Breaking down the details of the L’Jarius Sneed deal

New Deal for L’Jarius Sneed: A Comprehensive Look at His Four-Year Contract and Its Implications

L’Jarius Sneed was determined to be the highest-paid cornerback in the NFL, but his new contract details have shown that he did not receive that title. Although his four-year deal has an average payout of $19.1 million, there are several factors to consider when evaluating the value of this contract.

Firstly, while the total average of $19.1 million is lower than the $19.989 million franchise-tag salary for 2024, Sneed will receive $25 million this year and $19 million in 2025. This means that he will earn more money over two years than he would have if he had accepted a second season of the franchise tag in 2024 and explored other options in the following years.

Secondly, the contract includes $44 million in full guarantees at signing, just surpassing the two-year franchise-tag payout of $43.97 million. This means that Sneed has some level of financial security and stability with this deal, even if he does not perform as well as expected or is cut by the team before the end of his contract term.

Finally, it’s important to note that the contract is front-loaded, with higher earnings in the first two years and lower amounts in the final two seasons. This means that Sneed will earn more money upfront under this deal than he would have if he had accepted a second season of the franchise tag and signed a multi-year extension later on.

Overall, while L’Jarius Sneed may not be the highest-paid cornerback in the NFL under this new contract, he still stands to earn a significant amount of money over two years and has some level of financial security with this deal.

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