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When we pick up the 5th year option, we'll be obligated to pay Cooks a little under $10M the next two years.
My proposal is to rip it up and sign him to a new 4 year, $44M contract.
For the Patriots it locks in a top WR at $11M a year for the rest (or most) of Brady's career. It's a good amount of money but far below Antonio Brown's 4/68 and will look like a bargain in years 3 & 4.
For Cooks, it's basically a 2 year extension for $34M as we can keep him for 2/10 if we choose. As he's 23, he also gets UFA right in the prime of his career for another huge deal.
Of course, assume guarantees/etc to be about even for both sides, I get that things can go wrong there but this concept seem to be a win/win.
My proposal is to rip it up and sign him to a new 4 year, $44M contract.
For the Patriots it locks in a top WR at $11M a year for the rest (or most) of Brady's career. It's a good amount of money but far below Antonio Brown's 4/68 and will look like a bargain in years 3 & 4.
For Cooks, it's basically a 2 year extension for $34M as we can keep him for 2/10 if we choose. As he's 23, he also gets UFA right in the prime of his career for another huge deal.
Of course, assume guarantees/etc to be about even for both sides, I get that things can go wrong there but this concept seem to be a win/win.