The #Eagles are giving CB Steven Nelson a 1-year deal worth $2.5M base and up to $4.125M including incentives. The experienced veteran fills a key hole before camp.
— Ian Rapoport (@RapSheet) July 26, 2021
The Philadelphia Eagles agreed to a one-year deal with former Steelers and Chiefs cornerback Steven Nelson on Sunday, giving Darius Slay much-needed help on the outside.
NFL Network Insider Ian Rapoport is reporting that Nelson’s contract is actually worth $2.5 million in base salary and up to $4.125 million with incentives.
With Nelson now in the fold, here’s a look at Philadelphia’s updated salary cap situation.
Eagles had about $4 million in cap space
Philadelphia Eagles general manager Howie Roseman, left, watches NFL football practice at Lincoln Financial Field, Friday, June 4, 2021, in Philadelphia. (Tim Tai/The Philadelphia Inquirer via AP, Pool)
Before signing Nelson, the Eagles had around $4.8 million in salary-cap space, with Landon Dickerson still unsigned as a second-round pick.
#Eagles have about $3M in cap space so my guess would be that the Nelson contract will have four void years in it. Can turn a $4M contract into a $1.6M cap hit for the year.
— Jason_OTC (@Jason_OTC) July 25, 2021
If Roseman did add dummy years, Over The Cap is reporting that Philadelphia could save $2 million in cap space by spreading Nelson’s money out.
Landon Dickerson
Philadelphia Eagles offensive lineman Landon Dickerson warms up during rookie minicamp at the NFL football team’s training facility, Friday, May 14, 2021, in Philadelphia. (Tim Tai/The Philadelphia Inquirer via AP, Pool)
As the 37th player picked in the 2021 NFL Draft, Dickerson is slotted to receive a four-year contract worth about $8.66 million, including a signing bonus of around $3.66 million.
The haggle could be over guaranteed
Zach Ertz
Ertz is heading to training camp and if he’s on the Eagles roster, he’ll be due $8.5 million in salary. The Eagles could save $4.5 million by moving on from the tight end.
