The Indianapolis Colts had hoped to see Donte Moncrief emerge and become the No. 2 receiver they needed across from T.Y. Hilton. But it didn’t happen, so they let him walk. It appears that his new team, the Jacksonville Jaguars, has a lot more faith in him.
Not only are they paying well next season, but his base salary of $9.6 million is fully guaranteed. If that wasn’t enough, they included another $2 million in incentives.
Compensation update: Jaguars' WR Donte Moncrief signed a one-year, $9.6 million, fully-guaranteed contract that also contains another $2 million in incentives.
— Adam Schefter (@AdamSchefter) March 19, 2018
What in the world are they thinking? This is a guy who has 152 career receptions for 1,875 yards and 18 touchdowns in 53 games played in four seasons. Last season, with Jacoby Brissett at quarterback, he played in 12 games and made just 26 catches for 391 yards and two touchdowns.
He barely appears to be worthy of a roster spot let alone being paid like a top-10 receiver. Julio Jones makes $10.5 million a season and is the 8th on the wide receiver salary list. Randall Cobb was No. 9 with an $8.6 million salary.
Moncrief doesn’t belong in any conversations that include Jones and Cobb. He is certainly not worth anywhere close to as much as either player is.
One former NFL executive has already called it the worst contract of the free agency period this year.
Worst team contract in all of FA. Deal is almost 3x his market value. Should’ve received between 3-4. https://t.co/ijPxD7ZoPj
— Joe Banner (@JoeBanner13) March 19, 2018
It’s a mystery as to why the Jaguars even signed him. Yes, they lost Allen Robinson. But they still have Keelan Cole, Marqise Lee, Allen Hurns, and Dede Westbrook. They really didn’t need to bring Montcrief in.
But they did because that’s the kind of thing the Jaguars do.
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