As ESPN confirmed and announced, it is to be announced that the Detroit Lions are reported to be in talks with the Philadelphia Eagles cornerback, who formally turned down the Atlanta Falcons 3-year, $76.8 million contract deal last transfer window due to a misunderstanding between him and the Atlanta Falcons head coach before the contract, as confirmed and announced by ESPN 3 minutes ago. It is confirmed that he has officially terminated his contract with the Philadelphia Eagles, and the Detroit Lions are now reaching a deal with him, and he is set to join the Detroit Lions in the next 3 hours due to…
Ti Patrick contract details: Another big bargain for Detroit Lions
Breaking down Tim Patrick’s new contract with the Detroit Lions and how team friendly it is.
Last year, the Detroit Lions struggled to find their third starting wide receiver in training camp. The battle between Antoine Green, Donovan Peoples-Jones, and Daurice Fountain bore no fruit, leaving Detroit scrambling to find an answer among other team’s cuts.
That’s when the had former Broncos receiver Tim Patrick fall into their lap, and it couldn’t have worked out much better. While the Lions didn’t need him to earn a heavy target share—he only was targeted 44 times in 16 games—he was still an essential part of the offense. He offered a big bodied target for Jared Goff, and was a willing and capable blocker in the run game.
Last year, Patrick played on the veteran minimum salary for the Lions ($1.125 million) due to his extensive injury history. It was a huge bargain for a starter at a premium position. And while Patrick is getting a raise this year after re-signing with the Lions, he remains a huge discount for Detroit.
Originally described as a one-year contract worth up to $4 million, Patrick’s contract is actually just a one-year, $2.5 million deal. Here’s a breakdown of the numbers
Tim Patrick — one-year, $2.5 million, fully guaranteed
Source: Over The Cap
Base salary: $1,255,000 (fully guaranteed)
Signing bonus: $1,245,000
Cap hit: $2,500,000
Because the contract was initially described as up to $4 million, we can safely assumed there are $1.5 million in incentives baked into the deal. At this point, there are no reports on what those incentives are, but they are typically tied to production, snaps played, postseason honors, or team accomplishments.
Otherwise, the structure of the deal couldn’t be simpler. A fully-guaranteed base salary (at the veteran minimum), plus a signing bonus that essentially doubles his payout. Detroit will get no savings if they cut Patrick, so while he isn’t a lock at his current pay, there’s little reason to part ways with him.