Two weeks ago, the Philadelphia Eagles drafted their quarterback of the future when they selected North Dakota State quarterback Carson Wentz second overall.
They have now locked him up on his rookie contract.
— Philadelphia Eagles (@Eagles) May 12, 2016
While the Eagles’ press release didn’t necessarily get too much into details regarding the contract, Pro Football Talk’s Mike Florio is reporting that it includes off-set language — a structure that has acted as a holdup with draft picks in the past.
“Per a source with knowledge of the situation, Wentz is signing the four-year deal presently. The Eagles secured a verbal understanding from Wentz and Jared Goff before making the trade to No. 2 in the draft that either player would agree to offset language if they become Philadelphia’s pick. Both players indicated that they would accept that term.”
The issue of off-set language caused a holdout from last year’s No. 2 pick, quarterback Marcus Mariota, that lasted nearly into training camp before it was finally resolved.
The offset language will only come into play if Wentz is released during this contract. If that happens, the Eagles would only owe the difference between his new contract and his old one.
Without it, Wentz would be owed the full contract with the new team and 100 percent of whatever remains from his rookie deal in Philadelphia.
The deal is worth $26.7 million guaranteed with a team option for a fifth season.