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Rashaad Penny's New Contract is Huge Steal for Eagles

David Kaestle
Rashaad Penny's deal with the Eagles works out for both sides.
Rashaad Penny's deal with the Eagles works out for both sides. / Associated Press
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The Philadelphia Eagles are coming off of a Super Bowl appearance in 2022, but their roster is already experiencing a ton of turnover. Wednesday saw the Eagles lose another key member of their defense with the release of Pro Bowl cornerback Darius Slay after failing to reach an agreement on a restructured contract.

Starting running back Miles Sanders is also a free agent, but Philly's most recent signing indicates he won't be back either. So, the Eagles signed former Seattle Seahawks running back Rashaad Penny.

Penny signed a one-year deal worth $2.1 million max, but only $600,000 guarnteed, which is a steal for the team.

Penny is coming off a torn ACL last season, but prior to the injury, he was a very productive back. He's averaged at least 6.1 yards per carry the last two seasons, albeit in only a combined 15 games.

Nevertheless, the Eagles are taking on almost no risk with this signing, just a one-year deal and at a low number. If Penny can stay healthy, Philly just added one of the most efficient backs in the league for a fraction of the price it would have cost to retain Miles Sanders, who is probably looking for a multi-year deal in the $10 million-plus range.

Whether or not Sanders gets that from another team is to be determined, but he certainly was never coming back to Philly on a deal like Penny just received. The Eagles' backfield depth is one of their strengths, so even if Penny doesn't work out, Philly will be just fine.

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David Kaestle is not a FanDuel employee. In addition to providing DFS gameplay advice, David also participates in DFS contests on FanDuel using his personal account, username davekaestle. While the strategies and player selections recommended in his articles are his personal views, he may deploy different strategies and player selections when entering contests with his personal account. The views expressed in their articles are the author's alone and do not necessarily reflect the views of FanDuel.

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