Green Bay Packers Forum

Welcome to your Green Bay Packers Online Community!

Since 2006, PackersHome has been providing a unique experience for fans.
Your participation is greatly anticipated!
Login or Register.
Options
Go to last post Go to first unread
Offline MintBaconDrivel  
#1 Posted : Thursday, April 18, 2013 8:44:46 AM(UTC)
Rank: Senior Member

United States
Joined: 12/11/2012(UTC)
Applause Received: 130
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.
Offline Pack93z  
#2 Posted : Thursday, April 18, 2013 9:34:28 AM(UTC)
Rank: Select Member

PackersHome NFL Pick'em - Bronze: 2012

United States
Joined: 3/16/2007(UTC)
Location: North Central Wisconsin
Applause Given: 429
Applause Received: 1,187
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)
Rank: Veteran Member

Yahoo! NCAA March Madness - Gold: 2014Yahoo! NCAA March Madness - Silver: 2015

United States
Joined: 3/4/2013(UTC)
Location: Texas
Applause Given: 670
Applause Received: 489
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.
Offline DoddPower  
#4 Posted : Thursday, April 18, 2013 1:11:09 PM(UTC)
Rank: Veteran Member

FleaFlicker Fantasy Football - Gold: 2011FleaFlicker Fantasy Football - Bronze: 2015

United States
Joined: 9/24/2007(UTC)
Location: Visalia, CA
Applause Given: 3,156
Applause Received: 864
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.

Offline buckeyepackfan  
#5 Posted : Thursday, April 18, 2013 2:56:57 PM(UTC)
Rank: Veteran Member

FleaFlicker Fantasy Football - Bronze: 2012Yahoo! NCAA March Madness - Bronze: 2014

Joined: 8/7/2008(UTC)
Location: Lima, Ohio
Applause Given: 694
Applause Received: 712
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 (27-May): Penguins are in the Finals!!
Zero2Cool (24-May): Slim Eddie Lacy!
Zero2Cool (11-May): Yeah I was kind of stunned myself. Gordon is pretty much done I believe
TheKanataThrilla (11-May): Wow they kept that secret since January. Impressive leak control.
Zero2Cool (10-May): A source confirmed that Gordon had microfracture knee surgery in January.
Zero2Cool (10-May): I think that surgery was done in Jan, not coming up.
TheKanataThrilla (10-May): Melvin Gordon gettting microfracture surgery.
IronMan (10-May): Curry is so fun to watch
uffda udfa (9-May): Packers waive DT Josh Boyd.
Zero2Cool (9-May): Dan Patrick is a good one, but geez his commercials are ear punishers.
Zero2Cool (9-May): Bill Michaels is good. Rome blows. Jay Mohr is weird.
Zero2Cool (9-May): He's one of the few I enjoy listening to. Albeit, on the short Fox Sports segments Sunday morning.
Pack93z (9-May): But he certainly invokes me wanting to turn the channel... yes... he does that well.
Pack93z (9-May): How... he might think outside the box, but fails to look at all aspects before forming an opinion. For me... he does not invoke thought... t
Zero2Cool (8-May): He's easily thought-provoking too. He thinks outside the box.
Pack93z (7-May): He got the opinionated part right at least... specious.
Pack93z (7-May): From his podcast page... what a crock of dog dung.... The Herd with Colin Cowherd is a thought-provoking, opinionated, and topic-driven jour
Porforis (7-May): SQLzbub
Zero2Cool (6-May): uh oh ---> Size of database: 666 MB
Zero2Cool (3-May): Packers annual shareholders meeting will be held on July 21 at 11 a.m.
Zero2Cool (2-May): Packers decline option on former first-round pick Datone Jones
Zero2Cool (2-May): For the public
Zero2Cool (2-May): OTA practices: May 24, June 2 and June 6
Smokey (1-May): Pecan Waffles !
gbguy20 (30-Apr): i like waffles
Mucky Tundra (30-Apr): mmm Waffles
IronMan (30-Apr): seriously. Waffle House
IronMan (30-Apr): Waffle House!
Mucky Tundra (29-Apr): In unrelated news, a six figure sum was wired to Dr James Andrews bank account in the Cayman Islands
Zero2Cool (29-Apr): Dr. James Andrews, who examined Myles Jack in December, told the UCLA LB today that he does not need micro-fracture surgery.
wpr (29-Apr): 64321 is still available
Mucky Tundra (29-Apr): thanks wpr, now i have to change it :(
wpr (29-Apr): Right. Mucky is 12346. Big difference.
Mucky Tundra (29-Apr): because i'm smarter than he is ;)
Zero2Cool (29-Apr): 12345 didn't fare well for Tunsil, what makes you think it will for you?
Please sign in to use Fan Shout

Current Headlines

2016 Opponents
Sunday, Sep 11 @ 12:00 PM
at Jaguars
Sunday, Sep 18 @ 7:30 PM
at Vikings
Sunday, Sep 25 @ 12:00 PM
LIONS
Sunday, Oct 2 @ 12:00 AM
BYE
Sunday, Oct 9 @ 7:30 PM
GIANTS
Sunday, Oct 16 @ 3:25 PM
COWBOYS
Thursday, Oct 20 @ 7:25 PM
BEARS
Sunday, Oct 30 @ 12:00 PM
at Falcons
Sunday, Nov 6 @ 3:25 PM
COLTS
Sunday, Nov 13 @ 12:00 PM
at Titans
Sunday, Nov 20 @ 7:30 PM
at Redskins
Monday, Nov 28 @ 7:30 PM
at Eagles
Sunday, Dec 4 @ 12:00 PM
TEXANS
Sunday, Dec 11 @ 3:25 PM
SEAHAWKS
Sunday, Dec 18 @ 12:00 PM
at Bears
Saturday, Dec 24 @ 12:00 PM
VIKINGS
Sunday, Jan 1 @ 12:00 PM
at Lions

Think About It
Think About It

Recent Topics
2h / Green Bay Packers Talk / Barfarn

4h / Green Bay Packers Talk / DakotaT

23h / Green Bay Packers Talk / nerdmann

28-May / Green Bay Packers Talk / nerdmann

27-May / Green Bay Packers Talk / DarkaneRules

27-May / Green Bay Packers Talk / sschind

27-May / Green Bay Packers Talk / sschind

27-May / Green Bay Packers Talk / civic

26-May / PH Special / OlHoss1884

25-May / Green Bay Packers Talk / buckeyepackfan

25-May / Green Bay Packers Talk / Zero2Cool

24-May / Green Bay Packers Talk / warhawk

23-May / Green Bay Packers Talk / nerdmann

22-May / Green Bay Packers Talk / DakotaT

21-May / Green Bay Packers Talk / DakotaT


Tweeter