The market for safeties has changed.
On February 28th I blogged that "When he signed his rookie deal Devin McCourty's 2014 salary was scheduled to be $870,000 but with a possible $3.2 million escalator for the 2014 season. Devin has done enough to increase his 2014 salary by $3,050,000 to $3,920,000. It is time for the Patriots and Devin to reach an extension. Let's look at some comparables. Jarius Byrd is 10 months older than McCourty and played under the franchise tag ($6.916 million) in 2013. Devin McCourty who will be 27 when the 2014 starts was on the All-Pro 2nd team. Earl Thomas was also drafted in 2010 and was first team All-Pro. Like McCourty Earl Thomas is signed through the 2014 season. It could be that the Patriots, Bills and Seahawks are waiting to see who signs their safety first. Earl Thomas is a year and 9 months younger than McCourty. Eric Weddle, a fellow member of the All Pro 2nd team, signed his current 5 year $40 million deal in 2011. Kam Chancellor, yet another member of the All Pro 2nd team, signed a four-year, $28 million extension in April, 2013. Antrell Rolle, one more member of the All-Pro 2nd team, signed a five year, $37 million deal with the Giants in 2010 when he was 27. Dashon Goldson signed his 5-year, $41.5 million deal in March, 2013. William Moore signed his 5-year, $30 million deal in March, 2013. Michael Griffin signed his 5-year, $35 million deal in June of 2012. The franchise tag for safeties is projected to be right around 8 million dollars. It is likely that it will be more than that in 2015 when McCourty is scheduled to be an unrestricted free agent. Therefore, if franchised by the Pats in 2015 McCourty would receive over $12 million in cash in a two-year period. If franchised again in 2016, McCourty would receive close to $22 million over 3 years. Therefore, it seems reasonable to venture that a McCourty extension in the $6 to $7 million per year average range would be fair for both sides. A 7 million average per deal would tie Michael Griffin for the 8 highest APY for a safety. An extension could lower McCourty's 2014 cap number by one to two million dollars. "
Since that post Jarius Byrd signed the biggest contract ever for a safety at 9M APY. Two other safeties, Donte Whitner and Reshad Jones, signed contracts that averaged at least 7 million a year over the life of the contract.