Packers and Aaron Rodgers agree on 3 yr 150 mill

[Deleted member 6794]

I've seen the same number thrown around and unless spotrac is wrong, that number is way off.

If you look under the column "Dead Cap", that shows what his Dead Cap hit is, if he is cut or traded in the corresponding year shown (before roster bonus kicks in). So currently, if he was cut today, his dead cap hit would be $150.997 M. If they cut him after 3 years....in 2025 (before 4/15/25)...$16.32M.

Again, im assuming Spotrac #'s are correct.

Aaron Rodgers

Aaron Rodgers contract and salary cap details, full contract breakdowns, salaries, signing bonus, roster bonus, dead money, and valuations.

www.spotrac.com

It seems that Spotrac is way off on their numbers regarding the dead cap of Rodgers' contract.

Let me explain why. The Packers paid Rodgers a signing bonus of $40.8 million at the time he signed the extension. That will be prorated over the entire length of the contract (FIVE YEARS!!!) for a cap hit of $8.16 million each season. That means if the team moves on from him after three season that results in a total of $16.32 million of dead money.

If he's on the roster in 2023 he will be paid a bonus of $58.3 million which will be prorated over the rest of the remaining contract once again for a cap hit of $14.575 million per season. That would result in dead money of $29.15 million if he's not on the team in 2025.

On top of that another bonus of $47 million is due if he's on the roster in 2024. Once again, that cap hit is prorated over the remaining three years of the deal as well for a cap hit of $15.667 million per season, resulting in dead money of $31.333 million counting against the team's cap in 2025 if Rodgers isn't around anymore.

That would result in a total of $76.8 million of dead money counting against the Packers' cap in 2025.

 

[Pokerbrat2000]

It seems that Spotrac is way off on their numbers regarding the dead cap of Rodgers' contract.

Could be, it also seems like Overthecap has it wrong too.

Aaron Rodgers Contract Details, Salary Cap Charges, Bonus Money, and Contract History | Over The Cap

Aaron Rodgers contract and salary cap details, including signing bonus, guaranteed salary, dead money, roster bonuses, and contract history

overthecap.com

 

[Deleted member 6794]

Could be, it also seems like Overthecap has it wrong too.

Aaron Rodgers Contract Details, Salary Cap Charges, Bonus Money, and Contract History | Over The Cap

Aaron Rodgers contract and salary cap details, including signing bonus, guaranteed salary, dead money, roster bonuses, and contract history

overthecap.com

Actually I'm pretty confident that I'm correct and both Spotrac and Over The Cap have it wrong.

It's easier if I explain it the following way. It's common knowledge that Rodgers will earn $150.815 million over the first three years of the contract. If the Packers move on from him after the 2024 season that entire amount has to be accounted for with the cap at that point.

If you subtract the cap hits over the first three seasons ($100,858,804) that would already leave close to $50 million in dead money counting against the cap in 2025. You need to realize that $26,847,137 of those cap hits originate from extensions previously signed though, resulting in a total of $76,803,333 dead money counting against the Packers cap.

 

[Heyjoe4]

I've seen the same number thrown around and unless spotrac is wrong, that number is way off.

If you look under the column "Dead Cap", that shows what his Dead Cap hit is, if he is cut or traded in the corresponding year shown (before roster bonus kicks in). So currently, if he was cut today, his dead cap hit would be $150.997 M. If they cut him after 3 years....in 2025 (before 4/15/25)...$16.32M.

Again, im assuming Spotrac #'s are correct.

Aaron Rodgers

Aaron Rodgers contract and salary cap details, full contract breakdowns, salaries, signing bonus, roster bonus, dead money, and valuations.

www.spotrac.com

Thanks Poker. That $76 mil number sounded off to me, and I heard it here. So I'll rely on Sportrac's numbers as well. They just sound more logical based on what we know. And I know the FO is willing to push cap out to stay competitive, but that's a lot for one guy. I think Wentz counted $40 mil for the Eagles, and his deal ended way early, and I think it was a record in dead cap at the time.

 

[Pkrjones]

Actually I'm pretty confident that I'm correct and both Spotrac and Over The Cap have it wrong.

It's easier if I explain it the following way. It's common knowledge that Rodgers will earn $150.815 million over the first three years of the contract. If the Packers move on from him after the 2024 season that entire amount has to be accounted for with the cap at that point.

If you subtract the cap hits over the first three seasons ($100,858,804) that would already leave close to $50 million in dead money counting against the cap in 2025. You need to realize that $26,847,137 of those cap hits originate from extensions previously signed though, resulting in a total of $76,803,333 dead money counting against the Packers cap.

Since you have the fine details on-hand... what are the cap ramifications if AR retires after '22; after '23 or after '24? How much bonus $ goes away in each situation? Thanx!

 

[Pokerbrat2000]

Actually I'm pretty confident that I'm correct and both Spotrac and Over The Cap have it wrong.

It's easier if I explain it the following way. It's common knowledge that Rodgers will earn $150.815 million over the first three years of the contract. If the Packers move on from him after the 2024 season that entire amount has to be accounted for with the cap at that point.

If you subtract the cap hits over the first three seasons ($100,858,804) that would already leave close to $50 million in dead money counting against the cap in 2025. You need to realize that $26,847,137 of those cap hits originate from extensions previously signed though, resulting in a total of $76,803,333 dead money counting against the Packers cap.

I'm going to have to get my lawyers to contact your lawyers to get this straightened out. I have never seen such a complicated contract before:

Contract Notes:

• $101.515M guaranteed at signing (2022 salary, 2022 roster bonus, 2023 salary, 2023 option bonus)
• 2022 Roster Bonus: $40.8M (fully guaranteed, treated as signing bonus)
• 2023 Option Bonus (to exercise the 2025 compensation): $58.3M (guaranteed)
• 2024 Option Bonus (to exercise the 2026 compensation): $47M (injury guaranteed at signing, fully guarantees the 5th day of the 2024 waiver period)
• Declining either of the 2023-2024 options converts the base salary for that year into the bonus figure ($58.3M, $47M respectively)
• 2025 Roster Bonus: $5M (paid 4/15/2025)
• 2026 Roster Bonus: $5M (paid 4/15/2026)
• 5 year total contract value: $186,750,000
  3 year contract value: $150,815,000
  2 new year contract value: $123,844,412

 

[Heyjoe4]

Aaron Rodgers officially signs contract extension; Packers QB to earn $150.8M over next three years

After a week of back-and-forth with the Packers on the exact structure of his new deal, Aaron Rodgers will make an average of $50 million per year over the first three years of the contract.

www.nfl.com

NFL says 3 years 150

Sports Illustrated says same

A lot of numbers getting thrown around. I'm not sure who to believe, only that $150 mil for three years sounds right. That's still a lot of money pushed out to years 4 and 5, but not $76 mil.

 

[Pokerbrat2000]

Since you have the fine details on-hand... what are the cap ramifications if AR retires after '22; after '23 or after '24? How much bonus $ goes away in each situation? Thanx!

I will let Captain Cap answer the money part, but the ramifications of AR retiring early...

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[Heyjoe4]

I will let Captain Cap answer the money part, but the ramifications of AR retiring early...

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I don't think he'll retire early. Gluten has done a good job finding players, and he'll likely involve Rodgers in the WR decisions. Anything is possible. I see him playing at least three years.

 

[Pokerbrat2000]

I don't think he'll retire early. Gluten has done a good job finding players, and he'll likely involve Rodgers in the WR decisions. Anything is possible. I see him playing at least three years.

I am hoping that the Packers are more than immunized against Rodgers retiring.

 

[Heyjoe4]

I am hoping that the Packers are more than immunized against Rodgers retiring.

Excellent choice of a word in "immunizing". And a reminder that Rodgers is capable of lying to us. Funny because he has to have complete trust in his receivers, but can't be as trustworthy himself. Point taken.

 

[Pokerbrat2000]

Excellent choice of a word in "immunizing". And a reminder that Rodgers is capable of lying to us. Funny because he has to have complete trust in his receivers, but can't be as trustworthy himself. Point taken.

I love Aaron Rodgers the football player, but I could do without the drama he has created in the last year. Sadly, I don't think we have seen the end of it.

 

[Heyjoe4]

I love Aaron Rodgers the football player, but I could do without the drama he has created in the last year. Sadly, I don't think we have seen the end of it.

Yeah agreed. If the team stumbles for any reason, he'll start looking for people to blame. In his world, big things are rarely his fault.

Well I'll feel better when the WR situation is resolved. They might have to settle for a remaining WR and a solid draft pick like Olave or London. I'd love it of they could trade for Metcalf. Or Lockett. We'll see.......

 

[Pokerbrat2000]

Yeah agreed. If the team stumbles for any reason, he'll start looking for people to blame. In his world, big things are rarely his fault.

Well I'll feel better when the WR situation is resolved. They might have to settle for a remaining WR and a solid draft pick like Olave or London. I'd love it of they could trade for Metcalf. Or Lockett. We'll see.......

I really have a hard time believing that the Seahawks would or should trade Lockett. If they do, his $31.2M cap hit is going to really sting. While they could spread it over 2 years, it is still quite a hit.

I love Metcalf's talent, but he would want to be paid in the top WR bracket and that part would not excite me at all. Throw in, what it would probably take in draft capital to get the Seahawks to part with him and that just seems like too big of a hit for the Packers.

I think the Packers are best off signing 1-2 of the cheaper vet FA's that are either getting up their in years or have a bit of an injury history. Still some really good WR's on this list.

1. Odell Beckham Jr., Los Angeles Rams
2. Julio Jones, Tennessee Titans
3. Emmanuel Sanders, Buffalo Bills
4. Jarvis Landry, Cleveland Browns
5. A.J. Green, Arizona Cardinals
6. Cole Beasley, Buffalo Bills
7. Allen Lazard, Green Bay Packers (RFA)
8. Will Fuller, Miami Dolphins
9. Sammy Watkins, Baltimore Ravens
10. John Ross, New York Giants
11. Albert Wilson, Miami Dolphins
12. Tre’Quan Smith, New Orleans Saints
13. Keelan Cole, New York Jets

 

[longtimefan]

I really have a hard time believing that the Seahawks would or should trade Lockett. If they do, his $31.2M cap hit is going to really sting. While they could spread it over 2 years, it is still quite a hit.

I love Metcalf's talent, but he would want to be paid in the top WR bracket and that part would not excite me at all. Throw in, what it would probably take in draft capital to get the Seahawks to part with him and that just seems like too big of a hit for the Packers.

I think the Packers are best off signing 1-2 of the cheaper vet FA's that are either getting up their in years or have a bit of an injury history. Still some really good WR's on this list.

1. Odell Beckham Jr., Los Angeles Rams
2. Julio Jones, Tennessee Titans
3. Emmanuel Sanders, Buffalo Bills
4. Jarvis Landry, Cleveland Browns
5. A.J. Green, Arizona Cardinals
6. Cole Beasley, Buffalo Bills
7. Allen Lazard, Green Bay Packers (RFA)
8. Will Fuller, Miami Dolphins
9. Sammy Watkins, Baltimore Ravens
10. John Ross, New York Giants
11. Albert Wilson, Miami Dolphins
12. Tre’Quan Smith, New Orleans Saints
13. Keelan Cole, New York Jets

Obj..2 acl tears in same knee

I pass

 

[Pokerbrat2000]

Obj..2 acl tears in same knee

I pass

I think OBJ will be a signing for some team closer to preseason or after. If a team loses a key guy to injury or feels OBJ will be returning sooner than expected, he would probably come cheap.

Personally, I would love to see Julio and Tre'Quan signed. Julio is definitely an injury risk, but I think that brings his price way down, that its worth what you end up getting. Tre'Quan just turned 26, I think he has some good years ahead of him.

 

[Poppa San]

I think OBJ will be a signing for some team closer to preseason or after. If a team loses a key guy to injury or feels OBJ will be returning sooner than expected, he would probably come cheap.

Personally, I would love to see Julio and Tre'Quan signed. Julio is definitely an injury risk, but I think that brings his price way down, that its worth what you end up getting. Tre'Quan just turned 26, I think he has some good years ahead of him.

The NOLA press aren't fans of keeping Tre'Quan.

More than likely, Smith goes to a team where he can carve out a solid role as a WR3/4, which he might not be able to do in New Orleans.

https://whodatdish.com/2022/02/25/saints-free-agent-trequan-smith-hype/
We have a roster full of those guys already.

 

[Pokerbrat2000]

The NOLA press aren't fans of keeping Tre'Quan.
https://whodatdish.com/2022/02/25/saints-free-agent-trequan-smith-hype/
We have a roster full of those guys already.

So are you telling me he would be an instant #1 for the Packers?

I like the upside of the guy and no, he won't/shouldn't be the #1 and hopefully not the #2, but that depends on who else the Packers sign and draft. I think on a minimal deal, he gets a new team and new life in the NFL at 26 years old.

 

[Heyjoe4]

I really have a hard time believing that the Seahawks would or should trade Lockett. If they do, his $31.2M cap hit is going to really sting. While they could spread it over 2 years, it is still quite a hit.

I love Metcalf's talent, but he would want to be paid in the top WR bracket and that part would not excite me at all. Throw in, what it would probably take in draft capital to get the Seahawks to part with him and that just seems like too big of a hit for the Packers.

I think the Packers are best off signing 1-2 of the cheaper vet FA's that are either getting up their in years or have a bit of an injury history. Still some really good WR's on this list.

1. Odell Beckham Jr., Los Angeles Rams
2. Julio Jones, Tennessee Titans
3. Emmanuel Sanders, Buffalo Bills
4. Jarvis Landry, Cleveland Browns
5. A.J. Green, Arizona Cardinals
6. Cole Beasley, Buffalo Bills
7. Allen Lazard, Green Bay Packers (RFA)
8. Will Fuller, Miami Dolphins
9. Sammy Watkins, Baltimore Ravens
10. John Ross, New York Giants
11. Albert Wilson, Miami Dolphins
12. Tre’Quan Smith, New Orleans Saints
13. Keelan Cole, New York Jets

I agree with you on Metcalf and Landry. They're unaffordable, at least for GB. I was just dreaming. I like Sanders and Landry on your list. OBJ won't be ready to play until late October I would guess, so pass. Jones is too injury prone. A WR group with Sanders or Landry and a top 15 WR in the draft would probably work pretty well. Whatever Gluten is gonna do in FA, he better do it now.

And they could always try to pick up OBJ mid-season. Worked well for the Rams.

 

[Heyjoe4]

So are you telling me he would be an instant #1 for the Packers?

I like the upside of the guy and no, he won't/shouldn't be the #1 and hopefully not the #2, but that depends on who else the Packers sign and draft. I think on a minimal deal, he gets a new team and new life in the NFL at 26 years old.

Yeah the Packers don't need another #3 WR. But Smith's age and talent are enticing. We've kind of all been assuming GB will pick up a veteran and a first round WR. What's wrong with taking two veterans from this list? Money probably. Would be nice to have a Justin Jefferson talent on a rookie first round deal for 4 or 5 years.

 

[Pokerbrat2000]

Yeah the Packers don't need another #3 WR.

I think one could make a case that of the Packers current WR group, none of them would be a #3 on quite a few teams. It amazes me that we are seeing teams with already decent WR's, improving even more. Meanwhile, if Lazard doesn't go elsewhere, we have him, Cobb, Amari, Taylor, Winfree, Blair and Gafford. Which is why I would go after at least 3 new WR's, a combination of FA'(s) and high draft pick(s).

 

[Heyjoe4]

I think one could make a case that of the Packers current WR group, none of them would be a #3 on quite a few teams. It amazes me that we are seeing teams with already decent WR's, improving even more. Meanwhile, if Lazard doesn't go elsewhere, we have him, Cobb, Amari, Taylor, Winfree, Blair and Gafford. Which is why I would go after at least 3 new WR's, a combination of FA'(s) and high draft pick(s).

I agree completely Poker. I think we've seen Lazard's best and it is closer to a #4 WR than a #3. So yeah, go after two vets and a high draft pick, or a vet and two draft picks. They have the draft capital.

Those other names on your list aren't going to win a conference much less a SB.

 

[Schultz]

What is the deadline on Lazard?

 

[Pkrjones]

What is the deadline on Lazard?

April 22nd is last day for someone else to sign an RFA away.

 

[Pokerbrat2000]

April 22nd is last day for someone else to sign an RFA away.

Yup and I doubt anyone is going to give the Packers a 2nd rounder for him and if they did, I would gladly take it. Between the 2nd round pick and the almost $4M salary, Lazard is all but ours. I actually value him more than MVS in the Packer offense.

Imagine if some team decides Lazard is worth the 2nd rounder and $4M.....the Packers would just have to add 1 more capable WR to their needs list.