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The Terrible Podcast - Steelers Podcast via Steelers Depot

The Terrible Podcast — Talking Steelers Signing OLB Alex Highsmith To Four-Year Contract Extension

The Terrible Podcast - Steelers Podcast via Steelers Depot

The Terrible Podcast

Football, Sports

4.61.1K Ratings

🗓️ 19 July 2023

⏱️ 30 minutes

🧾️ Download transcript

Summary

July 19, 2023 - Season 13, Episode 154 of The Terrible Podcast is now in the can. In this Wednesday morning show, I fly solo with Alex Kozora out on vacation this week. This solo podcast was needed because of the Pittsburgh Steelers signing outside linebacker Alex Highsmith to a four-year, $68 million contract extension Wednesday morning. In this show, I go over the early known details related to the Highsmith contract extension. I talk about new money average, likely guarantees and likely structure of the deal. I also give my thoughts on what Highsmith's new salary cap charge for 2023 is likely to be, or at least in the neighborhood of. Later in this 30-minute show, I talk about how the Highsmith deal was fairly easy to predict overall with the only real unknown being the length of the extension. I also discuss how the threat of the franchise tag in 2024 possibly played a part in the contract negotiations with Highsmith. As soon as the full details related to Highsmith's become available, I will post them on the site. Additionally, we will be back on Friday with a new podcast episode to continue discussing the Highsmith extension and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the terrible podcast with your host from Stiller's Depot

0:06.1

dot com where you can find all your latest and greatest Steelers news.

0:10.5

It's Dave Bryan and Alex Kazura. Always lead. Talking Steelers. And now, here's Dave and Alex. 13 episode 154. I'm Dave Brian from the Steelers Depot.com

0:35.0

and I'm flying solo on this Wednesday July 19th.

0:41.0

Alex Kuzora is still on vacation or well deserved vacation at that this week

0:47.1

And I'm doing this podcast on this Wednesday. It's going to obviously be a shorter show with me flying solo here.

0:53.7

I'll try not to stutter too much along the way here, but the reason I'm doing this is obviously

0:59.2

the Pittsburgh Steelers announced Wednesday morning that they have signed Alex Highsmith to a four-year

1:07.1

contract extension that runs through the four year

1:20.4

year extension to new four years on top of 2023 total out at 68 million dollars in total

1:30.8

Adam Shefter reports that Highsmith getting 27, a little over 27.7 million in guarantees as part of the deal and 38 million dollars in total over the first two new years of the deal.

1:47.8

Now the first two new years of the deal, meaning

1:50.9

two thousand and twenty four and two thousand and twenty five. meaning 2,000 and 24 in 2025.

1:55.0

High Smith was already had old money on the books for 2023.

2:01.0

He was set to earn 2.743 million in 2023 prior to this extension as part of you know his rookie-based salary for 2023.

2:15.6

And also he had qualified

2:17.0

for the proven performance escalator

2:18.8

which gave him that bump up to 2.743 million there.

2:23.6

So once again, I wanted to kind of talk a little bit about this deal.

2:27.2

We don't know a lot of specifics other than the four New Year's

2:31.6

totaling out supposedly at 68 million we don't know more

2:36.8

than 27 point a lot more than 27.7 million in guarantees and the $38 million total in probably new money over the first two years of the deal here.

...

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