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Packer Free Agents: What should the Packers do? Track Their Decisions
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<blockquote data-quote="HardRightEdge" data-source="post: 818582"><p>There's little doubt in my mind that Perry needs to be renegotiated or cut before the roster bonus is due.</p><p></p><p>Right, at the risk of sounding like a broken record, the $11.1 mil in signing bonus overhang is irrelevant going forward. It is cap spent whether he stays, goes, or is renegotiated.</p><p></p><p>Perhaps the best way to look at is this:</p><p></p><p>When viewing the proration dead cap as sunk money, if cut before the roster bonus comes due his cap savings is $3.3 mil. If he were kept under the current contract for the 2019 season, you lose that savings while incurring $11 mil in cap cost for 2019 for salary, the roster bonus and per game bonuses that you do not incur if he is cut. The net cap difference between cut and keep for 2019 is $14.3 mil. That's a big number requiring an optimism that he returns to the 2016 form that got him this contract in the first place. It would be hard to justify that optimism to say the least.</p><p></p><p>Where we disagree is the amount he would get from another team in free agency if he can pass a physical or that he (or any player) would take a sharp pay cut on the order you described to compensate the team for underforming a contract when he can earn more in FA.</p></blockquote><p></p>
[QUOTE="HardRightEdge, post: 818582"] There's little doubt in my mind that Perry needs to be renegotiated or cut before the roster bonus is due. Right, at the risk of sounding like a broken record, the $11.1 mil in signing bonus overhang is irrelevant going forward. It is cap spent whether he stays, goes, or is renegotiated. Perhaps the best way to look at is this: When viewing the proration dead cap as sunk money, if cut before the roster bonus comes due his cap savings is $3.3 mil. If he were kept under the current contract for the 2019 season, you lose that savings while incurring $11 mil in cap cost for 2019 for salary, the roster bonus and per game bonuses that you do not incur if he is cut. The net cap difference between cut and keep for 2019 is $14.3 mil. That's a big number requiring an optimism that he returns to the 2016 form that got him this contract in the first place. It would be hard to justify that optimism to say the least. Where we disagree is the amount he would get from another team in free agency if he can pass a physical or that he (or any player) would take a sharp pay cut on the order you described to compensate the team for underforming a contract when he can earn more in FA. [/QUOTE]
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