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00:00All right, DRS, now into the wide receiver deals that we have seen this offseason.
00:08Most recently, Jalen Waddell agreeing to a three-year $84.75 million extension yesterday
00:14with the Miami Dolphins.
00:16That's a little bit more than 28 mil annually on an average salary basis.
00:21That makes Jalen Waddell the fourth highest paid receiver in the national football league.
00:26The two guys at the top of this list, AJ Brown for the Eagles, Amon Ross St. Brown
00:31signing those extensions this offseason.
00:34They are two of three wide receivers that make 30 mil a year or more joining Tyreek
00:40Hill.
00:41So the Dolphins have wide receivers highest paid three and four, and the other two guys
00:46that lead all the national football league signed those deals this offseason.
00:50The wide receiver market is being reset.
00:54We are seeing astronomical figures, and it just follows how much money there is in the
00:58national football league.
00:59Yes, there's a ton of money out here, and we always see the actual salary cap is.
01:05We can't go over that.
01:06That's just owner's talk between owners to get it out to the public where we don't have
01:10to spend this money.
01:11But the owners are so, so rich now.
01:14Most of them, they're willing to give out a lot of front-end money here to keep their
01:17players happy and circumvent the salary cap.
01:20You're taking a look at a position now that's dominant.
01:23It used to be we talked about, well, you've got to have defensive ends, you've got to
01:25have cornerbacks, you've got to have quarterbacks, obviously, and then, yes, the wide receivers
01:30will get paid, but there's so many of them that we could just keep redrafting them.
01:33That has since changed.
01:34It is such an offensive league now that, yes, you're always going to pay your quarterback,
01:38but it seems now teams are willing to extend those wide receiver deals all the way down
01:42to number twos and number threes here.
01:45When in the past it was, just give me a number one wide receiver, we'll find number two and
01:48number three.
01:49Now you're seeing so many teams across the NFL paying number twos like number ones and
01:53rightfully so.
01:54But even though you take a look, do we look at any of these guys, Amaraj St. Brown, A.J.
01:58Brown, Waddle, Smith, and Collins, and Pittman, and go like, that was a massive overpay.
02:02Those guys aren't worth it.
02:03No, they're absolutely worth it.
02:04You watch football on a Sunday-to-Sunday basis here, when these guys are dominant, they absolutely
02:10deserve to be paid.
02:11Now, there's other guys around the league that are going to come into their own like
02:14a CD Lamb.
02:15They're going to splash that account, Jamar Chase eventually going to splash down.
02:19Justin Jefferson is going to absolutely reset the market when he goes.
02:23This is the new day and age of the NFL.
02:25No longer owners saying, I can't pay two or three wide receivers.
02:28No, you can now, and people are doing it, teams are doing it, and they're being successful
02:33doing it as well.
02:35Now you might say, Jalen Waddle, fourth highest paid receiver in the National Football League
02:40at this moment.
02:41Listen, I think Waddle is great.
02:42I bet the over on his receiving yards props.
02:45He's as fast as they come, but paid is the fourth highest wide receiver in the National
02:49Football League.
02:50He's not even in the top 10 or top 15.
02:52It doesn't matter.
02:54That's just where the market is going, and it should be shared as Jalen Waddle just completed
02:58year number three, that the extension of three years on top of the final two years of his
03:03rookie deal, the annual average over the cumulative five years is not north of $28 million, making
03:10him the fourth highest paid wide out in the National Football League.
03:13But to Donnie's point, at a certain time in this summer, in this off season, this market
03:19is going to be reset again, whether it's Jamar Chase, Justin Jefferson, maybe even CD Lamb.
03:25Somebody is going to make damn near $35 million per year, and we are going to be astonished,
03:30and rightfully so.
03:31That's a lot of money, but it is where the wide receiver market is going.
03:36Two to three years down the line, it might look like a discount to have somebody like
03:41at $30.2 million per season.
03:44Exactly.
03:45You see, A.J.
03:46Brown, three years, 96 million.
03:47The Eagles just gave him a monster deal to come over from Tennessee, which is the reason
03:50why he's still not in Tennessee.
03:52So these teams also are willing to say, you know what?
03:55If you're playing good, we'll keep extending you and pay you even more money.
03:59Why?
04:00Because you're worth it.
04:01Hello, Cincinnati Bengals, because they are worth it.
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