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Per Rappaport  It’s done: The #Jets and first-round rookie Zach Wilson have agreed to terms, source said. He gets his signing bonus within 15 days, NYJ gets its offset.

Now grown men can stop crying. 

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8 minutes ago, freestater said:

Everybody saying the missed days are no big deal are essentially calling our HC a liar when he said all these TC reps are precious. 

Yep, nothing to do but stick with the Captain Morgan this season. Too bad Zachy!

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1 hour ago, Jimmy 2 Times said:

Luckily this is the last rookie franchise quarterback we'll have to sign for the next 20 years!  

Sounds like you have more confidence than Wilson himself has. 

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Just now, The Crusher said:

Yep, nothing to do but stick with the Captain Morgan this season. Too bad Zachy!

When his first NFL throw is a pick six, I'll know who to blame.

jeff goldblum attention GIF

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5 minutes ago, kdels62 said:

671F1991-8386-40B4-9628-6D98EFA91EB1.thumb.png.3a0faec0a5905795ad8629422fc306ae.png
 

No Jets hat in signing photo… weird Instagram story about the money and negotiations

I don't really know this too much, but isn't that something that the byu sports flash people posted and he is just reposting? Either way, I agree that it is peculiar to comment on negotiations in social media.

 

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20 minutes ago, Dinamite said:

I don't really know this too much, but isn't that something that the byu sports flash people posted and he is just reposting? Either way, I agree that it is peculiar to comment on negotiations in social media.

 

It is that but the content is still weird.

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8 hours ago, Action Zachtion said:

Disagree.  Still a bad move.

Disagree with what? Joe Douglas didn't let Zach agents get the off set language taken out...that is a good move for jets...I'm not sure I need to explain how it protects the team from signing a crappy player.

Zach signs his contract and get paid. Another pretty good move ...

I'm not sure how any of it is bad. Should he have signed it earlier absolutely but none of it was unforseen or unusual. 

Give me a break all these guy that just beg the jets to do things stupidily just because former GMs did. And the whole well Jacksonville ncrap ..yeah well Jacksonville and stupid. They should have offset language inn there.

Anyway whatever. Joe did his job protected the team and got his guy at 2. Go jets

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4 hours ago, BornJetsFan1983 said:

Disagree with what? Joe Douglas didn't let Zach agents get the off set language taken out...that is a good move for jets...I'm not sure I need to explain how it protects the team from signing a crappy player.

Zach signs his contract and get paid. Another pretty good move ...

I'm not sure how any of it is bad. Should he have signed it earlier absolutely but none of it was unforseen or unusual. 

Give me a break all these guy that just beg the jets to do things stupidily just because former GMs did. And the whole well Jacksonville ncrap ..yeah well Jacksonville and stupid. They should have offset language inn there.

Anyway whatever. Joe did his job protected the team and got his guy at 2. Go jets

It's bad because he didn't need to miss two days of camp for that.  That was always going to be the outcome.  It's what Sam got, it's what Lance got.

It really isn't a big deal.  Honestly missing two days isn't going to kill anyone and we shouldn't make it out to be a big deal - because it's not a big deal - but it was entirely unavoidable.  That's all.

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10 hours ago, hawk said:

Sounds like you have more confidence than Wilson himself has. 

Every new quarterback brings out my hopeful side! 
 

That usually wears off by week 4 though.

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18 hours ago, nycdan said:

So now that he's signed, can we start the thread about trading him for draft picks?  Or do we give him a few practices first?

Draft picks.... We have a fan base that already started a thread about trading him for Watson lmao...

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https://www.profootballnetwork.com/zach-wilson-contract-details-salary-bonuses/

Zach Wilson’s contract details, salary cap impact, and bonuses

 

Having been selected second overall by the Jets, what is Zach Wilson's contract worth, and what impact will he have on the Jets' salary cap?

July 27, 2021

The New York Jets made Zach Wilson the second overall selection in the 2021 NFL Draft, but what is his contract worth, and what is the salary cap impact during the contract? Below we will look at the full value of the contract, the salary cap impact throughout the deal, and the Jets’ options with Wilson in the future.

Zach Wilson’s contract details and bonuses

As with all rookie contracts since the Collective Bargaining Agreement in 2011, the value of Wilson’s deal was assigned based on his second overall draft position. The value of the contract was set at a fully guaranteed $35.1 million on a four-year deal with a fifth-year team option. The fifth-year option is not accounted for in the $35.2 million. Instead, it’s based on Wilson’s performances in his first three years in the league.

The specifics of Wilson’s contract include a signing bonus of just under $22.9 million with around $12 million in salary. All of that money is guaranteed, assuming Wilson does nothing that would warrant the contract being voided.

What impact does Wilson’s deal have on the Jets’ salary cap?

While Wilson will receive around $23.5 million in cash as a rookie, his salary cap number is significantly different.

Wilson’s $23 million signing bonus will prorate across the four years of his contract at just over $5.7 million per year. That $5.7 million combines with Wilson’s salary for each year to determine his salary cap number.

In 2021, Wilson is projected to count for just under $6.5 million in salary-cap space. That number rises to approximately $8 million in 2022, $9.5 million in 2023, and $11 million in 2024.

What options do the Jets have with Wilson’s contract?

The structure of rookie contracts somewhat limits the Jets’ options with Wilson. As mentioned above, the deal is fully guaranteed. Therefore, even if the Jets want to release Wilson, they will not save any part of the $35.2 million.

The only exception would be if Wilson were to violate the team or league code of conduct. If that were to occur, the team could void the remaining guaranteed money and reclaim some of the signing bonuses.

If the Jets decide to move on from Wilson during his contract, the prorated signing bonus will accelerate onto their cap. That would happen in the season they released him or split between the next two seasons if done after June 1. If the Jets cut Wilson ahead of 2022, they would have approximately $29 million in dead money. That would be expected to drop to around $20.5 million in 2023 and $11 million in 2024.

When is Wilson eligible for an extension?

The Jets and Wilson cannot agree to a contract extension until after Wilson’s third year in the NFL. Therefore, Wilson will be eligible for an extension after the conclusion of the 2023 season. That 2024 offseason will be an intriguing one for Wilson and the 2021 NFL Draft class. Additionally, this is the time that the Jets will have to decide on whether to exercise Wilson’s fifth-year option or not.

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