The report states Goodwin has already informed the team. Veterans are expected to report to the NovaCare Complex for their first day of COVID-19 testing on Tuesday.
By opting out, Goodwin will forgo his $3.95 million base salary this year and will instead receiver a cash advance from the NFL. The advance will be either $350,000 if the NFL decides he has medical reason to opt out, or $150,000 if they decide there is no medical reason. The advance will come out of his salary. His base salary, which is not guaranteed, is now on the Eagles books for 2021.
It seems Goodwin opting out will open up $3.95 million in salary cap space for the Eagles this season.
The loss of Goodwin will put more pressure on the Eagles' younger players to step up and be ready to play immediately, considering Goodwin was acquired to be a veteran safety-net.