What a contract offer to Stephon Gilmore might look like
Great, so the need to trade for the player is no longer an option. However, this hurts like a two-sided thorn. The Seahawks could have traded for Gilmore and avoided the mobs of teams trying to sign him. Control his end destination. However, that was a VERY steep price. Instead, Gilmore successfully made it to free agency and a bidding war is about to ensue for his services.
The Seahawks better come in willing to use some of their vast cap space. The team currently has over $11 million in cap room and has more than enough to make a very competitive offer.
So, the question then becomes, what is a competitive offer for a player in his 30’s and coming off three straight Pro Bowls. It’s really a loaded question. Players don’t typically last long in the league after their 30th birthday. However, his production has shown no signs of slowing down outside of a late-season injury last year.
Projected Seahawks contract offer:
Terms: 2 years, $28 million
Average salary: $14 million
Signing bonus: $8 million
Cap hits by year:
- 2021: $5 million
- 2022: $20 million
What this becomes is a one-year contract where the second-year is a team option. It forces the team to either extend him to reduce that $20 million cap hit or cut him after this season. This is about the best contract a team can offer at this point of the season.
It gives Gilmore the money he is seeking today while ensuring he will either hit free agency with full access to other clubs’ banks or a lucrative contract extension with the Seahawks. Either way, he gets the payday he is after.