Don’t Panic!

Despite what Patrick Creighton says, Texans early offseason is a success

Brian Gaine has done a solid job so far in free agency. Houstontexans.com

It’s now been a full week since the NFL offseason kicked off with numerous player signings negotiated in the days leading up to the official start date. In the eyes of Texans fans, the lack of big name signings on the offensive line and Tyrann Mathieu being the only big name secondary addition may look like Brian Gaine is failing. Fear not. The lack of huge deals is a sign of strength and clarity of purpose in the front office.

It’s too early for Gaine to say it was his plan all along to not overspend for free agent talent. It’s too early to say they chose not to meet exorbitant salary demands instead of admitting that players just didn’t want to come to Houston. But no matter what, we can all be happy that the future of the Texans’ salary cap is still healthy. And that’s the best news to come from an offseason that didn’t see all the best players available come to Houston on bargain contracts.

I know salary cap health is not a sexy topic but I am one of the few who adhere to the religion of NFL economics. I believe firmly in getting players at a number where value and cost meet. That means negotiating contracts that give the players a reasonable value for their services while protecting the team’s future ability to acquire more talent without having to shed important depth or risk massive amounts of dead money. There are exceptions to this, and when those players are available it’s OK to overpay. But that doesn’t happen too often.

I say all this because it’s exactly what the Texans’ GM has done in his first rodeo. Obviously, his biggest signing of the week was Mathieu, who he brought in on a 1-year, $7 million contract. The secondary was one of the two major needs heading into free agency and this is a home run signing. Mathieu’s play-making ability could be a huge boon for a defense looking to return to glory after a year in the basement. But he comes with injury concerns and the one-year contract, at a price tag below what he could have been worth when fully healthy, gives him and the Texans a season to decide his true value. If he doesn’t work out then there’s no long-term commitment to another free agent bust. If he makes it through unscathed then the Texans will have the ability to negotiate another deal before he becomes an unrestricted free agent at the start of the next league year.

The rest of the signings may not be the blockbusters we were hoping for, but each one is a good signing anyways. Let’s continue with the secondary. The Texans brought in Aaron Colvin from the Jaguars at four years and $34 million. He may have $18 million of that guaranteed at signing but for a young defensive back with upside who can immediately be plugged into the slot cornerback position the full structure of the deal is what makes it so great. He has two years to develop before he can be released at minimal loss to the Texans. That’s right; he has just two years to prove himself. After that the dead money is only $2 million in 2020 and $1 million in 2021. If he outplays some of his peers then he may be kept while they are let go.

The other signings garnering attention are the three offensive linemen who were brought in to improve upon last year’s disaster. Senio Kelemete has a contract that only guarantees $5 million over its three years, but the dead money after one is $2.25 million. Zach Fulton was brought in for four years, but has no dead money after two. And much like Tyrann Mathieu, Seantrel Henderson was given only one year at a low price.

Those three signings are players who graded out better than anyone the Texans played at the position last season. Their numbers aren’t outstanding, which is why they signed for so little money. But this year there wasn’t much to go after in the front five. The only one worth chasing was the former Patriot Nate Solder and even he wasn’t considered one of the top at his position. He was just the best of this year’s group. Gaine didn’t sign him, but that’s not a bad thing. A left tackle who is only above average, about to enter his 30s is probably not the safest of bets at $15.5 million per year for four years.

Remember what I said earlier about signing players where value and cost meet? I believe each of these five players were signed right about where those meet and that’s a sign of a successful first week of free agency. No bank was broken just because there was a huge need at the position.

I know what you’re thinking: “I want big name players who will help us win a championship in 2018!” WRONG! You should be wanting exactly what you’re getting this year. You’re getting one of the best defensive front sevens returning to health being supplemented with smart, cheap additions in the secondary. You’re getting a slight upgrade to an offensive line that, with a healthy Deshaun Watson, was part of the highest scoring offense in the NFL. All of this without being tied down to contracts that could prevent future signings by eating up future cap space.

I’ve seen a lot of articles lately discussing how the Astros management got it right by suffering through a few bad years to rebuild the team the right way with young talent and smart signings. The Texans are going to have to go through something similar. If you looked at the mediocre 9-7 teams and thought they were just a player away from a championship you weren’t looking closely at the money. Having players like Brian Cushing signed for big dollars and declining play, bringing in unproven free agents on big contracts, and just flat out whiffing on draft picks have all contributed to a roster that must be repaired one player at a time.

Everything I’ve seen this offseason indicates that the plan is in place to do just that. If the Texans want to put themselves in the category of teams that win consistently behind a franchise quarterback they will need to make sure they have the cap space and the wisdom to make the right signings at the right price. They currently have about $31 million left to work with this year and there might be good veteran players cut after the draft that the Texans want to bring in. There’s also the ability to roll over part of the salary cap to next year. Whatever they wind up spending less than 89% of the cap number can be useful if someone worth the big money comes available in 2019.

Whatever happens, rest assured that so far, you’re in good hands. Take care of your salary cap and your salary cap will take care of you.


 

 

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Correa knows it's time for his payday. Composite image by Jack Brame.

The Rangers made a big splash over the weekend when they agreed to terms on a 7-year $175 million contract with infielder Marcus Semien. Apparently, that was just the tip of the iceberg. According to multiple reports, the Rangers have also added arguably the most coveted player in free agency, Corey Seager. Seager and the Rangers have agreed to a massive 10-year $325 million contract.

Before the Seager news broke, many were starting to wonder if teams would be willing to hand out 10-year deals for over 300 million dollars with the lockout just around the corner. Now we have our answer, and Carlos Correa has to be a very happy man to see how the market is shifting. The Rangers not only added two incredible players, but they also made it pretty much a certainty that Correa will either leave Houston, or the Astros will have to sign him to a long-term $300 million deal, which is not likely based on their stance on multi-year big money contracts.

The Rangers aren't the only team in the AL West making blockbuster moves. The Mariners agreed to terms with 2021 AL Cy Young Award winner Robbie Ray on Monday. Ray and Seattle agreed to a 5-year, $115 million contract.

The Angels joined in on the action a couple of weeks ago when they signed Noah Syndergard to a 1-year 21 million dollar deal.

Clearly, the AL West is on notice that they're going to have to make big changes if they want to compete with the Houston Astros who have dominated the AL recently with 5 straight ALCS appearances and 3 trips to the World Series. With Correa likely out the door in Houston, these teams might believe this is a perfect time to make a run at the division and finally knock off the Astros. Only time will tell if these deals will work, and the Astros look to have a terrific team this season whether Correa returns or not.

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