Instant analysis of the Eagles agreeing to a 2-year, $42M extension with CB Darius Slay

Darius Slay is staying with the Eagles after agreeing to a two-year, $42 million deal that includes $23 million guaranteed according to Ian Rapoport.

Restructuring Slay’s deal would have created $12,251,250 of cap space for the Eagles, but they’ll now create $13,068,000 of cap space and Slay gets $23 million over 2023 and 2024 with the guaranteed dollars that he was looking for.

If he can maintain his level of play, the Pro Bowl cornerback could end his career earning $42 million and almost $90 over a five-year period in Philadelphia.

With the band back together, here’s an instant analysis of the extension.

Eagles get more cap space

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The Eagles are keeping Slay on a two-year deal, and the move creates $12 million in cap space with a timely extension per Over The Cap.

Slay maintains an elite salary

(AP Photo/Matt Patterson)

Slay was entering the final year of a three-year, $50 million extension that averaged out to $16 million per season.

With the contract extension, the 2-year, $42 million puts Slay at No. 1 with Jaire Alexander at $21 million per season per Over The Cap.

Don't believe the lies, Slay is elite

Mandatory Credit: Eric Hartline-USA TODAY Sports

The production was as dominant during the second half of the season, but Slay is far from declining.

Story originally appeared on Eagles Wire