Originally posted by chargeroo
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We have a few million in cap $. The team would have needed to keep some cap space in reserve in case of other injuries this season. Plus, how much for later tiers of FA, which we may have been talking to people, but maybe didn't actually sign. It is worth noting, that at least in recent memory, we have never used all our cap space, and always leave some in reserve. Some of it may be just being conservative and leaving plenty in reserve and some may be cash-flow related. They are building a big new practice facility, and the Spanos family squabbles point to cash flow issues.
There is also the issue that we probably would have to pay more than NE to keep Henry unless everyone is sure he was willing to take a hometown discount to stay. I don't doubt the structure of the deal would be different. But again, the Pats contract was 3 years $37.5 million, with $25 million fully guaranteed at signing, we would probably have had to go for something like 3 year, $39 million, with a similar amount (or more) guaranteed. You can always get the numbers down a bit overall by giving more money guareenteed upfront, but again it depends on the Spanos family cash flow.
I do think the Chargers were making a deliberate effort to try and give Staley more cap space in year 2, which makes sense. Year 2 gives everyone more of a chance to be on the same page personnel-wise in the front office, not to mention if you make any post year 1 coaching staff changes, and to just see how everyone meshes in the new system.
The bigger issue is that it is not usually worth it to significantly overpay for limited players. Henry is limited in two areas. While he is an inline TE. He is not a Kelcie or Gates style of flexed TE who has WR-like production. He is an inline guy who is asked to block a lot and while he is a good receiver, he has never developed into one of those top-notch receivers. He is a significant step below the top TE, even though he is being paid like the top rung guys.
So overpaying him on two counts (the injury thing and his overall production) is not a good idea going forward. Especially with Mike Williams being exactly the same type of player going forward. the difference between Henry and Mike (or even Tyrell) Williams and Bosa, Keenan and James is that Bosa, Kennan and James are elite players among the best at their position in the NFL, even if they do have injury problems. Henry and the Williams are a tier or bit more below the elite at their position, but looking for top-tier paydays.
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