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: 134
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: 436
Applause Received: 1,205
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.
Online 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: 3,285
Applause Received: 912
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: 729
Applause Received: 755
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
GoPack1984 (1h) : Ryan Fitzpatrick threw 6 interceptions!
TheKanataThrilla (4h) : Cleveland loses.
The_Green_Ninja (4h) : I swear, Jacksonville's hot weather must be a huge advantage. Kept it super close with the Ravens
TheKanataThrilla (4h) : Su'a Cravens with a big INT. A guy I wanted.
TheKanataThrilla (4h) : Can Cleveland win?
Zero2Cool (4h) : T.J. Lang said after one of Aaron Rodgers' TD passes the Packers quarterback head-butted Lang in excitement and said "I'm back."
Zero2Cool (8h) : Terrelle Pryor could see snaps at quarterback
Zero2Cool (8h) : inactives 6 Callahan 37 Shields 42 Burnett 52 Matthews 68 Murphy 95 Jones 98 Guion
Mucky Tundra (8h) : GET HYPE
Zero2Cool (8h) : Packers aim to showcase speed of Ty Montgomery, Trevor Davis
Zero2Cool (9h) : CB Quinten Rollins will start for Shields. Micah Hyde for Burnett. Julius Peppers for Matthews. Kenny Clark for Guion.
Tezzy (9h) : Probably will not be on the top of the Pick'Em leaderboard after today, soaking it in beforehand
Tezzy (10h) : Foosball!
yooperfan (11h) : Game day, tee it up and get this show on the road!
dyeah_gb (12h) : Dyeah! Go Pack!
buckeyepackfan (14h) : GOOD MORNING PACKER FANS! GAMEDAY! GO! PACK! GO!
flep (17h) : Gameday!!! Will see you all in chat later
The_Green_Ninja (22h) : Also, I'm not sure if you guys know. I'm a Memphis Tigers fan. Start looking a Riley Ferguson, QB. He is the real deal.
The_Green_Ninja (24-Sep) : Big whoop, we have Aaron. We are going to win. H8ers.
Zero2Cool (24-Sep) : Matthews, Burnett out; Guion, Jones doubtful
Zero2Cool (24-Sep) : thank ya
macbob (23-Sep) : HAPPY BIRTHDAY, KEVIN (yesterday...sigh...)
Zero2Cool (23-Sep) : Sam Shields has already been ruled out for Sunday's game.
Zero2Cool (23-Sep) : For Lions, Ansah is out. LBs Levy and Williams doubtful and Van Noy questionable. TE Ebron and DE Taylor questionable, too.
Zero2Cool (23-Sep) : Jimmy G sprained his AC joint
Mucky Tundra (23-Sep) : Brady is suspended and 2nd stringer Jimmy Garoppolo suffered a ACL sprain in week 2
Mucky Tundra (23-Sep) : Patriots 3rd stringer QB Jacoby Brissett injuried and needs surgery
Zero2Cool (23-Sep) : Quinten Rollins is the only NFL cornerback to play 20 or more snaps in the slot this year without allowing a catch
Porforis (23-Sep) : Cutler has better luck completing to Packers players 10+ yards downfield than Rodgers does. I say only mostly facetiously.
Smokey (23-Sep) : HELLO DAVE
The_Green_Ninja (23-Sep) : You people would think we have a QB worse than Cutler.
dyeah_gb (22-Sep) : Bench him!!!!
Porforis (22-Sep) : WE'RE TEARING EACHOTHER APART! CAN'T YOU SEE WHAT THEY'RE DOING? THIS IS JUST WHAT THE BEARS WANT!
Zero2Cool (22-Sep) : you
The_Green_Ninja (22-Sep) : **** you ****s who are losing faith in our MVP qb. Go Aaron and Go Pack Go
Please sign in to use Fan Shout

Road To Super Bowl LI
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
17m / Green Bay Packers Talk / DoddPower

21m / Green Bay Packers Talk / DoddPower

1h / Green Bay Packers Talk / nerdmann

2h / Green Bay Packers Talk / luigis

4h / Green Bay Packers Talk / nerdmann

4h / Green Bay Packers Talk / nerdmann

4h / Green Bay Packers Talk / TheKanataThrilla

7h / Green Bay Packers Talk / nerdmann

9h / Green Bay Packers Talk / nerdmann

9h / Green Bay Packers Talk / nerdmann

9h / Green Bay Packers Talk / nerdmann

23-Sep / Green Bay Packers Talk / yooperfan

23-Sep / Green Bay Packers Talk / yooperfan

23-Sep / Green Bay Packers Talk / nyrpack

22-Sep / Green Bay Packers Talk / sschind


Packers Headlines