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 (18m) : welcome back ted lol over react much? HAHAHA SIT DOWN
packerfanoutwest (1h) : go to the chat room
gbguy20 (1h) : at least stay in the teens
gbguy20 (1h) : Fucking Bullshit
Cheesey (1h) : Welcome back, Ted.
Bigbyfan (2h) : Of course the Bears would be the ones to take my guy...
isocleas2 (2h) : Interesting
isocleas2 (2h) : Ward at #4
Zero2Cool (3h) : Bahahahhaha
Zero2Cool (3h) : In Madden.
Zero2Cool (3h) : Packers made a trade!!
beast (4h) : Na, they're going to trade this year's 1st to the Patriots for two 1st round picks (one next year and one this year).
Zero2Cool (4h) : Packers might draft Saquon Barkley
beast (6h) : He's actions said, he's going to tease the #1 pick choice as long as he can
Zero2Cool (7h) : How so? What did he say?
beast (7h) : John Dorsey is just messing with people now... which QB he'll take... I partly love it, partly annoyed by it.
Zero2Cool (7h) : You can make your NFL Pick's (Fantasy > NFL Pick'em)
Smokey (7h) : bye week is not listed in this forum's posting.
Zero2Cool (7h) : You don't follow the Pacers, do you?
gbguy20 (8h) : i must be missing something with the bye week comment
Smokey (9h) : Order your Pizza, Now !
Smokey (9h) : Packers
Smokey (9h) : Yes there is a bye week in the Pacers 2018 Schedule.
Zero2Cool (9h) : no charges? so the bomb was a dud??
Zero2Cool (9h) : No charges for WR Davis over LAX bomb joke
Cheesey (9h) : THE WRATH OF KHAN!!
Zero2Cool (9h) : damn caps
Zero2Cool (9h) : yEEHAW!!
Smokey (10h) : "DRAFT CHAT" Baby !
packerfanoutwest (13h) : Packers first pick will be lining up on with the defense
beast (13h) : If Packers trade up, they're grabbing James (or an ILB or CB) ;-P
beast (13h) : Sounds like Khan is moving the team to London in time.
packerfanoutwest (13h) : Here's an idea. Start a thread on who can pick the Packers #1 pick. Just make the pick only. No other comments.
Zero2Cool (14h) : This is NOT good
Zero2Cool (14h) : Shad Khan: I’m buying Wembley to keep the Jaguars stable in both London and Jacksonville
Please sign in to use Fan Shout
2018 Packers Schedule
Sunday, Sep 9 @ 7:20 PM
BEARS
Sunday, Sep 16 @ 12:00 PM
VIKINGS
Sunday, Sep 23 @ 12:00 PM
Redskins
Sunday, Sep 30 @ 12:00 PM
BILLS
Sunday, Oct 7 @ 12:00 PM
Lions
Monday, Oct 15 @ 7:15 PM
49ERS
Sunday, Oct 28 @ 3:25 PM
Rams
Sunday, Nov 4 @ 7:20 PM
Patriots
Sunday, Nov 11 @ 12:00 PM
DOLPHINS
Thursday, Nov 15 @ 7:20 PM
Seahawks
Sunday, Nov 25 @ 7:20 PM
Vikings
Sunday, Dec 2 @ 12:00 PM
CARDINALS
Sunday, Dec 9 @ 12:00 PM
FALCONS
Sunday, Dec 16 @ 12:00 PM
Bears
Sunday, Dec 23 @ 12:00 PM
Jets
Sunday, Dec 30 @ 12:00 PM
LIONS
Think About It
Think About It
Recent Topics
10m / Green Bay Packers Talk / Zero2Cool

12m / Green Bay Packers Talk / Zero2Cool

42m / Green Bay Packers Talk / yooperfan

1h / Green Bay Packers Talk / sschind

8h / Random Babble / Cheesey

8h / Green Bay Packers Talk / gbguy20

8h / Green Bay Packers Talk / Bigbyfan

9h / Green Bay Packers Talk / Cheesey

26-Apr / Green Bay Packers Talk / sschind

26-Apr / Green Bay Packers Talk / sschind

25-Apr / Green Bay Packers Talk / Zero2Cool

25-Apr / Green Bay Packers Talk / TheKanataThrilla

25-Apr / Green Bay Packers Talk / Cheesey

24-Apr / Around The NFL / dhazer

24-Apr / Green Bay Packers Talk / Cheesey

Headlines