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: 434
Applause Received: 1,193
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: 3,182
Applause Received: 872
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: 698
Applause Received: 715
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 (6h): ;-)
Zero2Cool (6h): Because reading and wondering "typo or bullshit abbreviation" is fucking awesome!!
Zero2Cool (6h): I think we should all use a shit load of abbreviations to infuriate readers.
Wade (23-Jun): Thuji the Magnificent lhasa apso, 17 lbs, and a bit over 4 y.o.
Zero2Cool (23-Jun): Hmm, that speed "fix" didn't seem to work. ;-)
Porforis (22-Jun): My 62-pound German Shepard/Husky/Doberman mix turned 1 yesterday.
yooperfan (21-Jun): I have a Wire haired Pointing Griffon. Fabulous dog. 75 pounds.
yooperfan (21-Jun): Thanks guys.
wpr (21-Jun): Congrats Yoop. I'm still a couple of years away.
Laser Gunns (20-Jun): thinking about getting a puppy since my bro is leaving. Anyone recommend a breed? Bigger dog preferred :D
Cheesey (20-Jun): congrats Yoop!
yooperfan (20-Jun): Yesterday was my 1st Fathers Day as a grandfather!
buckeyepackfan (20-Jun): Not a huge BB fan but. CAVS WIN! CAVS WIN! CAVS WIN!
wpr (19-Jun): Happy Fathers Day to you all.
Zero2Cool (19-Jun): Happy Father's Day fellas
wpr (17-Jun): You can get a nice deal on Shark's gear.
wpr (17-Jun): The major sports leagues always gouge on championship goods.
Zero2Cool (16-Jun): That's a bit pricey. I won't even pay that for a Packers hat lol
dhazer (16-Jun): $30
Zero2Cool (13-Jun): Definitely. How much it cost!??
dhazer (13-Jun): Kevin you want me to grab you a championship hat?
Smokey (8-Jun): No Dairy ! ?
TheKanataThrilla (8-Jun): Rodgers on a vegan diet...with red meat and chicken. OK, but no dairy.
Cheesey (7-Jun): I went to the Favre charity softball game many years ago. It was a lot of fun! ENJOY IT!
wpr (5-Jun): Ali was the GOAT
Smokey (4-Jun): RIP Mohammad Ali
wpr (4-Jun): Nope. Have a great time gbguy.
gbguy20 (4-Jun): Anyone ever been to the jordy nelson charity softball event? Got tickets from my boss.
Porforis (3-Jun): I abstain because hockey.
Zero2Cool (3-Jun): Penguins 2, Sharks 0. What up!!!
Cheesey (2-Jun): I don't know...in a shark VS. a penguin, the penguin ends up being a snack.
Zero2Cool (2-Jun): Damn. That's right! Ugh! Me = powerless!!!!
wpr (2-Jun): Not if Craig, Shawn or I don't think so. Bahahaha
Zero2Cool (2-Jun): You better be rooting for Penguins > Sharks or you get banned!! Bahahahaha
Zero2Cool (2-Jun): NHL Stanley Cup Finals. They are up 2 - 0 over the San Jose Sharks.
Please sign in to use Fan Shout

Current Headlines

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
5h / Green Bay Packers Talk / PackFanWithTwins

6h / Green Bay Packers Talk / PackFanWithTwins

7h / Green Bay Packers Talk / DoddPower

8h / Green Bay Packers Talk / Zero2Cool

8h / Green Bay Packers Talk / yooperfan

14h / Green Bay Packers Talk / Smokey

22-Jun / Green Bay Packers Talk / wpr

21-Jun / Green Bay Packers Talk / wpr

19-Jun / Green Bay Packers Talk / sschind

19-Jun / Green Bay Packers Talk / DakotaT

17-Jun / Green Bay Packers Talk / wpr

17-Jun / Green Bay Packers Talk / PackerTraxx

17-Jun / Green Bay Packers Talk / DarkaneRules

17-Jun / Green Bay Packers Talk / nerdmann

16-Jun / Green Bay Packers Talk / Zero2Cool


Tweeter