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Gute Loot
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Seven months ago I made a thread in which I catalogued the reasons why I thought it made sense to resign Aaron Jones.
The basic points were these:
The Cap: Before the COVID-19 situation, the cap ceiling in 2021 was trending towards ~210M. It is now at 175M. Per spotrac, this leaves the Packers with ~5M in space in the offseason, as opposed to ~40M in space. This will mean a serious belt-tightening. While that will be true of other teams as well, many teams will have significantly more room than Green Bay.
Priorities: Related to the shrinking cap ceiling, the Packers have other players in need of extensions who ought to be high priorities, among them are David Bakhtiari and Kevin King. Bakhtiari, if he's to be resigned, will command a top end LT salary. King, being a corner, could also be expensive. I'd be fine with replacing King, but that in itself would mean spending on a different player at the position. Additionally, the team will be thinking about Adams and Alexander hitting FA after 2021.
Replaceability: If I'm being frank, one reason I've favored keeping Jones is that I just really like him as a player. A small school, 5th round pick turning into a top player at his position is really easy to root for. However, the reality is that running backs are easy to replace compared to other positions. Rookie running backs routinely make a big impact. And while he's not going to take on Jones' role exactly, the Packers have already invested in the future of the position with A.J. Dillon.
Comparable Contracts: 7 months ago, the most recent RB contract to compare Jones' potential deal to was Austin Ekeler's 4/24.5. Ekeler might have seemed like a strange comp, but his total production was actually similar to Jones'. His deal put him at just over 6M/season. Since that time, Dalvin Cook has signed a contract for 12.6/season, and Kamara has signed one for 15/season. These are the deals that Jones' agent will pursue.
Precedent: As was mentioned in the previous thread, the recent history of paying running backs has not been very promising. Lev Bell, David Johnson, Todd Gurley, Devonta Freeman... all of these guys caused their teams to regret the investment in relatively short order. It remains to be seen whether the newest crop of extensions will reverse that trend or keep it going. A guy like Ezekiel Elliott is currently on pace to just be more of the same.
Caveat: It's possible, albeit unlikely, that the shrunken cap will depress the RB market more than other positions, as RB is the most fungible of any NFL position. If Jones' market dries up and he could somehow be had for something more in like with Ekeler's deal (again-- unlikely), then you'd have to make that happen.
The basic points were these:
- He's had a relatively small work load.
- He's a versatile weapon.
- The market for RB's was weak.
The Cap: Before the COVID-19 situation, the cap ceiling in 2021 was trending towards ~210M. It is now at 175M. Per spotrac, this leaves the Packers with ~5M in space in the offseason, as opposed to ~40M in space. This will mean a serious belt-tightening. While that will be true of other teams as well, many teams will have significantly more room than Green Bay.
Priorities: Related to the shrinking cap ceiling, the Packers have other players in need of extensions who ought to be high priorities, among them are David Bakhtiari and Kevin King. Bakhtiari, if he's to be resigned, will command a top end LT salary. King, being a corner, could also be expensive. I'd be fine with replacing King, but that in itself would mean spending on a different player at the position. Additionally, the team will be thinking about Adams and Alexander hitting FA after 2021.
Replaceability: If I'm being frank, one reason I've favored keeping Jones is that I just really like him as a player. A small school, 5th round pick turning into a top player at his position is really easy to root for. However, the reality is that running backs are easy to replace compared to other positions. Rookie running backs routinely make a big impact. And while he's not going to take on Jones' role exactly, the Packers have already invested in the future of the position with A.J. Dillon.
Comparable Contracts: 7 months ago, the most recent RB contract to compare Jones' potential deal to was Austin Ekeler's 4/24.5. Ekeler might have seemed like a strange comp, but his total production was actually similar to Jones'. His deal put him at just over 6M/season. Since that time, Dalvin Cook has signed a contract for 12.6/season, and Kamara has signed one for 15/season. These are the deals that Jones' agent will pursue.
Precedent: As was mentioned in the previous thread, the recent history of paying running backs has not been very promising. Lev Bell, David Johnson, Todd Gurley, Devonta Freeman... all of these guys caused their teams to regret the investment in relatively short order. It remains to be seen whether the newest crop of extensions will reverse that trend or keep it going. A guy like Ezekiel Elliott is currently on pace to just be more of the same.
Caveat: It's possible, albeit unlikely, that the shrunken cap will depress the RB market more than other positions, as RB is the most fungible of any NFL position. If Jones' market dries up and he could somehow be had for something more in like with Ekeler's deal (again-- unlikely), then you'd have to make that happen.