Excuse my ignorance

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Having just read that we released Blake Bortles after signing him to a one year contract for $1 mill dollars, does he actually get paid that money after WE ended his contract ??, even though he never ever threw a ball for us ?. :eek:
 

ARPackFan

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Bortles contract was not guaranteed and he will not see any of that money. The only money, that does not count against the cap, the Packers paid would have been for any travel, housing, and per-diem associated with any min-camps attended.
 

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Bortles contract was not guaranteed and he will not see any of that money. The only money, that does not count against the cap, the Packers paid would have been for any travel, housing, and per-diem associated with any min-camps attended.
This is correct. Unless the contract had any money guaranteed. Only then would it pay. However, had he been on the team for game 1 of the regular season and then cut, he would receive full value as a veteran player. (Vested Veteran status, which I believe is 4 acquired years, but I could be wrong.)

Knowing how to work the money system can be very lucrative for a player if he can stay in the NLF long enough. One of the best examples is Chase Daniel. Currently signed with the Chargers. This will be his 12th year, 7th team, has only made 5 starts as QB, 261 pass attempts, and has made a cool $38 million in that time period. Not bad for someone who has fewer snap counts over the years than Rodgers gets in one year.
 

sschind

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This is correct. Unless the contract had any money guaranteed. Only then would it pay. However, had he been on the team for game 1 of the regular season and then cut, he would receive full value as a veteran player. (Vested Veteran status, which I believe is 4 acquired years, but I could be wrong.)

Knowing how to work the money system can be very lucrative for a player if he can stay in the NLF long enough. One of the best examples is Chase Daniel. Currently signed with the Chargers. This will be his 12th year, 7th team, has only made 5 starts as QB, 261 pass attempts, and has made a cool $38 million in that time period. Not bad for someone who has fewer snap counts over the years than Rodgers gets in one year.
You gotta be good enough for teams to be willing to keep you as a backup but not too good so they start you and you show that you really aren't very good after all and no one wants you.
 
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I asked LT to delete my acct

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Bortles contract was not guaranteed and he will not see any of that money. The only money, that does not count against the cap, the Packers paid would have been for any travel, housing, and per-diem associated with any min-camps attended.
Thank you.
 

Zartan

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You want to be just below the wealth level where family & friends ask for handouts or strangers plot to kidnap you or family members for ransom.
But have a high enough wealth level that if strangers do kidnap family members, that you have a particular set of skills.
 

Heyjoe4

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Having just read that we released Blake Bortles after signing him to a one year contract for $1 mill dollars, does he actually get paid that money after WE ended his contract ??, even though he never ever threw a ball for us ?. :eek:
Good question Bill and I don't know. My guess is that these contracts hinge on players making the final 53, and maybe the PS. They have to give them some sign of what they'll be paid. But in contract terms, there was no consideration on either side. Meaning Bortles gave the Packers nothing and the Packers will never got value for him. When he was cut, that probably voided whatever contract he signed. They probably threw him a few bucks just for taking him off the market and throwing a few practice reps. I'm guessing though.
 
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Good question Bill and I don't know. My guess is that these contracts hinge on players making the final 53, and maybe the PS. They have to give them some sign of what they'll be paid. But in contract terms, there was no consideration on either side. Meaning Bortles gave the Packers nothing and the Packers will never got value for him. When he was cut, that probably voided whatever contract he signed. They probably threw him a few bucks just for taking him off the market and throwing a few practice reps. I'm guessing though.

According to websites tracking salaries Bortles didn't receive a penny for his time with the Packers.
 

longtimefan

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Good question Bill and I don't know. My guess is that these contracts hinge on players making the final 53, and maybe the PS. They have to give them some sign of what they'll be paid. But in contract terms, there was no consideration on either side. Meaning Bortles gave the Packers nothing and the Packers will never got value for him. When he was cut, that probably voided whatever contract he signed. They probably threw him a few bucks just for taking him off the market and throwing a few practice reps. I'm guessing though.
Just a FYI
Was answered almost a week ago by @sschind to Bugg's question

I have a boring life, and ocd...

so I have time to ck every post and comment on some, even if it was answered a while ago..
This way I stay relavant and people think im smart
 

Heyjoe4

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Just a FYI
Was answered almost a week ago by @sschind to Bugg's question

I have a boring life, and ocd...

so I have time to ck every post and comment on some, even if it was answered a while ago..
This way I stay relavant and people think im smart
I think it was Raptorman who initially answered it (now that I looked...) and sschind added a few words. I've got a touch of old too.
 
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I asked LT to delete my acct

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I think it was Raptorman who initially answered it (now that I looked...) and sschind added a few words. I've got a touch of old too.
Don`t worry Joe, I appreciate the help. LTF is doing a Rodgers and angling for a better contract option.....lol
 

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