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Jamaal Charles Is Still A Great Value For The Chiefs

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The latest round of contracts for top running backs has reminded me that the Kansas City Chiefs have a heck of a deal with Jamaal Charles. It's almost too good.

Yesterday both Ray Rice (Ravens) and Matt Forte (Bears) signed new contracts with their teams. Rice's deal covers 5 years and is worth $40 million for an average of $8 million per year. Forte's deal is worth $28 million over four seasons for an average of $7 million per year along with $18 million guaranteed.

Other running back contracts:
  • LeSean McCoy: 6 years, $45 million / $20.7 million guaranteed
  • Arian Foster: 5 years, $43 million / $20.75 million guaranteed
  • Marshawn Lynch: 4 years, $31 million, $17 guaranteed
  • DeAngelo Williams: 5 years, $43 million / $21 million guaranteed
Charles' deal isn't as big as those guys. His spans six seasons (five-year extension in the middle of the 2010 season) and is worth a max of about $32.5 million ($27.5 million base). His guarantee was reported to be $13 million. He doesn't have any out-of-whack base salaries down the road. Barring an injury or a holdout, he could reasonably play out the entirety of this contract, which would be a terrific deal for the Chiefs.

A couple other running back contracts are way out ahead of everyone else's:
  • Chris Johnson: 6 years, $55 million / $30 million guaranteed
  • Adrian Peterson: 6 years, $96 million / $36 million guaranteed
No point in even comparing Charles to those two since they're so far ahead of everyone else, but the point remains: Charles is a hell of a deal.