Packers Extend Rodgers

[FloridaRob]

No details yet. I assume 5 years added to the two he has left for $150 million total deal. The guy is the best QB in the league and deserves to be paid like it.

 

[DFWJC]

5 Years, 110 Million, est 40 mil guaranteed

So his 22 mil/year ave is by far tops

 

[BoysFan4ever]

Great deal for him.

 

[Tabascocat]

Only 40 mil guaranteed? I thought it would be around 60 or so.

 

[FloridaRob]

40 mill guaranteed in year one. 63 in the first two years I think it said. anyway it was not as high as I expected. I figured it would average 25 million a year.

At any rate, the guy deserves it. Packers fans have been blessed the past 20+ years with back to back hall of fame Qbs.

 

[Hoofbite]

Only 40 mil guaranteed? I thought it would be around 60 or so.

Meh, "guaranteed" kind of detaches from reality a bit when you start talking contracts that are this large under the current cap total.

This contract is so big that it's probably not likely the Packers could even think about cutting him for the next 3 years........not that they would even think about it anyway.

The new deal, which runs through the 2019 season, is for $110 million over five years, according to Rapoport, with $62 million in the first three years and a whopping $40 million in the first year.

So he gets $40M this year....lets pretend $25M is SB and $15 is his base......I have no clue what it really is but just using easy numbers to work with. With the amount of dead space it would create by cutting him it's pretty much guaranteed he's going to be on the team for at least the first 3 seasons of the contract.

Here's the other part of the contract:

Another key part of Rodgers' contract is that his salary-cap figure never is more than $21 million, Rapoport reported. Flacco, on the other hand, has a cap number that reaches $29 million in the fourth year of his new contract.

This is where I've thought teams should have been going. You have to just face facts and accept that good QBs cost money. The Patriots did it with Brady and the Packers look to have done it with Rodgers.

If you QB takes a lot of cap space it's not a problem provided he is worth it. When you put an excessive amount on any single year you really have to start working numbers to get it to turn out right. He might take $21M in cap space but it's going to be consistent and thus the Packers can better plan their future knowing they don't have to find additional cap space just to accomodate Rodger's contract.

I think it's a great deal for the Packers. He's signed through 2019. Basically a 7 year, $130M deal because he had $20M left on his previous contract.

 

[Hoofbite]

40 mill guaranteed in year one. 63 in the first two years I think it said. anyway it was not as high as I expected. I figured it would average 25 million a year.

At any rate, the guy deserves it. Packers fans have been blessed the past 20+ years with back to back hall of fame Qbs.

If Luck Pans out the Colts would have likely been one of the most QB fortunate teams I can really ever think of.

They stink it up for a year and get a HoF QB. When he moves on they stink it up for another year and get a guy who's regarded as one of the best to come out in a long while.

 

[BoysFan4ever]

I hate to admit it because of the Cowboys but he's my favorite non Cowboy.

 

[Super_Kazuya]

Nothing but good news here... another rival has a ridiculous amount of their cap tied up in one player. Add in Matthews soon and Green Bay will be handing out some serious dough (and glad to do it, of course).

 

[BoysFan4ever]

The Pack have already extended Clay. Last week I think.

 

[perrykemp]

Breakdown of the deal:

Signing bonus: $35 million.

2013: Cap salary of $12 million. Base salary of $4.5 million, workout bonus of $500,000. Under his previous contract, his cap salary was $9.75 million, his base salary was $9.25 million and his workout bonus was $500,000.

2014: Cap salary of $17.9 million. Base salary of $900,000, roster bonus of $9.5 million due the first day of the league year (March 2014, guaranteed against skill and injury), workout bonus of $500,000. Under his previous contract, his cap salary was $11 million, his base salary was $10.5 million and his workout bonus was $500,000.

2015: Cap salary of $18.6 million. Base salary of $1 million, roster bonus of $9.5 million due the first day of the league year (March 2015, guaranteed against skill and injury), roster bonus of $600,000 ($37,500 for each game on the active roster) and workout bonus of $500,000.

2016: Cap salary of $19.6 million. Base salary of $11.5 million, roster bonus of $600,000 ($37,500 for each game on the active roster) and workout bonus of $500,000.

2017: Cap salary of $20.65 million. Base salary of $12.55 million, roster bonus of $600,000 ($37,500 for each game on the active roster) and workout bonus of $500,000.

2018: Cap salary of $20.9 million. Base salary of $19.8 million, roster bonus of $600,000 ($37,500 for each game on the active roster) and workout bonus of $500,000.

2019: Cap salary of $21.1 million. Base salary of $20 million, roster bonus of $600,000 ($37,500 for each game on the active roster) and workout bonus of $500,000.

None of the base salaries are guaranteed.