Howie did it again.
The Nigel Bradham contract - widely reported as a five-year, $40 million deal - in reality, is an extremely team-friendly deal that gives the Eagles tremendous flexibility depending on whether they want to keep the veteran linebacker after this coming season.
The contract could be as little as a one-year, $6 million deal if the Eagles decide to move on from Bradham after the 2018 season.
According to a league source familiar with the deal, it contains only $6 million in truly guaranteed components - a $5 million signing bonus and Bradham's fully guaranteed 2018 base salary of $1 million.
The remaining base salaries are $8 million each in 2019, 2020 and 2021 and $10 million in 2022. But the last three years of base salary aren't guaranteed at all, and only $2 million of the $8 million base in 2019 is guaranteed.
And according to the source, that $2 million offsets if Bradham signs with another team after the Eagles release him.
So if the Eagles release Bradham after the 2018 season and he signs a contract worth at least $2 million with another team, that $2 million is no longer the Eagles' responsibility. If the new contract is less than $2 million - not likely - then the amount of the deal would offset and the remainder would count against the Eagles' cap.
Complete coverage of the Philadelphia Eagles and their NFL rivals from NBC Sports Philadelphia.
If the full $2 million were to offset, the only part of the contract that would accelerate into dead money would be the remaining prorated four years of the signing bonus, or $4 million.
So the Eagles would see a $5 million cap savings if they choose to release Bradham after one year - the difference between his $9 million cap figure and $4 million in dead money.
The Eagles hold options on the final three years of the contract, so if they release Bradham after the 2020 season it's a two-year, $14 million deal with only $3 million in dead money.
The Eagles have a lot of unknowns at linebacker - Jordan Hicks' health, Mychal Kendricks' future - so having a contract with Bradham that gives the Eagles flexibility is huge.
Bradham will have a cap figure of just $2 million in 2018, and if he's here beyond this coming season his cap figures will be $9 million in 2019, 2020 and 2021 and $11 million in 2022.
The dead money hit would be $4 million in 2018 and decrease by $1 million per year - $3 million after 2019, $2 million after 2020 and $1 million after 2021.