Bucs And Chris Godwin Take First Step To New Deal

Chris Godwin’s present contract was resulting from void, triggering $18 million in lifeless cash towards the Bucs’ 2025 cap, however the two sides agreed to maneuver that void date to the ultimate day of the league 12 months (March 12). Buys them time to work out a brand new deal and maintain some 2025 cap financial savings.

Bucs WR Chris Godwin – Picture by: USA At the moment

That void would have accelerated the remaining lifeless wage cap expenses on his contract to 2025 leading to an $18,852,000 cost for subsequent season. As an alternative, Tampa Bay and Godwin have agreed to push again the void date to March 14th. This offers the 2 sides extra time to work out an extension that might forestall these lifeless cap expenses from accelerating.

Bucs And Godwin Headed For New Deal

If the 2 sides are capable of work out an extension earlier than March 14th, $11,318,000 of the lifeless cap cost strikes forward into future years. The group can reallocate these cap financial savings to the brand new deal they put in place with Godwin. This isn’t the primary time the Bucs have used mechanisms to offer themselves extra time to work out the correct cope with Godwin. In 2022, the group franchised tagged him for the second consecutive 12 months to purchase time to finalize what would develop into a three-year, $60 million extension with their star receiver.

Bucs WR Chris Godwin – Picture by: USA At the moment

As a result of that, and the franchise tag they positioned on him the 12 months prior that prevented the group from contemplating the tag as a risk this 12 months, lest they commit round $41 million to the receiver.

It has lengthy been speculated that each side have been thinking about a brand new deal, however that is the primary concrete step that has been reported to that conclusion.

Godwin is coming off of a stellar season lower brief by a devastating harm. By way of the primary seven video games of the season Godwin had amassed 50 catches, 576 yards and 5 touchdowns. He was the league chief in receptions when he dislocated his ankle late in a loss to the Baltimore Ravens. That harm would rob Godwin of the remainder of his season and considerably scale back his asking worth for his subsequent deal.

Followers ought to see this as a powerful sign the 2 sides will probably be actively working to a brand new deal over the subsequent 24 days. Present public projections place Godwin’s worth at round $19-20 million per 12 months on a three-year deal most probably.