Discussion Board
Welcome Guest! You can login or register. Login or Register.

Options
Go to last post Go to first unread
MintBaconDrivel  
#1 Posted : Thursday, April 18, 2013 8:44:46 AM(UTC)
JSOnline said:
Green Bay - The Green Bay Packers gave linebacker Clay Matthews a signing bonus of $20.5 million Wednesday as part of his five-year, $66 million extension.
Pack93z  
#2 Posted : Thursday, April 18, 2013 9:34:28 AM(UTC)
Quote:
Here is the breakdown of the new money in the Matthews' deal:

2014: $1 million base salary, $5 million roster bonus due on the third day of the league year in March, a $500,000 per game roster bonus ($31,250 for each game on the active roster) and a $500,000 workout bonus.

2015: $7.6 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

2016: $8.65 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

2017: $10.1 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

2018: $10.4 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

His $20.5 million signing bonus is pro-rated over five years, so it counts $4.1 million against the cap from 2013-'17 but doesn't count anything in 2018.


Well, that is about as good as it gets in a contract of this size in terms of protection for the team.. basically.. after 2014 they could shed his contract for basically a wash of his cap number of that deal. Still would hurt, but in a worst case scenario, it at least minimizes the damage somewhat. And it leaves some pretty good chunks of base salary to work with if the Packers need to move cap money around.

I think that up front money answers much of the questions of why they weren't very active in Free Agency early where signing bonus (up front money) is very much in play and desired by the players. Especially with this number probably to be dwarfed with Rodgers deal coming soon.
User is suspended until 4/29/2043 11:56:55 PM(UTC) texaspackerbacker  
#3 Posted : Thursday, April 18, 2013 10:13:36 AM(UTC)
Yeah, it sounds good to me. It didn't minimize the cap hit, but close enough to it without the big risk of dead money if something terrible happens in the short to medium term.
DoddPower  
#4 Posted : Thursday, April 18, 2013 1:11:09 PM(UTC)
Pack93z said: Go to Quoted Post
Well, that is about as good as it gets in a contract of this size in terms of protection for the team.. basically.. after 2014 they could shed his contract for basically a wash of his cap number of that deal. Still would hurt, but in a worst case scenario, it at least minimizes the damage somewhat. And it leaves some pretty good chunks of base salary to work with if the Packers need to move cap money around.

I think that up front money answers much of the questions of why they weren't very active in Free Agency early where signing bonus (up front money) is very much in play and desired by the players. Especially with this number probably to be dwarfed with Rodgers deal coming soon.


Can someone remind me why signing bonus money has to be evenly paid out throughout all years of the contract? Why can't teams have more flexibility in that regard? I'm sure there's good reasoning behind it.

buckeyepackfan  
#5 Posted : Thursday, April 18, 2013 2:56:57 PM(UTC)
Pack93z said: Go to Quoted Post
Well, that is about as good as it gets in a contract of this size in terms of protection for the team.. basically.. after 2014 they could shed his contract for basically a wash of his cap number of that deal. Still would hurt, but in a worst case scenario, it at least minimizes the damage somewhat. And it leaves some pretty good chunks of base salary to work with if the Packers need to move cap money around.

I think that up front money answers much of the questions of why they weren't very active in Free Agency early where signing bonus (up front money) is very much in play and desired by the players. Especially with this number probably to be dwarfed with Rodgers deal coming soon.


If my figuring is right, cap hit is in red. I did this for myself, just to make it easier to understand.

I'm surprised the base salary escalates so much between 2014-2105, was hoping the big jump would be after the 2016 season.

2014: $1 million base salary, $5 million roster bonus due on the third day of the league year in March, a $500,000 per game roster bonus ($31,250 for each game on the active roster) and a $500,000 workout bonus.

4.1mil + 1mil + 1mil = 6.1mil

2015: $7.6 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

4.1 mil + 7.6mil + 1mil = 12.7mil

2016: $8.65 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

4.1mil + 8.65mil + 1mil = 13.75mil

2017: $10.1 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

4.1mil + 10.1mil + 1mil = 15.2mil

2018: $10.4 million base salary, $500,000 per game roster bonus and $500,000 workout bonus.

10.4mil + 1mil = 11.4mil

His $20.5 million signing bonus is pro-rated over five years, so it counts $4.1 million against the cap from 2013-'17 but doesn't count anything in 2018.
Rss Feed
Users browsing this topic
Guest
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Notification

Icon
Error

Fan Shout
Zero2Cool (12h) : You want in, you're in. :-)
Zero2Cool (12h) : Need just one person to join PH fantasy league so we have ten. Not chasing everyone around anymore.
wpr (12h) : Liver, pizza, brushed, short walk, ear scratches sat on my lap.
Smokey (15h) : love, love, love .
gbguy20 (16h) : lots of tasty people food, car rides, go to a lake, just something out of the usual and lots of attention
gbguy20 (16h) : just make sure you give him an awesome weekend before Monday comes.
Cheesey (17h) : We had to do that 2 years ago to our 15 year old beloved Seth. It's never easy. I'm here for you if you want to talk.
Cheesey (17h) : Wayne, I know how hard that is. Loving them enough to let them go. I''m so sorry!
buckeyepackfan (18h) : Sorry to hear wpr. I had to do the same several years ago. He also was 15. Just know you are easing his pain.
Smokey (19-Aug) : HELLO DAVE !
wpr (19-Aug) : He's a mix. Shepard, Aussy Blue, Border Collie
Porforis (18-Aug) : Good grief... You're the third person I know this week that's had to do that. I'm sorry :(
Zero2Cool (18-Aug) : damn that sucks Wayne... sorry buddy
beast (18-Aug) : Sorry wpr :(
Smokey (18-Aug) : I love dogs, what is the dogs breed ?
wpr (18-Aug) : I spoke with my vet. I am going to put my 16 yo dog down on Mon.
rabidgopher04 (18-Aug) : Coincidentally when I saw the Red Sox in Boston it was against the Brewers.
wpr (17-Aug) : Good idea Z.
wpr (17-Aug) : I tapped my savings to spend time with my son.
Zero2Cool (17-Aug) : I'll have to find a time when Brewers play Red Sox at Fenway. Both teams, one location!
wpr (17-Aug) : Why do you need to be a jerk? I live in a modest home. My kids are out of the house. My wife and I both work. My son paid for most of it. I
Smokey (17-Aug) : Yes, Insurance Agents do well . You must feel so superior .
rabidgopher04 (17-Aug) : Fenway is electric. Great place to watch baseball. I've been a couple times.
wpr (17-Aug) : A few have it already. Most have to save it to do things.
wpr (17-Aug) : Yes Smokey, life takes money to do anything.
Smokey (16-Aug) : IF THEY HAVE THE MONEY !
wpr (16-Aug) : It is a must for everyone.
Zero2Cool (16-Aug) : I gotta hit that place sometime. Red Sox fan. Hell as a Baseball fan you gotta see Fenway.
wpr (16-Aug) : Flew into Boston today. Took in a game at Fenway with my son.
Smokey (15-Aug) : JOIN PACKERSHOME , A GREAT PLACE TO POST !
beast (12-Aug) : Fairly good news on all the injuries other than having the concussions, but glad it wasn't worse.
buckeyepackfan (11-Aug) : stupid Zeke!!!
Zero2Cool (11-Aug) : De'Angelo Yancey said when he saw Malachi Dupre this afternoon "it was like he never even got hit."
DarkaneRules (11-Aug) : Trubisky lit it up last night. he was throwing darts, especially on the run. impressive
DarkaneRules (11-Aug) : evans had a good game otherwise but refs were rusty
Please sign in to use Fan Shout
2017 Packers Schedule
Sunday, Sep 10 @ 3:25 PM
SEAHAWKS
Sunday, Sep 17 @ 7:30 PM
at Falcons
Sunday, Sep 24 @ 3:25 PM
BENGALS
Thursday, Sep 28 @ 7:25 PM
BEARS
Sunday, Oct 8 @ 3:25 PM
at Cowboys
Sunday, Oct 15 @ 12:00 PM
at Vikings
Sunday, Oct 22 @ 12:00 PM
SAINTS
Sunday, Oct 29 @ 12:00 AM
- BYE -
Monday, Nov 6 @ 7:30 PM
LIONS
Sunday, Nov 12 @ 12:00 PM
at Bears
Sunday, Nov 19 @ 12:00 PM
RAVENS
Sunday, Nov 26 @ 7:30 PM
at Steelers
Sunday, Dec 3 @ 12:00 PM
BUCCANEERS
Sunday, Dec 10 @ 12:00 PM
at Browns
Sunday, Dec 17 @ 12:00 PM
at Panthers
Saturday, Dec 23 @ 7:30 PM
VIKINGS
Sunday, Dec 31 @ 12:00 PM
at Lions
Think About It
Think About It
Recent Topics
1h / Green Bay Packers Talk / nerdmann

5h / Green Bay Packers Talk / Smokey

11h / Green Bay Packers Talk / nerdmann

17h / Green Bay Packers Talk / nerdmann

20h / Green Bay Packers Talk / beast

21h / Around The NFL / Zero2Cool

19-Aug / Green Bay Packers Talk / Smokey

18-Aug / Fantasy Sports Talk / Smokey

18-Aug / Green Bay Packers Talk / Cheesey

18-Aug / Green Bay Packers Talk / beast

18-Aug / Green Bay Packers Talk / nerdmann

17-Aug / Green Bay Packers Talk / Smokey

16-Aug / Green Bay Packers Talk / gbguy20

16-Aug / Green Bay Packers Talk / uffda udfa

16-Aug / Green Bay Packers Talk / DarkaneRules

Headlines