When you look at what other players are getting, Clay is a bargain. Unless Clay has an undisclosed injury; he won’t be cut or even approached for a pay cut. But, an extension as brilliantly suggested by capologist PackFanWithTwins is a possibility.
Here’s what you’d have to pay for Clay’s replacement:
Unproven newby option:
In 2015, 2 years ago McPhee signed with Bears for 5 years x 7.75M. In 2013 and 14 he didn’t start a game. He played 28% of snaps in ’13 with 2 sacks and 48% of snaps in ’14 with 7.5 sacks. The cap is 18% higher than when McPhee got his contract, that would adjust McPhee’s contract to about 9.1M. So a risky just about totally unproven newby that played about half the snaps and flashed 7.5 snaps will cost about 9M x 5 in 2017. I’d rather have Clay for 11M x 2 years.
Here’s the top paid OLBs by avg salary and what that same contract would look like if signed in 2017:
Miller 19M per 2016 (21M per adjusted to 2017 cap dollars)
Houston 17M per 2015 (20M per adjusted)
Clay 13.2 M per
Jamie Collins 12.5M per 2017
Kerrigan 11.5M per 2015 (15M per adjusted for 2017 cap and extension)
David 10.05M per 2015 (15M per adjusted for 2017 cap and extension)
Irvin 9.25M per 2016 (10.2M per adjusted)
Jerry Hughes 9M per 2015 (10.6M adjusted)
Of all these guys, other than maybe Kerrigan at 15M, Id rather have Clay at 11M x 2. Plus, heading into new season it’s our weakest position. He played with an AC joint last year, that is TJ Lang-like toughness. And if Clay is healthy he can be as dominant as anyone on this list.