Wow, sometimes I just don’t get it. The Minnesota Vikings acquire DE Jared Allen from the Kansas City Chiefs and sign him to a new contract, and I see hosts of people on radio, TV and internet message boards saying that the Vikings OVERPAID. While I can see, on the surface, why some people may have that initial reaction, I frankly think it’s conventional thinking and, with just a little analysis, people will come to realize that this move was nothing short of a NO-BRAINER for the Vikings.

First, let’s get the terms of the trade out of the way:

Vikings Get:

• DE Jared Allen
• 6th round pick (6.21 — 187th overall)

Chiefs Get:

• 1st round pick (1.17 — 17th overall)
• 3rd round pick (3.10 — 73rd overall)
• 3rd round pick (3.19 — 82nd overall)
• 6th round pick (6.16 — 182nd overall)

In conjunction with the trade, the Vikings gave Allen a new 6-year contract worth up to $74mm with incentives. The deal includes $31mm in guarantees; and puts Allen among the league’s highest paid defenders.

For those who might not realize, the 2007 Minnesota Vikings were the first team in NFL history to lead the league in both rushing offense and defense yet miss the playoffs. This team isn’t in rebuilding mode, it’s a team that could easily compete for a top seed in the NFC playoffs, particularly with the retirement of Brett Favre; the NFC North is wide open for the Vikes’ taking.

For the naysayers, let me offer you not one but two perspectives on why this deal made a ton of sense for Minnesota:

Approach #1: The Peer Group Comparison

Let’s say you turned on Sportscenter and read that the Vikings acquired Julius Peppers from the Panthers instead. Better yet, let’s say they acquired Dwight Freeney for the same draft compensation from Indianapolis. How many NFL pundits and fans would be singing the Vikings praises then? Yet, here’s the thing…Jared Allen is AS GOOD IF NOT BETTER than either Peppers or Freeney.

• Julius Peppers — 28 years old, 90 games played, 56 sacks, 31 passes defensed, 288 tackles
• Dwight Freeney — 28 years old, 88 games played, 60 sacks, 11 passes defensed, 190 tackles
• Jared Allen — 26 years old, 61 games played, 43 sacks, 25 passes defense, 227 tackles

Allen is:

• Two years younger
• Healthier
• Averaged more sacks per game (0.70 vs. 0.68 & 0.62)
• Averaged more passes defensed per game (0.41 vs. 0.13 & 0.34)
• Averaged more tackles per game (3.72 vs. 2.16 & 3.20)

Approach #2: The Draft Value Chart Comparison

By now everyone knows that most NFL teams utilize a derivative of the same draft trade chart that was first popularized by Jimmy Johnson back in his Cowboys coaching days. This is the tried and true chart teams use to evaluate trading up or down on draft day. The chart assigns a point value to each pick and declines with each successive pick.

According to the most common version of the trade chart, the value of the picks KC received was:

• 17th = 950 points
• 73rd = 225 points
• 82nd = 180 points
• 182nd = 18.6 points
• TOTAL = 1,373.6 points

In order for most GMs to make this trade, they have to feel they’re getting back equivalent or better value. The value of the 6th round pick the Vikes acquired = 16.6 points, which means:

• 187th = 16.6 points
• DIFFERENTIAL = 1,357 points

In order for the deal to make sense, Jared Allen should be “worth” at least 1,357 points on the draft chart. According to the draft chart:

• 9th overall = 1,350 points
• 8th overall = 1,400 points

Does ANYONE want to argue that Jared Allen isn’t worth the 8th or 9th overall pick in this year’s draft? You’re getting a 26 year old proven ELITE defensive end. Frankly, if we’re being intellectually honest, Jared Allen would be the 1st overall pick WITHOUT QUESTION if he were draft eligible this year. He’s a proven commodity at an elite position. Yet, all the Vikings really need out of him is the value of the 8th or 9th pick in the draft.

Let’s not mince words. Barring injury, this deal was a LAYUP for the Vikings. Keep in mind what Jared Allen has accomplished and then consider who his defensive linemates were in Kansas City. Now, he gets to line up alongside Kevin and Pat Williams; the best 4-3 tackles in the NFC. The Vikes added the league’s best young defensive end to a defense that already led the league in rushing defense. Even if their pass offense continues to struggle this season, the combination of a stifling defense and the NFC’s top rushing offense should give them as easy a road to the playoffs as any team in the NFC.

Congrats to the Vikings fans; as an Eagles season ticket holder I’m jealous.

The deadline for teams to apply the franchise or transition tag designations ended at 4:30 pm EST yesterday; so now it’s time to recap what happened and evaluate some of the moves (and non-moves).

Twelve (12) teams used the franchise tag designation:

• CB Nmandi Asomugha (Oakland)
• CB Marcus Trufant (Seattle)
• DE Jared Allen (Kansas City)
• DT Albert Haynesworth (Tennessee)
• DT Corey Williams (Green Bay)
• LB Karlos Dansby (Arizona)
• LB Terrell Suggs (Baltimore)
• OT Stacy Andrews (Cincinnati)
• OT Jordan Gross (Carolina)
• S Ken Hamlin (Dallas)
• TE Dallas Clark (Indianapolis)
• TE L.J. Smith (Philadelphia)

Most Surprising Tag: Stacy Andrews

Andrews played quite well last season, but it was his first year as a starter. The Bengals still have Levi Jones and Willie Anderson in the picture; although that may change now that Andrews has been tagged. Given the importance of Carson Palmer and Andrews’ age, the move isn’t a total shocker; although few outside of die hard Bengals fans expected it.

Most Surprising Non-Tag: Randy Moss 

As we discussed last night, not tagging Randy Moss is shocking only if they don’t already have a long-term deal completed; but unannounced until the February 29th start of free agency. We expect he IS under contract, but if this proves untrue, this may be the most shocking non-tag decision of the modern era.

Other Surprising Non-Tags 

• OT Flozell Adams (Dallas) – Adams is no spring chicken, and the Cowboys did use their tag on someone else (Ken Hamlin), but this is a bold move if the Cowboys don’t end up re-signing Adams. He has played at a high level the last few seasons and the team doesn’t have someone of his caliber (or close to it) currently on the roster. Will Jerry Jones be willing to go to battle with a young, unproven tackle in 2008?
• PK Josh Brown (Seattle) — The Seahawks tagged Brown last year and it was thought he could be tagged again this season; but now free agency looms. It’s never an easy decision to let a proven kicker walk, but perhaps they didn’t see the logic in making him the highest paid PK in the league.

Interesting Tag Minutiae

• Exclusive tag versus non-exclusive – As we discussed earlier this week, Nmandi Asomugha was tagged with an exclusive franchise designation, meaning the Raiders paid him more (the average of the 2008 top 5 projected salaries versus the 2007 in a normal tag) in exchange for keeping Asomugha from being able to negotiate with other teams. It’s telling that only one of twelve teams opted to use this tag; as it involves paying a player more yet brings less wiggle room. Why a team would pass up the idea of getting 2 first round picks if a team wants their free agent badly enough is a mystery (the Raiders would still have had the right to match).
• Is Suggs a linebacker or defensive end? — The Baltimore Ravens tagged Terrell Suggs as a linebacker, but he has filed a grievance contending he should be paid as a defensive end. The difference? About $800K for the one-year tender. This matter will be settled shortly (if Suggs lined up more than 50% of the snaps as an end, he’ll get his extra dough), but it’s odd that Suggs, who has gone to the Pro Bowl twice as a LINEBACKER would think of himself otherwise.

Most Likely to Sign a Long-term Deal: Dallas Clark

OK, this is cheating since Clark already signed a 6-year deal to remain with the Colts.

Least Likely to Sign a Long-term Deal:  L.J. Smith

The Eagles remain concerned about Smith’s health and likely won’t agree to a long-term extension without seeing improvement on the field. This is basically a one-year option to retain a talented, system TE in a very weak free agent market for tight ends.

How did we do in our predictions?

We previewed each division and our thoughts on potential tag candidates. Overall, I’d say we did quite well.

• We correctly predicted 9 of 10 ‘definites’; our only whiff was on Randy Moss
• We noted that Flozell Adams and Ken Hamlin were possibilities in Dallas [although we leaned toward Adams]
• We noted that Brown and Trufant were possibilities in Seattle [and leaned toward Trufant]
• We noted DT Corey Williams and WR Bernard Berrian as possible tags [one out of two]
• We suggested that Justin Smith shouldn’t be tagged

Now it’s onto free agency and the NFL draft!
Related Blogs:

• ‘Tis the Season for Tagging
• NFC East Potential Tag Candidates
• NFC North Potential Tag Candidates
• NFC South Potential Tag Candidates
• NFC West Potential Tag Candidates
• AFC East Potential Tag Candidates
• AFC North Potential Tag Candidates
• AFC South Potential Tag Candidates
• AFC West Potential Tag Candidates

Denver Broncos

The Broncos don’t have any free agents that are obvious fits for either the franchise or transition tag designation.

Kansas City Chiefs

DE Jared Allen

The Chiefs are expected to tag Jared Allen with an eye toward signing him to a long-term deal before the July 15th deadline. Allen had 15.5 sacks this season and has averaged 11 sacks per season over his 4-year career. Pass rushers of Allen’s ability simply don’t get into the open market very often.

Oakland Raiders

CB Nmandi Asomugha

Rumors persist that Asomugha will be franchised if the team can’t come to terms on a long-term deal before the tagging deadline. The 5-year veteran is considered a cornerstone of the team’s young, energetic defense and; given the price of free agent corners, it might not be as shocking a decision to tag him as one might think. That said, Asomugha is coming off a disappointing season following his breakout 2006 campaign. The team wouldn’t be tagging Asomugha for the player he already is; but rather for the player they think he can become.

San Diego Chargers

The Chargers don’t have many key free agents, and aren’t likely to utilize their tag designations.