Episode Transcript
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Speaker 1 (00:04):
Welcome into the lounge presented by DraftKings. I'm Ryan Mink
here with Garrett Downing and we have breaking news this
Wednesday afternoon. Garrett, the Ravens have made their decision on
whether they are going to pick up the fifth year
options of two stars. The Ravens will be picking up
that of Kyle Hamilton, but they will not be picking
up the fifth year option for center Tyler Linderbaum. So
(00:25):
we're going to break down those decisions and tell you
why we believe Eric Cossa and the front office have
come to those conclusions. So first of all, the best
way to know why is to here. It's straight from
Eric to Costas. Again, why don't you give us the
quote from Eric?
Speaker 2 (00:39):
Yeah, well, Eric and the statement that he released when
the Ravens announced the moves this afternoon. Here's the statement.
We are exercising the fifth year option for Kyle Hamilton
with the goal of working towards a multi year contract extension.
While we will not apply the fifth year option to
Tyler Linderbaum. It is our intention for him to remain
a Baltimore Raven long term. So basically, the Ravens think
(01:00):
that both of these guys or are cornerstone players who
they view here as key pieces of the team for
the long term future. Yeah, and I really think that
this comes down to salary cap maneuvering and management more
than its economics.
Speaker 3 (01:13):
Yes, the desire is there.
Speaker 1 (01:16):
This today's decision was an economics decision, and really it
comes down to the value of what those fifth year
options are. And just to be clear this this is
for the twenty twenty six seasons. So now Kyle Hamilton
will be under contract through twenty twenty five and twenty
twenty six. Tyler Linerbaum is going into a contract year
(01:38):
in twenty twenty five, but he could get an extension beforehand.
Speaker 2 (01:41):
Both of them are eligible for contract extensions at any point.
That could happen tomorrow if the team wanted, if the
two sides wanted to do that, that's correct. Or again,
for Hamilton, he's now under contract for two more years
and this is the final year of Linderbaum's contract.
Speaker 1 (01:54):
So the fifth year option for Kyle Hamilton is eighteen
point six million. That's what it would cost the Ravens
under the salary cap in twenty twenty six. For Tyler Linderbaum, however,
it's twenty it would have been twenty three point four
million dollars. Now, both those are higher because they're two
time Pro Bowl players, So had they knocked on to
the Pro Bowls, it wouldn't have been so pricey.
Speaker 3 (02:15):
But of course you like that they're good players.
Speaker 2 (02:18):
Yeah, it's like a good problem to have, and also
like you've got to pay more for a good player.
Speaker 1 (02:22):
Right now, the question is, wow, why is Tyler Linnerbaum's
twenty four or twenty three point four so much higher
than Hamilton's eighteen point six. That's because centers are lumped
in with all offensive linemen, including left tackles for example,
who get.
Speaker 3 (02:38):
Paid big, big, big, big, big bucks.
Speaker 1 (02:40):
And that's how they determine these is average contact contract salaries.
Speaker 3 (02:45):
So you know that makes his more costly.
Speaker 1 (02:51):
And I think that's why the Ravens did not pick
up that fifth year option. So you break this down
and really, if Tyler Linderbaum's salary of twenty three point
four million and twenty twenty six, it would have been
more than five million dollars higher than Creed Humphreys twenty
(03:11):
twenty six.
Speaker 2 (03:12):
So and create Humphrey the Center for the Kansas City
Chiefs is currently the highest paid center in the league
in terms of annual per year mind.
Speaker 1 (03:20):
Right, So you would have been spending five million dollars
over that over the highest paid guy. And so I
think that's really what it boiled down to is market
price here. And whereas Kyle Hamilton his eighteen point six
million dollars that he is currently slated to earn under
(03:40):
that fifty year option, if he plays out that fifth
year option, that would rank the eighth highest salary cap
number among safeties in twenty twenty six.
Speaker 3 (03:49):
So a much better deal for the Ravens.
Speaker 1 (03:51):
Yeah, because Kyle Hamilton, I think we'd probably all agree,
is certainly higher than the eighth best safety.
Speaker 2 (03:56):
Yeah, right. And so the way that they determine those numbers,
because both of these players are two time Pro Bowlers,
they get paid what the franchise tag is at that
position for the fifth year option. So that's what the
franchise tag is for those positions, and the franchise tag
is determined based essentially by the highest average salary of
the top five player top five paid players at those positions.
(04:18):
And so I think when you break it down the
way you just did, I think it makes sense. And
I also like the honest truth is, I'm just not
all that concerned about it.
Speaker 3 (04:29):
I think it's more.
Speaker 2 (04:31):
Contract maneuvering salary cap management than anything else, because I
think it's only a matter of time until the tweet
drops across someone's timeline that says we've worked out a
long term extension with Kyle Hamilton, We've worked out a
long term extension with Tyler Lindon.
Speaker 3 (04:44):
Like, I feel like those.
Speaker 2 (04:46):
Things are going to happen, and Eric said in his
statement they want to work towards that with both of
these players, and when the Ravens want to work out
long term deals with homegrown players, that generally happens. Like
there's a really good track record of that of them
wanting to do it and then getting it done. Both
these players seem like they want to be here. I
just think it's only a matter of time for both
of these players.
Speaker 3 (05:07):
I completely agree with that.
Speaker 1 (05:08):
I think that there's a fairly decent chance that Kyle
Hamilton probably won't even see that fifth year option, won't
play under that number because they get a deal done beforehand.
This does start the clock a little bit more on
Tyler Linnerbaum getting a deal done with him, as we've
spoken before on this podcast, I've said I think that
Lennerbaum Linnerbaum's probably comes before Hamilton's for this exact reason,
(05:29):
not because they value one player more than the other,
but because this of this clock they have a little
bit longer runway with Kyle Hamilton.
Speaker 2 (05:36):
YEP. Now, both of these players were at the very
first day of voluntary workouts last week, and they talked
with the media on that day, and both of them
answered a handful of questions about their contract status and
whether they had whether they've had talks, and both of
them basically said they're not pressing the issue, they're not
(05:56):
worried about it, they feel good about their relationship with
the organization, they have an agent, they let their agent
handle those things, and so so basically, based on what
we heard from them, neither of them were pressing the
issue of saying like they were. Look, they were here
for the start of voluntary offseason workouts, and so neither
of them were in any sort of public way indicating
(06:20):
like you need to get this deal done before the season.
Speaker 1 (06:22):
They're not grumbling about their contracts by any stretch of
the imagination. Exactly exactly the opposite, And they both like
I'm focused on being a better football player, focus.
Speaker 2 (06:29):
On making a better player, and it's gonna get done.
When it gets done, I'm not worried about it.
Speaker 1 (06:32):
Two genuine guys who aren't just saying that to say
that also like that's that's just who they are.
Speaker 2 (06:37):
And again like they were both here on the start
of voluntary.
Speaker 3 (06:40):
Carol Linnebaum, I'm not sure he ever left the building.
Speaker 2 (06:43):
He just sleeps in the locker room.
Speaker 3 (06:46):
Video just work it out with some of the other
iliven I know, I know.
Speaker 1 (06:51):
So all right, let's take a break and when we
come back, we'll talk about maybe what the framework for
those extensions could look like for both players.
Speaker 2 (06:59):
You're listening to the podcast, We're coming to you from
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King Sports Book. The Crown is yours.
Speaker 1 (07:12):
So Eric DeCosta made it clear that the Ravens are
working on these long term extensions with Kyle Hamilton and
Tyler Linderbaum. And the good news is there's already kind
of a roadmap and we've seen this in years past
with Lamar Jackson's contract extension right just before that Jalen
Hurts just what the day or two beforehand before Lamar
signed his contract, then Lamar becomes the highest fake guy, right.
(07:34):
So it's with these market resetting contracts it often behooves
a team to have kind of somebody do it right
before right, it can at least it can at least help.
So for Kyle Hamilton, now it depends on do they
get that extension worked out this offseason or does it
(07:55):
come next off season before he works out the fifth
year option. If it were to be done this soft season.
The most recent big safety contract was signed by Kirby
Joseph of the Detroit Lions. He became the highest paid
safety in NFL history, just edging out the next guy,
right and and so his number average is twenty one
(08:16):
point two five million dollars per year for Kirby Joseph.
Speaker 2 (08:20):
So, like.
Speaker 1 (08:22):
Kyle Hamilton could certainly reset the market whenever he signs
his deal, that would not be surprising if he becomes
the top paid safety in the league. Yea, the twenty
one point twenty five is the top right now, so
it would probably be you're looking in the twenty two
million dollar range if it's done this offseason, and who knows,
who knows if it's not done this offseason, how much
would it go up next offseason?
Speaker 3 (08:42):
Who else is due?
Speaker 1 (08:43):
Right, That's all those are the factors probably the Ravens
are looking at.
Speaker 2 (08:47):
Yeah, certainly. And so the thing that's interesting when it
comes to a player like Hamilton is because he is
now under contract through the next two seasons, there's like this,
there's this balancing act of hey, let's get the deal
done in advance, because then the longer you wait, the
(09:08):
more you end up paying. Versus well, he's on his
rookie contract right now, so he's at a really good
team value for this season.
Speaker 1 (09:16):
Scording too overthecap dot Com, Kyle Hamilton's cappit for this
year's five point one seven million dollars. So you don't
really like that. That's a very good number for the Ravens.
You don't really like to give that up because if
you were to sign a contract extension, sure you can
move the money around any way you want, but presumably
as year one cap pit would probably be more than that.
(09:39):
If he's at signing a contract averaging twenty two million
dollars per year for example. Yeah, so that wouldn't have
to necessarily but probably more than five point one.
Speaker 2 (09:48):
Right, And so you know the flip side is is
you wait and that twenty two grows to twenty five
because other guys get a deal done or whatever. The
longer you wait, the more than on the more the
market continues to just accelerate. And so how does that
affect things? And so that's all part of the calculation.
Like if I'm look, I don't know, and these conversations
(10:09):
between agents and the front officer kept very private, so
like we're not clued into that. But like it wouldn't
surprise me if Hamilton played out this year and then
got a deal done prior to prior to playing out
his fifth year option.
Speaker 3 (10:21):
Not surprised me at all.
Speaker 2 (10:22):
And like that's what's that has happened in a similar way,
Like that's basically what happened with Nom Deimatabik. The difference
was the ravens us a franchise tag on Nomdemata Bik,
but then worked out the extension before he ever played
under that tag.
Speaker 1 (10:35):
I think it's a little bit different with Kyle Hamilton
and Nomdi because Nomdy hadn't really had his breakout season yet.
Speaker 2 (10:40):
I just mean that the yeah, the the year there,
the franchise tag or the fifth year option is basically
it makes you feel good because you know he's going
to be on the team, but then you can still
work towards a long term deal before you ever play
out that year.
Speaker 1 (10:55):
Completely agree, Yeah, I think that the Ravens and these
kind of corner stone pieces like Kyle Hamilton and Tyler
and Baumbat are they're partners, right, and they genuinely want
to make it work for both sides. And if if
Kyle Hamilton plays out this year on his five point
one seven million dollar contract and you're going and he
(11:15):
has another great year and he's healthy and all those things,
and you're getting ready to go into that fifth year
option and he's still that would now let's say he's
slated to be the tenth highest paid safety in the league, Like,
it wouldn't surprise me if the Rams like, all right, ay,
we want to have this guy here long, long term,
so we don't even want to play in under this
on this fifth year option contract, and be like, let's
(11:35):
be partners here and make it a more equitable contract, right,
you know, like we all can acknowledge that you're better,
way better than the tenth best safety in the league.
Let's get a deal done, you know that works for
both sides. Like that's kind of how I envision this.
Speaker 2 (11:48):
Yeah, and then i'd say with Linderbaum, like as we
talked about, there's a little bit more of a it's
a little bit more expedited because he is now going
into the last year of his contract. He doesn't have
that fifth year option. So, like, it wouldn't surprise me
if the Ravens worked out an extension even prior to
this season because they don't want him to play out
(12:09):
that contractor then and then you know, go into free agency.
Speaker 1 (12:13):
Well, we mentioned the contract comp for Kyle Hamilton and
Kirby Joseph. Well, there's also kind of a roadmap potentially
for an extension with Tyler Linderbaum. So Cam Jurgens of
the Philadelphia Eagles just recently reached a sixty eight million
dollar four year deal at averages seventeen million dollars per
year with the Eagles. He's in the same draft class,
(12:34):
the twenty twenty two class, as Tyler Linderbaum. So that
put Cam Jurgens one million dollars in terms of average
salary per year below Creed Humphrey of the Chiefs. So
I would expect that Tyler Linderbaum's probably in that seventeen
to maybe nineteen if used to become the highest paid
center and reset the market somewhere in that range is
(12:57):
what I would expect for Tyler Linderbaum.
Speaker 2 (12:59):
Yeah, And like, as you mentioned with the Jalen Hurts
Lamar Jackson example, when you have a deal of a
somewhat comparable player in place, like basically a re a
market resetting deal, then that often the next market resetting
deal is kind of like, Okay, I want one dollar
more than that guy, you know, and like, and we've
(13:19):
seen that with players from other teams to wide receiver
cornerback like that that's how it goes. And so like,
if you have that framework in place, then you know
that you're what you're working towards. And I think it's
only like it wouldn't surprise me if it happens at
any point for Linderbaum or Hamilton, And I think that,
like again, I think it all just comes down to
(13:41):
the salary cap management and then putting yourself in position
where you can just work towards those long term deals.
Speaker 1 (13:47):
Well, when it had the Ravens picked up the fifth
year option for Tyler Linderbaum, he and his agent could
have been like, you know what, now, we don't want
to sign a contract extension yet because I want to
I want to make the twenty three you know in
twenty twenty twenty three million, you know, like it might
have the fifth year option could have potentially been more
(14:07):
enticing to them than necessarily working out a long term deal.
Then they could have been like, I'm gonna play it
out in the fifth year and then we'll get that
contract done.
Speaker 3 (14:14):
But I'm gonna be like.
Speaker 1 (14:16):
Way higher, way above the average per year of the
highest paid center for twenty twenty six. Right, So like
it almost by not picking up the fifth year option
almost makes the likelihood and I think the negotiations towards
a long term deal on both sides more likely.
Speaker 2 (14:33):
Yeah, it's like it's it's hard to say with everybody's
motivation is because some players like it's always interesting. Some
players have the attitude of like I like the for
I always remember when Judah was here and he played
under the franchise tag and he was like, this is
the most money I've ever made in my life, and
like this is guaranteed for one year, guaranteed, Like it's great,
and like you've seen that with like Kirk Cousins as
an example, like that has done like the franchise tag
(14:53):
and the one year deals, and other players want the
long term security and so like there's pros and cons
each way. Ye, and it's hard to know exactly like
for what player, what is like the motivating factor what
they really want. But yeah, I think it's just I
think as a matter of time.
Speaker 1 (15:10):
To me, today's news was a the Ravens had to
make a decision on this your option. There was a
deadline tomorrow's deadline exactly. But it's kind of it's a
bus decision that doesn't actually change the operation here, you
know what I mean, Like it doesn't change the outlook
on this whole contract extension future for Kyle Hamilton and Tylan.
Speaker 2 (15:33):
Yeah, they had to make a decision. You have to
make a decision check yes or no. And we all
know what we're working towards here, yep. And so I
think that like I'm with you on that one hundred percent.
Speaker 1 (15:43):
Yeah, all right, Well, you can always reads at the
lounge at Ravens dot NFL dot net and we have
a special treat for you coming up next. General Manager
Eric DaCosta is going to join us to break down
this year's draft. We always get some really great insights
from him when he has you know, you take a
breather take. Although he's been working out this fifth year contract,
(16:05):
so they might have known this for a while, so
you know, take a few days off to kind of
let it settle in, and then he sits down with
us as he has in years past to kind of
get into the nitty gritty of the draft. So really
excited for that one. Make sure you tune in, make
sure subscribed, leave us a rating and review.
Speaker 3 (16:21):
Thanks for listening.