Packers Salary Cap
Moderators: NCF, salmar80, BF004, APB, Packfntk
Just waiting on them to release that we have given Davante a new contract, lowering his number. Hoping Rodgers "Reworks" his contract as well. The next couple weeks should be interesting.
Wisconsin Cheese Is Better Than California Cheese!
I could see and Adams and Z getting extensions. I'm not sure if they are going to touch Rodgers's contract or not, but the more I think about it the more it makes sense to do it.
He has a cap hit of $37.5 Million in 2021
He has a cap hit of $39.8 Million in 2022.
He has a cap hit of $28.3 Million in 2023.
I would not be surprised at all if they drop his 2021 cap to around $33 million or so and then rework his contract in 2022 to drop his cap hit from like $42 million to $38 million and have 2023 cap hit be around $32 million.
Right. It just makes sense. I don't know if there is anyone at 1265 that is thinking Rodgers won't be our guy for the 2022 season as of right now. Would just make sense. There are only so many contracts we can drop the 2021 number on.go pak go wrote: ↑15 Feb 2021 09:29I could see and Adams and Z getting extensions. I'm not sure if they are going to touch Rodgers's contract or not, but the more I think about it the more it makes sense to do it.
He has a cap hit of $37.5 Million in 2021
He has a cap hit of $39.8 Million in 2022.
He has a cap hit of $28.3 Million in 2023.
I would not be surprised at all if they drop his 2021 cap to around $33 million or so and then rework his contract in 2022 to drop his cap hit from like $42 million to $38 million and have 2023 cap hit be around $32 million.
Wisconsin Cheese Is Better Than California Cheese!
Yup. And even if we defer out say $5 to $10 million to 2023, Rodgers's dead cap is still going to be likely under $10 million if my math is right. So even if the Packers decide to move on after 2022....they aren't destroyed from a cap standpoint if they do.Packfntk wrote: ↑15 Feb 2021 09:39Right. It just makes sense. I don't know if there is anyone at 1265 that is thinking Rodgers won't be our guy for the 2022 season as of right now. Would just make sense. There are only so many contracts we can drop the 2021 number on.go pak go wrote: ↑15 Feb 2021 09:29I could see and Adams and Z getting extensions. I'm not sure if they are going to touch Rodgers's contract or not, but the more I think about it the more it makes sense to do it.
He has a cap hit of $37.5 Million in 2021
He has a cap hit of $39.8 Million in 2022.
He has a cap hit of $28.3 Million in 2023.
I would not be surprised at all if they drop his 2021 cap to around $33 million or so and then rework his contract in 2022 to drop his cap hit from like $42 million to $38 million and have 2023 cap hit be around $32 million.
And honestly if I am Rodgers I am ALL about deferring cap out to 2023 for a few reasons.
1. It frees up space to win now.
2. It makes letting me go more painful for the organization.
I fully expect a modest $5 million restructure or so. And IF the PA and Owners come to an agreement of 17 games to make the cap flat....then suddenly we aren't looking all too terrible from a cap standpoint.
Of course the bugger of that is, every other team is also looking better and there likely won't be as many "bargain discount" FA's who were released.
Exactly. They really need to make a final call on cap soon. Either way, I think there is a windfall of veteran FA's that will hit the market. Twitter may not be able to handle all the news. 
Wisconsin Cheese Is Better Than California Cheese!
I am not necessarily sure pushing Rodgers' cap number into 2023 is a good idea. I think that would be one of the last resort type of things.
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
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Ghost_Lombardi
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I don't understand why everyone thinks this. He has a base non-guaranteed base salary of $25M in 2023 and only $2.8M in dead-cap. I mean, I don't want to a $30M cap charge for a guy not still on the team, but I don't get the hesitancy to shift some dollars to the end.
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I am not sure he will be on this football team in 2023. If we plan for him to be, then yes, pushing that cap hit off later would be fine.
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
See, I don't care either way. If it's a dead cap hit of $10M... maybe even $15M, fine. One year, we deal with it. Paired with a rookie QB and a much higher cap, no harm, no foul.Pckfn23 wrote: ↑15 Feb 2021 14:33I am not sure he will be on this football team in 2023. If we plan for him to be, then yes, pushing that cap hit off later would be fine.
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I mean we are okay with Preston Smith dead cap. We are okay with Kirksey dead cap etc.Pckfn23 wrote: ↑15 Feb 2021 14:33I am not sure he will be on this football team in 2023. If we plan for him to be, then yes, pushing that cap hit off later would be fine.
I agree with NCF. I don't really care if we have $7 million of Rodgers dead cap in 2023. We won't likely be in a championship mode that season anyways and would still net signficant savings at the QB spot if Rodgers is no longer a Packer.
In addition, due to the roll forward of caps savings that the NFL is governed, I guess I don't really care about timing of absorbing larger player contracts whether it be in 2021, 2022 or 2023. It all will flush through regardless by the first day of the 2024 league year.
There are only 2 ways to restructure with Rodgers: fully guarantee the contract or extend it, adding money. Either way there is NO WAY we would get out of 2023 with only a dead cap hit of $7-$15 million. Not a chance in hell. Fully guaranteeing it would be a $25.5 million cap hit, and in reality more, because you would be shifting every to back load it. Adding years would do the same, accounting for a larger cap hit in 2023.
Preston Smith has a dead cap hit of $8 million in 2021 or $4 million in 2021 and $4 million in 2022 if they went post June 1 cut. That's why I am OK with a dead cap hit from Preston Smith, it isn't $25+ million.
I would not concede that the team is not a championship team in 2023. I believe restructuring Aaron Rodgers would be a last resort type of thing. It would without a doubt signal that we are sacrificing 2022 or 2023 for 2021, as Ghost said.
Preston Smith has a dead cap hit of $8 million in 2021 or $4 million in 2021 and $4 million in 2022 if they went post June 1 cut. That's why I am OK with a dead cap hit from Preston Smith, it isn't $25+ million.
I would not concede that the team is not a championship team in 2023. I believe restructuring Aaron Rodgers would be a last resort type of thing. It would without a doubt signal that we are sacrificing 2022 or 2023 for 2021, as Ghost said.
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
I believe this is the number we have to work with for a fully guaranteed Rodgers contract: $105,776,000. Gotta split that up over the next 3 years somehow. If we want to drop his cap hit this year by $10 million that means we would need to split $84,220,000 between 2022 and 2023.
Let's say we want to extend him 1 more year. He is going to want at least an extra $35 million for that 1 season. So now let's divide $119,220,000 between 2022, 2023, and 2024. Let's give ourselves a modest $5 million savings on his cap number in 2022. That would mean we need to split $84,368,000 between 2023 and 2024. Now what would the guarantees look like in there? If we stay with the same guarantee % as his last contract that would be $25,795,000 guaranteed. We would look at splitting $75,163,000 of guarantees between 2023 and 2024. That assumes he would take a 1 years extension of only $35 million and we do not cut him before 2024.
Let's say we want to extend him 1 more year. He is going to want at least an extra $35 million for that 1 season. So now let's divide $119,220,000 between 2022, 2023, and 2024. Let's give ourselves a modest $5 million savings on his cap number in 2022. That would mean we need to split $84,368,000 between 2023 and 2024. Now what would the guarantees look like in there? If we stay with the same guarantee % as his last contract that would be $25,795,000 guaranteed. We would look at splitting $75,163,000 of guarantees between 2023 and 2024. That assumes he would take a 1 years extension of only $35 million and we do not cut him before 2024.
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
I am, I completely anticipate him being our QB and his cap hit is really really small figuring what the 2023 cap will be.
Not sure if this is facetious or not given the really really small comment.
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
Yeah, $28.3 million cap hit in 2023, $25 million base salary, that is very small. Also only 3.3 million in dead cap if we do get rid of him after 2022.
We obviously want as little as possible at all times, but if we are going with Love on rookie contract in '23 and have 5th year option in '24, we could handle a little more dead cap.
I'd prefer that vs. suiting up Hollman or Jackson next year and having no real shot of winning in '21 or '22.
That is small, yes, but the talk is of restructuring or extending his contract to free up cap for 2021, which would add cap hit to 2023. We weren't talking about simply letting Aaron's contract run out as is, which would be fine by me. I am not sure anyone is against that. I for one am not really in favor of extension/restructure unless as a last resort.BF004 wrote: ↑15 Feb 2021 20:42Yeah, $28.3 million cap hit in 2023, $25 million base salary, that is very small. Also only 3.3 million in dead cap if we do get rid of him after 2022.
We obviously want as little as possible at all times, but if we are going with Love on rookie contract in '23 and have 5th year option in '24, we could handle a little more dead cap.
I'd prefer that vs. suiting up Hollman or Jackson next year and having no real shot of winning in '21 or '22.
Last edited by Pckfn23 on 15 Feb 2021 21:23, edited 1 time in total.
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
I wonder if we could take Aaron's base salary and roster bonus in 2021 and turn it into a signing bonus and spread that over the next 3 years...
That would be $21,850,000 or $7,283,333 a year. It would save $14,566,666 in 2021, but make 2022 a cap hit of $47,135,333. It also makes that dead cap more than $30 million if we cut him after 2021 to avoid that cap hit.
Ya, talking through that I am still on it being a last resort.
That would be $21,850,000 or $7,283,333 a year. It would save $14,566,666 in 2021, but make 2022 a cap hit of $47,135,333. It also makes that dead cap more than $30 million if we cut him after 2021 to avoid that cap hit.
Ya, talking through that I am still on it being a last resort.
Palmy - "Very few have the ability to truly excel regardless of system. For many the system is the difference between being just a guy or an NFL starter. Fact is, everyone is talented at this level."
You spend so much of your time destroying people on this forum for speaking in absolutes like this only to do it yourself, now? This is absolutely not true and you know it. They can guarantee any additional portion of it. As of right now his 2023 salary is not guaranteed, meaning only his current proration would count as dead cap in 2023 plus any additional proration we might add to it. I mean, it's almost endless how many possibilities there are.
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