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: Member

United States
Joined: 12/11/2012(UTC)
Applause Received: 123
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: 410
Applause Received: 1,134
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: 3,011
Applause Received: 796
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: 667
Applause Received: 695
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
uffda udfa: Nope. Too much pressure for them.
Zero2Cool: NFL MVP's don't seem to win the Super Bowl the same year, do they?
Zero2Cool: Panthers played uninspired and predictable, actually (and sadly) reminded me of the Packers. :(
Zero2Cool: Thanks 68md, good to know some notice and appreciate.
Zero2Cool: Holding a different or less than popular view is perfectly fine. You fail to understand this even though I repeatedly tell you. It's annoyin
uffda udfa: Good night, Smokey.
Smokey: good night uffda.
uffda udfa: Wonder how Colts fans feel, and Mr. Irsay?
uffda udfa: Today, anyway.
Smokey: DEFENSE DOES WIN CHAMPIONSHIPS TT !
uffda udfa: Carolina will never be back to a SB under Cam Newton.
uffda udfa: Denver D just dominated the current MVP and the former this year.
uffda udfa: Cam for LVP in the SB. No character.
uffda udfa: Newton is a wuss. MVP? LOL.
uffda udfa: #VonFire
uffda udfa: People who have passion and expectations aren't A words. Accepting less than the best doesn't make you not one either.
uffda udfa: Sorry, Kevin...maybe you called Dakota an A word and not me? Had to be one of us.
uffda udfa: Marshawn Lynch announced his retirement in a cool way via twitter. What could've been in Green Bay, Marshawn!
uffda udfa: It's okay... you called me the "A" word. All because I don't tickle the ears. I get it.
uffda udfa: So someone like Buck deserves privileges because he's a better fan than me due to his flattering opinions?
68md: wet blanket ? He works his ass off to keep the place going for you ?
Smokey: Zero, Why are you such a wet blanket host ? A real SB "Chat" should have been a priority for this site. Wet Blanket strikes again.
Zero2Cool: BTW, I'm not saying you're an asshole. I'm stating a fact, that's all.
Zero2Cool: You don't get it. You confuse right and privilege. Assholes don't deserve privileges. Get it, got it, good.
uffda udfa: Talib playing a Burfict half so far.
uffda udfa: You have an R rated section on a Packers board. I think moving the guys you really don't want rocking the boat to their own forum is a great
uffda udfa: I think the same was likely said at KFAN when it was suggested they have a Packers show. I believe they still have it. I used to produce it
Zero2Cool: Seriously think what you're asking and do so before asking. Unreal.
uffda udfa: Aaron walking gingerly in that SB MVP introduction thing.
uffda udfa: May I suggest something? How about a "Packers Cynics" sub forum. A place for the Dakota's and me. I would exclusively post there.
Zero2Cool: One way or another, there is going to be a big change coming to PH.
uffda udfa: I don't want to be difficult but you do for some reason. I know you've been dealing with a lot.
Zero2Cool: Precisely what I thought.
uffda udfa: Nah, that's okay. I already asked.
Zero2Cool: If you want your name changed, you need to send me a PM with the name change. Thank you.
Please sign in to use Fan Shout

Road To Super Bowl 50
Sunday, Sep 13 @ 12:00 PM
at Bears
Sunday, Sep 20 @ 7:30 PM
SEAHAWKS
Monday, Sep 28 @ 7:30 PM
CHIEFS
Sunday, Oct 4 @ 3:25 PM
at 49ers
Sunday, Oct 11 @ 12:00 PM
RAMS
Sunday, Oct 18 @ 3:25 PM
CHARGERS
Sunday, Oct 25 @ 12:00 AM
- BYE -
Sunday, Nov 1 @ 7:30 PM
at Broncos
Sunday, Nov 8 @ 12:00 PM
at Panthers
Sunday, Nov 15 @ 12:00 PM
LIONS
Sunday, Nov 22 @ 3:25 PM
at Vikings
Thursday, Nov 26 @ 7:30 PM
BEARS
Thursday, Dec 3 @ 7:25 PM
at Lions
Sunday, Dec 13 @ 3:25 PM
COWBOYS
Sunday, Dec 20 @ 3:05 PM
at Raiders
Sunday, Dec 27 @ 3:25 PM
at Cardinals
Sunday, Jan 3 @ 7:30 PM
VIKINGS

Think About It
Think About It

Recent Topics
10m / Green Bay Packers Talk / uffda udfa

12h / Green Bay Packers Talk / uffda udfa

13h / Green Bay Packers Talk / uffda udfa

16h / Green Bay Packers Talk / PackFanWithTwins

16h / Green Bay Packers Talk / nerdmann

23h / Green Bay Packers Talk / nerdmann

7-Feb / Green Bay Packers Talk / uffda udfa

7-Feb / Green Bay Packers Talk / uffda udfa

7-Feb / Green Bay Packers Talk / Zero2Cool

7-Feb / Green Bay Packers Talk / uffda udfa

6-Feb / Green Bay Packers Talk / Zero2Cool

6-Feb / Green Bay Packers Talk / Cheesey

6-Feb / Green Bay Packers Talk / uffda udfa

5-Feb / Green Bay Packers Talk / musccy

4-Feb / Green Bay Packers Talk / Cheesey


Tweeter