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Agent’s Take: DeAndre Hopkins was a big winner in self-negotiated contract extension with Cardinals – CBS Sports

DeAndre Hopkins shocked the NFL community Tuesday when news broke about the contract he negotiated without an agent. The perennial All-Pro wide receiver parted ways with his agent, Todd France, in June. Instead, Hopkins, who was dealt from the Texans in March, utilized a small team of trusted advisors to assist him in his contract discussions with the Cardinals

The deal is better than anyone ever could have imagined. Hopkins signed a two-year, $54.5 million contract extension averaging $27.25 million per year. $42.75 million of Hopkins’ contract is fully guaranteed, which includes a $27.5 million signing bonus. Hopkins got a no-trade clause, the final year of the contract can void based on his performance and the Cardinals can’t designate him as franchise or transition player when the deal expires.

Some are mischaracterizing the deal as five years worth $94.415 million averaging $18.883 million per year since Hopkins had three years remaining on his contract for $39.915 million. That isn’t how contract negotiations work in the NFL. Every deal I did in my numerous years as an agent was over how much new money and how many new contract years when a player had contract years remaining. Negotiations weren’t as if deals were being ripped up like a player wasn’t already under contract. 

Former longtime Eagles president and Browns CEO Joe Banner concurred. His early mastery of the salary cap and philosophy of re-signing core players well in advance of their contracts expiring was instrumental in Philadelphia making four consecutive NFC Championship Game appearances in the early 2000s.

The Numbers

Hopkins was scheduled to make $12.5 million this year, $13.5 million in 2021 and $13.915 million in 2022 before his extension. None of Hopkins’ money was guaranteed. 

Hopkins is getting is a $16.5 million raise this year. His 2020 compensation consists of a $27.5 million signing bonus and a fully guaranteed $1.5 million base salary. The Cardinals gain $5.5 million of salary cap room in the process as Hopkins’ 2020 cap number goes from $12.5 million to $7 million.

There’s a $9 million option bonus in 2021 to pick up Hopkins’ 2024 contract year with a $14.915 million base salary. The option for 2024 must be exercised during the first 10 days of the 2021 league year. The $9 million payment must still be made if the Cardinals decline to pick up the option. In both cases, Hopkins has a fully guaranteed $4.75 million 2021 base salary. Since option bonuses are prorated in the same manner as signing bonuses and it’s an absolute certainty the 2024 contract year will be picked up, the Cardinals will get $1 million in 2021 cap relief from Hopkins’ extension. His new 2021 cap number is $12.5 million.

Hopkins’ $6.65 million 2022 base salary, which is guaranteed for injury at signing, becomes fully guaranteed next March on the fifth day of the 2021 league year. He also has a $10.65 million fifth day of the league year roster bonus in 2022. Hopkins’ 2023 base salary is $19.45 million. The cap numbers for 2022, 2023 and 2024 are $25.05 million, $27.2 million and $22.665 million respectively.

The Voidable Provision

Hopkins can void the 2024 contract year based on his performance during the 2020 through 2023 seasons. There are four different ways for Hopkins to get out of the final year. Hopkins can have his freedom by catching at least 400 passes, reaching 5,000 receiving yards, having 40 or more receiving touchdowns, or being named first team All-Pro/All-NFL four times. Accomplishing any of these four things will suffice.

Hopkins has a pretty good chance of voiding the 2024 contract if he continues producing as he has so far during his career. He had exactly 400 catches during the 2015 through 2018 seasons. Hopkins had 5,425 receiving yards during this span. He has also hit 5,000 yards during the four-year period of 2014 through 2017 (5,063) and 2016 through 2019 (5,069). The most receiving touchdowns Hopkins has during four straight seasons is 39. This was from 2015 through 2018. He currently has a three-year streak of first team All-Pro/All-NFL honors, which is the longest of his career.

Hopkins eliminating the final year of the contract would make the deal a one-year extension for $39.585 million. At 31, Hopkins would have extreme leverage over the Cardinals for a new contract because of an inability to keep him from hitting free agency thanks to the franchise/transition tag prohibition while likely remaining in the discussion of the NFL’s best wide receiver with sustained outstanding performance.

Deciphering The Deal

Hopkins becomes the highest-paid non-quarterback in NFL history at $27.25 million per year. The last wide receiver to become the NFL’s highest-paid non-quarterback was Calvin Johnson in 2012 when he signed a seven-year, $113.45 million extension averaging $16,207,143 per year. Johnson replaced Cardinals wide receiver Larry Fitzgerald, who signed a seven-year, $113 million extension shortly after the 2011 lockout ended, as the top paid non-quarterback. Since 2014, a defensive lineman or edge rusher has set the market for non-quarterbacks.

Hopkins raises the bar for the wide receiver market by nearly 24 percent. Julio Jones had been the league’s highest-paid wide receiver with the three-year, $66 million extension averaging $22 million per year he received from the Falcons in 2019. He falls short Jones’ wide receiver marks of $64 million fully guaranteed at signing and $66 million of overall guarantees. 

Hopkins’ $27.5 million signing bonus is the biggest ever for a wide receiver and the fifth most for a non-quarterback currently under contract. His $42.75 million fully guaranteed is the second-best in a wide receiver contract. Hopkins has $49.4 million of overall guarantees. It’s practically $60.05 million, which equals his cash in the first three years since his 2022 salary guarantees vests in 2021 and it would be too cost-prohibitive from a salary cap standpoint to get rid of Hopkins before his $10.65 million March 2022 roster bonus is due. 

Hopkins is also second to Jones’ $66 million in three-year cash. His $60.05 million is $50,000 ahead of Cowboys wide receiver Amari Cooper’s $60 million. With $60.05 million in cash, Hopkins is getting a $20.135 million raise during the three remaining years of his contract. 

It’s conceivable that Hopkins could have bettered Jones in most, if not all, of those categories where he lags behind him had he not pushed for a way of exiting the deal early in order to get back to the negotiating table sooner. Hopkins is potentially the second-highest-paid player in the league because of the voiding mechanism. Reducing the deal to a one-year extension worth $39.585 million would put him $585,000 per year ahead of his former Texans quarterback Deshaun Watson, who just signed a four-year, $156 million extension averaging $39 million per year.

Even if Hopkins can’t hit the performance thresholds to void, he has an insanely frontloaded extension. He gets just over 72.5 percent of the new money by the end of 2023, the first new contract year. The Cardinals really should have insisted on a more team-friendly cash flow where Hopkins’ 2024 compensation was at least $20 million since voiding is a possibility.

Something I pay close attention to is how contracts measure up adjusted for salary cap inflation. Hopkins’ $27.25 million per year is the most for a non-quarterback since the 2011 Collective Bargaining Agreement was implemented. Johnson and Fitzgerald’s deals equate to $26,635,620 and $26,579,558 per year under the current $198.2 million salary cap.

Hopkins’ $27.25 million per year is also the seventh-best when all contracts in the salary cap era are adjusted. He is right behind Hall of Fame wide receiver Randy Moss, whose $9.3 million per year seven-year extension from 2001 translates to $27,346,043 per year in today’s salary cap environment.

Final Thoughts

Hopkins has aspirations of becoming a general manager once his playing days are over. He hit a grand slam home run in his first foray into the NFL business world. Some of the concessions he got from the Cardinals, such as the voidable mechanism and the no franchise/transition tag clause are stunning. Hopkins just might be in the running for the NFL Executive of the Year award someday after he embarks on his second career.

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Deandre Source

Source — DeAndre Hopkins, Cardinals agree to 2-year extension worth $54.5 million – ESPN

12:54 PM ET

  • Josh WeinfussESPN Staff Writer

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    • Covered the Cardinals since 2012
    • Graduate of Indiana University
    • Member of Pro Football Writers of America

DeAndre Hopkins has his deal, and the Arizona Cardinals have their star wide receiver for the foreseeable future.

The Cardinals and Hopkins agreed to a two-year extension worth $54.5 million with $42.5 million guaranteed, a source confirmed to ESPN. The Cardinals announced the extension later Tuesday but did not disclose terms.

The deal keeps Hopkins in Arizona for five years — through the 2024 season — and $94 million total, for an annual average of $18.8 million, meaning he’s likely to be the heir apparent to Larry Fitzgerald‘s role with the franchise.

The deal was first reported Tuesday by NFL Network.

The Cardinals landed Hopkins and a fourth-round draft pick in a March blockbuster trade with the Houston Texans, who received running back David Johnson, a second-round pick and a 2021 fourth-round pick. In acquiring Hopkins, the Cardinals also inherited his contract, which had three years remaining on the five-year, $81 million deal he signed with Houston in 2017.

Hopkins, 28, had been seeking a new deal at the time of the trade and reportedly was trying to restructure his existing contract with the Texans. Cardinals general manager Steve Keim said multiple times this offseason that the team hoped to sign Hopkins to a long-term deal and that the sides were engaged in ongoing talks.

Hopkins took to Twitter on Tuesday afternoon, indicating his relief over the lucrative extension.

I can see clearly now the rain is gone. pic.twitter.com/F6JRljSFcs

— Deandre Hopkins (@DeAndreHopkins) September 8, 2020

Hopkins was scheduled to earn a base salary of $12.5 million in 2020, which was the sixth-most in the NFL this season behind Cincinnati’s A.J. Green, Indianapolis’ T.Y. Hilton, Buffalo’s Stefon Diggs, and Cleveland’s Odell Beckham Jr. and Jarvis Landry.

Since being selected 27th overall in the 2013 NFL draft, Hopkins has put together a résumé that has early signs of being Hall of Fame-worthy despite having caught passes from 10 different quarterbacks.

Hopkins has the third-most receiving yards and catches, second-most touchdowns and most targets in the NFL since 2013. He also has the third-most receiving yards since 2017 with 4,115, behind only Atlanta’s Julio Jones and New Orleans’ Michael Thomas.

Hopkins had 1,165 yards and seven touchdown catches last season — his third straight 1,000-yard season and his fifth in six years.

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Deandre players

NFL players Deandre Baker, Quinton Dunbar turn themselves in – CBS News

Two NFL players accused of armed robbery and assault in Miramar, Florida, turned themselves in Saturday, according to police. New York Giants cornerback Deandre Baker and Seattle Seahawks cornerback Quinton Dunbar were each charged with four counts of armed robbery with a firearm Thursday.

“Confirming that Deandre Baker and Quinton Dunbar have both turned themselves in (at the Broward County jail). No additional information will be provided at this time,” Miramar Police said in a tweet.

According to police, Baker, 22, and Dunbar, 27, were both at a party Wednesday night where they and at least one other person allegedly robbed other attendees of thousands of dollars in cash and valuables.

According to CBS Miami, one witness told police “attendees were playing cards, video games and gambling” when an argument broke out involving Baker. Baker flipped the table they were playing cards at and pulled out a gun, the witness said.

Witnesses gave conflicting statements on whether Dunbar was armed. One person claimed he did have a gun, another said he was just “directing others to take valuables.”

In addition to the armed robbery charges, Baker has also been charged with four counts of aggravated assault with a firearm.  

Witnesses said Baker, Dunbar and two other men fled the scene in three different cars. The witnesses also claimed the cars were parked in a way that made it easy for them to escape quickly, leading them to believe the robbery was planned.

The two men allegedly stole more than $7,000 in cash and at least two watches valued at $18,000 and $25,000 each, police said.

Dunbar’s attorney, Michael Grieco, said, “He did not participate in any robbery,” CBS Mimai reports. He said that four alleged victims and a witness changed their stories saying “…any robbery or assault did not involve Mr. Dunbar…” that “…he fled the home.”

Baker was a first-round draft pick for the Giants in 2019. Dunbar signed with the Washington Redskins as an undrafted free agent in 2015. He was traded to the Seahawks in March. Both men are from Miami.

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Deandre NFL's

NFL’s Deandre Baker & Quinton Dunbar Accused Of Armed Robbery, Warrants Issued – TMZ

Exclusive Details

4:27 PM PT — The Giants have issued a statement regarding Baker’s alleged role in the robbery … saying, “We are aware of the situation. We have been in contact with Deandre. We have no further comment at this time.”

Two NFL players — including a 2019 1st round draft pick — have been accused of armed robbery and arrest warrants have been issued, TMZ Sports has learned.

Law enforcement confirms NY Giants cornerback Deandre Baker (the 30th overall pick in 2019) is facing 4 charges of armed robbery and 4 charges of aggravated assault with a firearm.

Seattle Seahawks corner Quinton Dunbar is facing 4 counts of armed robbery.

According to police, the two men were partying in Miramar, FL on May 13 … when things took a disturbing turn.

Cops say Baker and Dunbar were allegedly hanging at a cookout — playing cards and video games — when an argument broke out and Baker whipped out a semi-automatic firearm.

Cops say the men began to rob party guests … with Dunbar assisting in taking watches and other valuables at the direction of Baker.

At one point, cops say Baker directed a 3rd man — who was wearing a red mask — to shoot someone who had just walked into the party … but fortunately, no one was actually shot.

Law enforcement says the men made out with more than $7,000 in cash — along with several valuable watches including an $18,000 Rolex watch, a $25,000 Hublot and a pricey Audemars Piguet timepiece.

There are conflicting reports from witnesses about whether Dunbar was armed with a gun — some say he was, others say he was not.

One witness told cops they had met Baker and Dunbar at a party a few days earlier in Miami — at which the NFL players had “lost” around $70,000.

Our sources tell us the men had “lost” the money in high-stakes card games and other forms of gambling.

One witness told cops the men were gambling again at the May 13 event … when an argument broke out and Baker allegedly flipped a table and busted out his piece.

According to cops, some people at the party believe it was a planned robbery because when the 3 men were done taking valuables, there were 3 getaway cars strategically positioned to “expedite an immediate departure.”

FYI, the alleged getaway cars were SICK — a Lamborghini, a Mercedes-Benz and a BMW.

The Miramar Police Dept. says warrants for the two NFL players’ arrests have been issued … though neither player is currently in custody.

Cops tell us they have been in contact with reps for the suspects and they’re currently working on a planned surrender.

22-year-old Baker — a former Georgia Bulldog superstar — was picked with the 30th overall selection in the 2019 NFL Draft and is expected to compete for a starting job on the Giants this season.

27-year-old Dunbar, meanwhile, was just traded from Washington to the Seahawks in March after starting 25 games for the Redskins from 2015-2019. He’s also expected to compete for starter’s minutes in Seattle.

Originally Published — 4:05 PM PT

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