This is being reported as a 5 year 12 million dollar deal with 7.5 million guaranteed, but it’s not 5 years. It’s just 5 years to prorate the signing bonus. It’ll void after 2, presumably if Morgan does something like play at least 1 snap or something. This is just some Dan Snyder salary cap magic. This is a 2 year, 12 million dollar deal with 7.5 million guaranteed.

Josh Morgan has never surpassed 698 yards in a season. In 2009, he had 52 catches for 527 yards and 3 touchdowns and in 2010, he had 44 catches for 698 yards and 2 touchdowns. He’s never had a good quarterback until 2011, when he missed 11 games with an injury. In 5 games, he had 15 catches and 220 yards and a touchdown. Josh Morgan is a classic overrated for being underrated guy. Everyone has been saying he’s underrated so much this offseason that he became overrated. He’s a solid #2 receiver coming off a major injury (a brutal broken leg). That’s not worth 6 million per year.

Grade: C