Packers Releasing Nick Perry

[Dantés]

He's out. Hopefully the newly signed pass rushers prove to be better investments. They're certainly more durable.

 

[Deleted member 6794]

That was to be expected with the Packers signing the Smiths.

 

[Mondio]

I figured it was inevitable, then almost assured after Smith, and then really really almost assured after signing the other Smith

 

[tynimiller]

Thanks for your time Perry..there were highs and there were lows. Wish you well but never against us in the future.

 

[Pugger]

I can't say I'm disappointed. Perry just never lived up to his draft status. Perhaps he'll land on his feet somewhere else...

 

[gbgary]

unfortunately not surprised. only clicked that one year.

 

[C-Lee]

See ya.

 

[bmquig5]

Just saved $11M this year and signed two guys who have played a TON of snaps the past 3-4 seasons. Sign me up.

Will surely still address the EDGE with a youngster in the draft in the first few rounds. But this helps remove the immediate need and can open up best man available mentality at #12 and #30.

 

[GreenBaySlacker]

He's out. Hopefully the newly signed pass rushers prove to be better investments. They're certainly more durable.

Packers are swinging elbows. I love it. The under producing veterans are getting off the couch today...

 

[GreenBaySlacker]

Might be asking too much from the football gods. But it would be sweet if either Perry or mathews slipped in fa and ended up back here for a more team friendly deal.

 

[Curly Calhoun]

Too bad he couldn't stay healthy for Green Bay....He did have his moments.

Hopefully, he can latch on somewhere else.

 

[Cheese Headed Monster]

I felt he played better when he had the club on his hand.

 

[GreenNGold_81]

Always thought he was a tweener at OLB and I do wonder if he would have been a more productive player at DE in a 4-3. Sorry he didn't pan out.

 

[OldSchool101]

It’s the bringing in a new era. Perry played like a third rounder but with first rounder pay that doesn’t cut it. Wishing well to him wherever he lands.

 

[Mondio]

Perry wouldn't have been more productive in any position because he couldn't say on the field or stay healthy. And had he, his production would have been pretty nice for us too. His problems weren't scheme, position or anything other than he couldn't stay on the field.

 

[Do7]

I feel with Perry the word that best summarizes my thoughts of him is wasted potential. Dude could play, but he was always hurt.

 

[XPack]

Just saved $11M this year and signed two guys who have played a TON of snaps the past 3-4 seasons. Sign me up.

Will surely still address the EDGE with a youngster in the draft in the first few rounds. But this helps remove the immediate need and can open up best man available mentality at #12 and #30.

https://packerswire.usatoday.com/2019/03/12/report-packers-releasing-veteran-olb-nick-perry/

The Packers’ first-round pick in 2012 had a $4.8 million roster bonus due Saturday. GM Brian Gutekunst wasn’t interested in paying it after signing Za’Darius Smith, Adrian Amos and Preston Smith on Tuesday.

Releasing Perry would create an $11.1 million dead cap hit and $3,337,500 in new cap space. If designated a post June-1 cut, he’d cost $3.7 million against the cap in 2019 and create $10,737,500 in new cap space, but the savings wouldn’t be realized on the cap until June.

Not sure if we released him outright or scheduled for Jun release.

 

[Zartan]

Perry was good only for one season, the season before he got his new contract. Since then he has been pretty much a missing persons case. Can't say I will miss him. With the new additions might get some production at the pass rusher.

 

[LambeauLombardi]

Perry was good only for one season, the season before he got his new contract. Since then he has been pretty much a missing persons case. Can't say I will miss him. With the new additions might get some production at the pass rusher.

Yeah the fact that he fooled Ted in his contract year (fair or unfairly) makes me like him much less. He seemed like a nice guy, but a horrible investment the last 2 years especially.

 

[GleefulGary]

Yeah the fact that he fooled Ted in his contract year (fair or unfairly) makes me like him much less. He seemed like a nice guy, but a horrible investment the last 2 years especially.

I don't think he played poorly on purpose. Just couldn't stay healthy. As far as I know, his character and work ethic have never been questioned.

 

[metallicblaze]

Finally we are being proactive instead of just waiting for stuff to happen.

 

[sschind]

https://packerswire.usatoday.com/2019/03/12/report-packers-releasing-veteran-olb-nick-perry/

The Packers’ first-round pick in 2012 had a $4.8 million roster bonus due Saturday. GM Brian Gutekunst wasn’t interested in paying it after signing Za’Darius Smith, Adrian Amos and Preston Smith on Tuesday.

Releasing Perry would create an $11.1 million dead cap hit and $3,337,500 in new cap space. If designated a post June-1 cut, he’d cost $3.7 million against the cap in 2019 and create $10,737,500 in new cap space, but the savings wouldn’t be realized on the cap until June.

Not sure if we released him outright or scheduled for Jun release.

How much would he cost against the cap next year if a post June first cut?

 

[HardRightEdge]

https://packerswire.usatoday.com/2019/03/12/report-packers-releasing-veteran-olb-nick-perry/

The Packers’ first-round pick in 2012 had a $4.8 million roster bonus due Saturday. GM Brian Gutekunst wasn’t interested in paying it after signing Za’Darius Smith, Adrian Amos and Preston Smith on Tuesday.

Releasing Perry would create an $11.1 million dead cap hit and $3,337,500 in new cap space. If designated a post June-1 cut, he’d cost $3.7 million against the cap in 2019 and create $10,737,500 in new cap space, but the savings wouldn’t be realized on the cap until June.

Not sure if we released him outright or scheduled for Jun release.

I did not read the link, but what your comments do not elucidate is the fact that if you cut him after June 1, then from a two year perspective the additional cap cost for the priviledge is $4.8 mil, the amount of the signing bonus. In other words, what that would amount to is dumping $4.8 mil in cap by paying that bonus for the priviledge of moving $7.4 mil in cap space from 2020 to 2019.

The Gutekunst blueprint in this free agency foray (guys in their mid-20's) is to build toward a multi-year window of opportunity. Dumping $4.8 mil in cap just to move cap space from 2020 to 2019 would be a "win now" move, and is antithetical to the multi-year blueprint.

I would be quite surprised if Gutekunst used the June 1 option.

 

[HardRightEdge]

Finally we are being proactive instead of just waiting for stuff to happen.

The "waiting for stuff to happen" was rookie productivity coming out of the draft, and player development in the form of second year and third year jumps whereby guys on cheap rookie contracts outperform their cap cost.

This free agency is a good start toward compensating for past failures in those regards, but at some considerable cost. To get over the top, we still have to wait for that critical mass of rookie contract productivity. It is not optional.

 

[Pokerbrat2000]

Nick Perry's release came without a post-June 1 designation, according to the NFL's official transactions. That means the Packers are taking the big dead money hit ($11.1 million) right away. They'll still save $3,337,500 in cap space this year but could have saved $10,737,500 (cap space) if they went the post-June 1 route.

However, cutting him before 3/15 saves the Packers $5.2M in roster and workout bonuses.