Mike Wallace actually more expensive for Eagles than reported

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Mike Wallace actually more expensive for Eagles than reported

Turns out recently acquired wide receiver Mike Wallace is more expensive than initially reported.

According to a copy of his contract obtained by NBC Sports Philadelphia, Wallace's salary cap figure on the one-year contract he signed with the Eagles last week is actually $4 million, or $1.5 million higher than was widely reported when the Eagles signed him as an unrestricted free agent.

It includes just under $2 million in guaranteed money.

It's also only $1 million less than the 2018 cap figure of Torrey Smith, who the Eagles traded to the Panthers in a cost-cutting move. Smith did not have a very good regular season in his one year with the Eagles but caught 13 passes for 157 yards and a touchdown in the postseason.

Wallace, like Smith a former Raven, is two years older than Smith and has been generally much more productive.

His 2018 deal includes only a $915,000 base salary, but it also includes more than $3 million in various bonuses that will count against the Eagles' adjusted cap of just under $176 million.

$1 million is in the form of what is called "other amounts treated as signing bonus," or OATSB in NFL salary cap parlance.

And $2.085 million is in the form of what are considered "likely to be earned incentive bonuses," or LTBE, which are incentives that count against a team's cap because they reflect performance plateaus that the player reached one year earlier.

If a player does not trigger some or all of the incentives, his team regains some or all of its cap money but not until after the season.

For now, the $1 million in OATSB and that $2.085 million both count against the cap, and the combined three components — $915,000 in base, $1 million in OATSB and $2.085 in LTBE bonuses — combine to give Wallace a $4 million cap figure.

That is actually highest on the roster among wide receivers, a bit higher than Alshon Jeffery's cap figure in 2018 ($3.975M) and about a $1 million more than Nelson Agholor's ($2.98M)

Nonetheless, the Eagles still rank in the bottom 10 in the NFL in cap allocations devoted to wide receivers.

According to Spotrac, the Eagles are devoting $14,667,302 in 2018 cap allocations to receivers, 24th-most in the NFL.

Since entering the NFL in 2009, Wallace ranks ninth in the NFL with 8,072 receiving yards and seventh with 57 touchdown catches. 

Eagle Eye Podcast: Who are the leaders on this team?

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Eagle Eye Podcast: Who are the leaders on this team?

On this edition of Eagle Eye, Derrick Gunn and Dave Zangaro preview Eagles vs Saints. Good news; the Eagles appear to be getting healthier. Bad news; it's a daunting task they're facing.

What do they need to do to pull off an unlikely win? Is there a lack of leadership on this team? Gunner and Dave debate that.

Also, where will the guys visit while they work in New Orleans.

2:00 — Eagles are getting healthier.
6:30 — Taking a look at the secondary.
12:00 — That secondary has to go up against an incredible Saints offense.
16:00 — Eagles have to play a perfect game to win.
20:00 — Is there a lack of leadership with this team?
25:00 — Previewing the other NFC East games.
28:30 — Where will the guys hang out in New Orleans?

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Eagles activate tight end Richard Rodgers, place Josh Perkins on Injured Reserve

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Eagles activate tight end Richard Rodgers, place Josh Perkins on Injured Reserve

Richard Rodgers is going to make his Eagles debut on Sunday in New Orleans. 

The Eagles on Friday afternoon activated Rodgers from Injured Reserve. Earlier in the week, they designated him to return as he began practicing after rehabbing from a knee injury he suffered in the preseason. 

To make room for Rodgers on the 53-man roster, the Eagles sent fellow tight end Josh Perkins (knee) to IR. 

The Eagles used one of their two designations to return from IR on Rodgers, which means they have just one left for either Mack Hollins or Mike Wallace later this season. They made the move to bring back Rodgers because Perkins, their third tight end, suffered what Doug Pederson called a “significant” knee injury. 

Rodgers, 26, signed with the Eagles as a free agent this offseason after spending the first four seasons with the Green Bay Packers. During those four seasons, Rodgers caught 120 passes for 1,166 yards and 13 touchdowns. 

It’s unclear what kind of role Rodgers will have with the Eagles down the stretch, but we know he won’t be taking any time from Zach Ertz, who has been the best tight end in the NFL this season. He also shouldn’t take time from rookie second-round pick Dallas Goedert. 

Still no word about Tim Jernigan, who remains on the Non-football Injury list. Like Rodgers, he was not on the injury report because he wasn’t on the roster during the week of practice. The Eagles have until 4 p.m. on Saturday to add Jernigan to the active roster if he’s going to play this weekend. 

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