Rodgers contract discussion

[HardRightEdge]

I wouldn't count on the Raiders letting him go. They are about to move to Vegas, I don't see them letting what may be they're biggest go.

The Raiders have been a low earning franchise for quite some time with their sub-standard stadium. Fans knowing they're leaving town surely can't help the situation.

They took out a $600 million loan to go toward construction of their new pleasure palace, so now there's debt service. They're also plowing $250 million in advance sales of seat licenses into construction, borrowing from future cash flow. With two more seasons to go before they make the move, they may have cash problems.

That said, Mack would not be the first guy to hold out until the 11th. hour and then show up before opening day with fines forgiven. It's a chicken game.

 

[mongoose]

His girlfriend better be a good girl and keep him happy! I'm sure she will now! This guy just made history!

 

[MiamiBeachPacker]

That's interesting and starts to make some sense. The signing bonus must be prorated over the term of the contract, but not more than 5 years.

57 / 5 = 11.4 + 10 = $21.4 2018 cap cost. That's only about a $1 mil bump over previous assuming he's now signed out to 5 or more years.

The $13 mil in March sounds like a roster bonus. That cannot be prorated; it would charged against the 2019 cap.

Based on your report and the stuff previous to it, I'm still unclear as to whether Rodgers is not under contract for 4 years or 6 years since this is not strictly speaking an extention as it is a rewrite of his last 2 years plus x years. 6 would make more sense.

We really need to see the whole enchillada to understand the implications.

This is the best breakdown that I’ve seen so far

https://www.acmepackingcompany.com/...d-increase-packers-cap-number-by-500k-in-2018

 

[HardRightEdge]

What can you do with 30 million that you cant do with 20?Uhmm be able to spend, save and/or invest another 10 million dollars?

You know, in the old days when pay was much lower a guy's lifetime highlights came before the age of 30, maybe 35. After that, he might run a bar. Or if he was smart with his money and made the right connections, it might be a car dealership or a beer distributorship or a pole building construction company. Charm and good looks might get him a media job. At the rare high end, you have Staubach building a mini real estate empire which was sold off for $600 million, of which he got a nice chunk, and remains the company's executive chairman.

The point being, looking at the money elite QBs make today, it is easy to see how a smart one who has some vision might be looking at football as just phase 1 of an adult life with more opportunities to come and not football as the "as good as it gets" experience. An extra $13 mil per year is a nice add to the war chest for future endeavors.

 

[GBkrzygrl]

I'm glad they finally got it done. Suspected that they would. But that is an obscene amount of money. Can't even comprehend it.

So, now everyone is Happy Happy Happy.

 

[ShockwaveRider]

Meh, I don't know, when a 5'7" twerp amasses a $65,300,000,000.00 fortune for creating a social media platform, Aaron Rodgers paycheck doesn't seem so out of line.

Good for him.

I sure wish I had the skillset to win a SB and earn a couple of MVPs.

 

[HardRightEdge]

This is the best breakdown that I’ve seen so far

https://www.acmepackingcompany.com/...d-increase-packers-cap-number-by-500k-in-2018

That only provides a picture of this season's cap affect which aligns closely with the assumptions in post #26 above.

Here's another take on the whole enchillada:

https://www.si.com/nfl/2018/08/29/aaron-rodgers-contract-extension-packers

"The 4 year extension is worth $138 million."

Add that to the approximatly $42 million due for the next two years remaining on the old contract and you get to $170 million over 6 years for $28.3 million per year.

That sure doesn't make him the highest paid per year and locks him out of any cap inflation going forward.

Jones said there were incentives. Are there? How much and for what?

We need to see all the details with each year laid out, what the incentives are and for how much, and where the backloading of the cap hit begins to fall.

Somebody wake me up once that detailed layout is available.

 

[PikeBadger]

This is the best breakdown that I’ve seen so far

https://www.acmepackingcompany.com/...d-increase-packers-cap-number-by-500k-in-2018

Wonder what his 2019 cap hit is? Cap Looks good for this year. Some of the guys whose big contracts are expiring at the end of this season will become free agents imo.

 

[Half Empty]

Meh, I don't know, when a 5'7" twerp amasses a $65,300,000,000.00 fortune for creating a social media platform, Aaron Rodgers paycheck doesn't seem so out of line.

Good for him.

I sure wish I had the skillset to win a SB and earn a couple of MVPs.

Or develop that social media platform? Understand that they're both people making obscene money for doing nothing useful, but at least the twerp isn't one of a great number of people doing the same thing (specifically, not generally).

 

[HardRightEdge]

Here we go:

https://www.spotrac.com/nfl/green-bay-packers/aaron-rodgers-3745/

That represents only an additional $5.4 cap hit over the next two seasons which is quite a bit better than a sharp stick in the eye.

Note Rodgers' average in both cap and cash over the next 5 years is $30.1 mil, locked out of cap inflation, unless there's another renegotiation down the line (which is what this is, not literally an extenstion). Ryan is at $28.3 over the same period.

Year 6 drops to $25 mil with no dead cap at age 39. If he's still motoring along like Brady, and there hasn't been another renegotiation in the interim, that year will probably be redone.

Anyway, relative to the kinds of numbers kicked around in the offseason, our boy did take something of a discount.

One caveat: spotrac does not say anything about incentives. Are there any?

 

[PackerfaninCarolina]

Now go get Mack!

Well, I'm kinda more looking at Gute to invest in an all-pro OL to protect the $100 million asset

 

[PackerDNA]

Great job all around. Looking at the cap hits no harm done. And yes keeps them in range of Mack.

 

[Cornelius Weems]

The Raiders have been a low earning franchise for quite some time with their sub-standard stadium. Fans knowing they're leaving town surely can't help the situation.

They took out a $600 million loan to go toward construction of their new pleasure palace, so now there's debt service. They're also plowing $250 million in advance sales of seat licenses into construction, borrowing from future cash flow. With two more seasons to go before they make the move, they may have cash problems.

That said, Mack would not be the first guy to hold out until the 11th. hour and then show up before opening day with fines forgiven. It's a chicken game.

Very true, I see him definitely holding out until he can't. But just don't see the Pack paying him what he would want. I see him trying to get to the $100 million range. And I don't see the Packers paying him that type of money. Saving that money for players they intend to keep, is definitely the direction I see them going.

 

[PackAttack12]

Might should update the title of this thread.

 

[gbgary]

cap hit for first 5 years (rounding up) 21, 27, 33, 34, 37. *cough*

 

[sschind]

cap hit for first 5 years (rounding up) 21, 27, 33, 34, 37. *cough*

And some fans want to add another 15-20 or more for Mack? Kinda seems a tad difficult to do and be able to retain a lot of others.

 

[bigbubbatd]

And some fans want to add another 15-20 or more for Mack? Kinda seems a tad difficult to do and be able to retain a lot of others.

How much will the cap go up by the end of that deal? You know the Packers are factoring that in

 

[gbgary]

And some fans want to add another 15-20 or more for Mack? Kinda seems a tad difficult to do and be able to retain a lot of others.

if they're interested in a SB i think they have to. if they trade Perry to oak along with a #1 draft pick that alone gives you the room for Mack...or cut either Perry/Matthews/Cobb and use both #1s to get him...or...

there are ways to get it done.

 

[Mondio]

Trading Perry will cost us money

 

[RRyder]

if they're interested in a SB i think they have to. if they trade Perry to oak along with a #1 draft pick that alone gives you the room for Mack...or cut either Perry/Matthews/Cobb and use both #1s to get him...or...

there are ways to get it done.

This is going to seem ****ish but I really dont mean it to be so I apologize in advance

Once someone talks about trading or cutting Perry as a way to clear up cap space for Mack I completely check out and view their opinion on the subject of how to fit Mack, and new monster deal in under the cap, completely invalidated because they obviously need to do more research on how the cap works

 

[gbgary]

Trading Perry will cost us money

cutting him would but not trading.

 

[gbgary]

This is going to seem ****ish but I really dont mean it to be so I apologize in advance

Once someone talks about trading or cutting Perry as a way to clear up cap space for Mack I completely check out and view their opinion on the subject of how to fit Mack, and new monster deal in under the cap, completely invalidated because they obviously need to do more research on how the cap works

yes i'm wrong about cutting perry. i had the three $10m guys stuck in my head when i typed that. how would trading be bad?

 

[Mondio]

cutting him would but not trading.

how so? we've already paid him 4-5 million in roster bonus, what's left of his signing bonus that was 15+ million when he signed, gets accelerated and we'd save his salary which is about 2 million?

 

[Mondio]

must've been typing when you responded

 

[gbgary]

how so? we've already paid him 4-5 million in roster bonus, what's left of his signing bonus that was 15+ million when he signed, gets accelerated and we'd save his salary which is about 2 million?

ok. nevermind Perry.