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On Wednesday, false reports, unfounded rumors and shenanigans on Twitter regarding an imminent trade by Jaguars defensive end Yannick Ngakoue were brought to light on Wednesday. While it can still happen, it hasn’t happened yet – and there are some very important reasons why it won’t be easy to accomplish.
First, and most importantly, Ngakoue cannot be signed for a long term deal if / when negotiated. This opportunity came and went with the passing of July 15th; anyone negotiating for Ngakoue gets a one-year contract, with no possibility of signing him for a long-term deal until the end of the regular season.
Second, and tied to the first point, Ngakoue will have huge leverage once the regular season is over. With a bid of $ 17.8 million for 2020, Ngakoue’s franchise label for 2021 would hit $ 21.36 million – in a year that could feature a salary cap as low as $ 175 million. So whoever gives up Ngakoue’s value in trade and pays him $ 17.8 million now will pay him $ 21.36 million in 2021 or give him a long-term deal with $ 21.36 million for 2021 as starting point or will watch it go away.
These two factors will make it much more difficult for Jaguars to obtain value in the trade. Last year, the Texans got just one third-round pick (and a few throw-ins) for defensive end Jadeveon Clowney. For that to happen, Houston had to pay $ 7 million of its $ 15.97 million to secure the deal.
So the Jaguars will either have to pay part of Ngakoue’s compensation to get solid business value, or they’ll have to take less business value as the new team pays $ 17.8 million.
Alternatively, the Jaguars could cancel the franchise tender, given that Ngakoue did not sign it. It’s hard to imagine anyone paying Ngakoue $ 17.8 million for 2020 if he finds himself in the market three weeks before the start of the regular season. From Jacksonville’s perspective, they wouldn’t get any pick in the 2021 compensatory draft if he signed elsewhere. In this insane and unprecedented season, however, there is real value to creating $ 17.8 million in cash and caps.
There is one final option: Another team could yet sign Ngakoue for an offer sheet, including a long-term contract. If the Jaguars don’t match, they would get two first-round picks. Although theoretically possible, it is highly unlikely. (Additionally, the offer sheet strategy cannot be manipulated to set up a trade for anything less than two first-round picks. If an offer sheet is made, the Jaguars match and keep it. or don’t and take first two – round picks.)
Either way, it won’t be easy for the Jaguars to swap Ngakoue, unless they’re willing to pay some of the compensation or unless they’re willing to take all that they want. they can get someone who could potentially have it listed for just one season.
In the absence of a trade-in, Ngakoue must decide if he wants over $ 1 million a week to be a Jaguar in 2020. Given that he made $ 2 million for all of 2019, it would be difficult to escape a single game.
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