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
Smokey (2h) : Coffee anyone ?
Smokey (19h) : good show
Cheesey (20h) : APPLE with ice cream!
Smokey (20-Jun) : Cherry with Vanilla Ice Cream !!
Cheesey (20-Jun) : APPLE!
Smokey (20-Jun) : Apple or Cherry Pie ?
TheKanataThrilla (18-Jun) : The only have 2 preseason games. I like that as the fans get to see more of the starters.
TheKanataThrilla (18-Jun) : Next week I believe the CFL season starts. Go Redblacks!!!
Smokey (18-Jun) : Been researching CFL , Edmonton Eskimos have the best colors/uniforms .
Smokey (18-Jun) : When does the CFL Season start anyway ?
Smokey (18-Jun) : Saw Flute CFL highlights in the day, full CFL game was /is rare .
TheKanataThrilla (18-Jun) : I wish many of you would have seen Doug Flutie in the CFL. Absolute beauty.
TheKanataThrilla (18-Jun) : Vince Young cut from Sask. Roughriders. Good for him to consider the CFL, but only a select few NFL QB castoffs are a good CFL fit.
Smokey (17-Jun) : R 2
Zero2Cool (17-Jun) : Not all hackers are bad
Smokey (16-Jun) : Public Hangings for Hackers .
Cheesey (16-Jun) : No, he said HACKERS!
Smokey (16-Jun) : Did you say Crackers ?
Zero2Cool (16-Jun) : PACKERS PACKERS PACKERS
Cheesey (16-Jun) : "That is true, my dear Smokey!"LOL!
Smokey (15-Jun) : dat ? Brer Cheesey ?
Cheesey (15-Jun) : True dat, Smokey. MUCH better!
Smokey (15-Jun) : I like the fillets/tenders, they usually are a better deal.
Cheesey (15-Jun) : Good one, Porforis! Made me laugh!
Porforis (15-Jun) : Shoulda gone with Kentucky Fried Chickadee
Cheesey (15-Jun) : Last time I had KFC, the pieces were so small it should be renamed "Kentucky Fried Sparrow"
Cheesey (15-Jun) : POPEYES! (Or Churches chicken)
Smokey (15-Jun) : KFC or Popeyes Chicken ?
Smokey (15-Jun) : It's grocery shopping day !
Smokey (15-Jun) : Why did they shelter ?
buckeyepackfan (14-Jun) : Everybody safe in Green Bay? NFL Network babe said they had to take shelter in a theater for awhile.
Zero2Cool (14-Jun) : Today??
wpr (14-Jun) : Happy birthday Zero.
Smokey (14-Jun) : LOL !!!!
Cheesey (13-Jun) : The NBA season just ended....doesn't it start up again in another week?
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
Saturday, Dec 23 @ 7:30 PM
VIKINGS
Sunday, Dec 31 @ 12:00 PM
at Lions
Saturday, Dec 17 @ 12:00 PM
at Panthers
Think About It
Think About It
Recent Topics
3h / Around The NFL / Smokey

3h / Green Bay Packers Talk / Smokey

5h / Green Bay Packers Talk / buckeyepackfan

7h / Around The NFL / beast

11h / Green Bay Packers Talk / nerdmann

15h / Around The NFL / Smokey

20h / Green Bay Packers Talk / Cheesey

21-Jun / Football Familiarity / Smokey

20-Jun / Green Bay Packers Talk / Smokey

20-Jun / Fantasy Sports Talk / Smokey

19-Jun / Green Bay Packers Talk / PackFanWithTwins

18-Jun / Green Bay Packers Talk / nerdmann

17-Jun / Green Bay Packers Talk / beast

17-Jun / Green Bay Packers Talk / Smokey

16-Jun / Green Bay Packers Talk / beast

Headlines