The news broke Wednesday afternoon that the Jacksonville Jaguars likely had an offer sheet that C Alex Mack was going to sign. Now, Mike Florio of Pro Football Talk is reporting the possible structure of the deal. Here is what PFT says:
- Over the first two years of the deal, the contract pays out $18 to $20 million, all of which is fully guaranteed.
- Over the first three years of the deal, the contract would include $27 million guaranteed. However, Mack would have the ability to opt-out of his contract after the first two years (after the 2015 season).
So basically it's whether the Browns want to dish out $8m or so for '15 (in addition to the $10m this year). Possible void after that.— Mike Garafolo (@MikeGarafolo) April 10, 2014
If those are the general terms of the deal, it makes all the sense in the world to sign Mack. Let's assume that the guaranteed money over the first two years of the deal is $10 million for each year. That would actually be less money than if they had used the transition or franchise tag, and they'd at least be guaranteeing his future with the team for 2014 and 2015. It would also keep the Browns at about $30 million in cap space for 2014.
The beauty about this deal would be that it's completely fair to Mack. It gives him financial security -- instead of a one-year deal in which an injury would cost him a lot of money, he's getting at least three years of financial protection. On top of that, if he doesn't think the Browns have turned things around by 2016, he can opt out and head to another team without worrying about Cleveland using a transition or franchise tag on him.
Mary Kay Cabot of the Plain Dealer says that Mack might sign the offer sheet on Thursday or Friday. Once he signs, the Browns will have five business days to match the offer. If the terms that PFT described are accurate, would you take the deal, Browns fans?