No big loss, hope he's happy when he gets less money.
It’s a gamble for sure. RBs don’t have a long shelf life. Shady McCoy is in year 10 and not having a very good season. This would have been year 6 for Bell.
Bell has made around $16 million so far in 5 years, most of it from them tag he played under last year. He could have been at $31 million or so after the tag this year. If he played in the tag this year at the pace he was on last year with 400 touches I highly doubt he gets a boatload of guaranteed money on his next deal.
He would be looking at a signing bonus plus his first year base salary guaranteed with maybe a small amount of year 2 base guaranteed only. I think any new team keeps him for 2 years and come the off season after that 2nd year, so after year 8 for Bell, they are prepared to cut ties with him.
Those 2 years would be worth between $25 to $30 million. Taking his career earnings to between $56 to $60 million over 8 years.
Is he going to for sure earn $40 million after not playing this year? Any new team would have to keep him for 3 years basically.
I think it would likely come out as a wash. Don’t think he would make $10 million more by sitting out this year vs playing on the tag and leaving Pitt in the off season.