According to multiple reports, the Browns are expected to match the five-year offer sheet that Jacksonville will sign Alex Mack to by the end of the week.
The NFL Network's Ian Rapoport reports that the offer sheet is for $42 million over the five years, $18 million over the first two years with a player option to get out of the contract after that. The contract also states that he cannot be tagged after those two years.
Owner Jimmy Haslam has said before that the team would match any offer. At first it was believed the Jaguars offer would be one that made it hard for the Browns to match without hurting them in other areas, but, according to ProFootballTalk.com:
Despite speculation that the deal will include a 2015 balloon payment requiring a restructuring that Mack would do in Jacksonville but refuse to do in Cleveland, the offer sheet as currently constructed doesn't put the Browns in a bind of that nature. It does, however, include a provision that can void the deal at the player's election to as little as two years.
According to the source, the deal pays out roughly $18 million to $20 million over the first two years, fully guaranteed. Over three, it's in the ballpark of $27 million, guaranteed.
Mack reportedly does not want the Browns to match the offer. Once he signs the offer sheet, the Browns will have five days to match it.
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