Good Bye J’aire Alexander

[OldSchool101]

Getting his cap number that low is bordering on impossible. Roughly 8M of his cap hit is signing bonus, ie, money that has already been paid. You now have to come up with a way to reduce his base salary (16.1m) and his roster/game bonus (0.96m) totals in half. There is basically no incentive for him to do so.

He says no and nothing happens.

If we cut him, he'll get a pile of money. Probably more than he's schedule to make with us. Even the same contract as we just gave Hobbs puts more actual cash in his hand on day one that he'd make for all of 2025 in green bay.

If he agreed to a restructure, then we convert some of that 16Mil base Salary into a signing bonus, which would allow us to stagger it across a couple years. It does = a multi year commitment. However right now we’re paying $18Mil for ZERO production.
His current deal is bordering on abusive to our team when factoring his per active game average over the last several seasons. Unless you get “All Pro” J’aire playing 17 games + playoffs you lose imo.

The part I’m not sure about is where his commitment level is. Just for the record. Several years ago I said the exact same thing about Rodgers contract. Captain “without using the exact words” told me I was crazy. I said to restructure him into a $37.5mil annual but extend his guaranteed to give him more commit. His current 4 year deal then was a “2yr-1 then another 1” those were Rodgers words using bath mackwards. 2 years later.. as that salary dilutes, He took that exact pay cut with the Jets that took him to where? 37.5Mil. Not in a million years I was told

 

[mradtke66]

If he agreed to a restructure, then we convert some of that 16Mil base Salary into a signing bonus, which would allow us to stagger it across a couple years.
His current deal is bordering on abusive to our team when factoring his per active game average over the last several seasons. Unless you get “All Pro” J’aire playing 17 games + playoffs you lose

This is also possible, but he already has 2 years plus a void year. He already counts for 5.5m in 2025 and 26, with another 2.3m of proration in the void year.

Without adding any more years, he’ll be 30 when the contract voids.

What kind of contract makes sense if the biggest worry is his injury/availability?

 

[lambeaulambo]

cave man here...have chalk...will draw..

 

[AKCheese]

we’re not paying JA $26M , we already paid him $8M if we keep him we pay $17-18M more.

 

[Voyageur]

Yeah. My prediction is if we get some quantifiable draft capital we’d take the hit now. Either way his hit is already calculated into our available cap space. So you can imagine the financial flexibility of an additional $10Mil being shot into 2026.
Either way you pay for his remaining hit, but in a league where each season the hit diminishes the carry over (raised cap). The feeling $10mil now recognized in 2026 feels like $8.5mil etc. Yet you just got immediate spending power and if you understand how to utilize financials like we do, that’s not a bad thing.

It’s not like we’re paying interest on it it’s delayed CAP payment “zero interest”. Matter of fact I’d argue it’s the effect of being awarded an extra million or two for pushing it out.

I once had a lease that was .0001 factor. The Captive Financier allowed me to extend it. Not just the 12 months extension like the above example, but indefinitely. They took my Residual divided by my current payment and that result spread my debt across 52 remaining payments. I got 36+52 payments at .0001 factor. Or about 1/4 of 1% in a 7.5 year note. The cost funds for most Lenders is 10 times that. As you know. No Bank would loan $ at 0.24% for 7 years, right?

I got a 88 month loan at 0.24% money. Now you know why I always lease. Once I had clear title I sold it for about $9K. In 2012, Thats a 1/3 refund on all car payments I made (originally financed $28K Capital cost)

Excellent negotiations on your part. Knowing the math, and long-term implications of debt/reward is something few people truly understand.