Why the Bengals might not be willing to do that. The Bengals have been doing business the same way for years: The only fully guaranteed money a player gets comes during the first year of his deal and that’s usually in the form of a signing bonus. In this instance, Chase would get a $30 million signing bonus, but if the Bengals were sticking to their standard structure, Chase would…
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Source link : https://www.cbssports.com/nfl/news/bengals-made-record-setting-offer-to-jamarr-chase-but-talks-broke-down-over-one-sticking-point-per-report/
Author : John Breech
Publish date : 2024-09-12 13:58:37
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